Imagine if a tiny metal can were sent hurtling into space fifty years ago, and as aresult your country’s economy would be altered forever, society would functiondifferently, and the political system would be forever changed. Anyone who is familiar with an instrument known as the Internet should be aware of its immense clout and power over a variety of elements that make up today’s world. The metal can was none other thanthe first satellite launched into space, Sputnik 1. In order to regain the technological leadin the arms race, Dwight Eisenhower, the president at the time, launched a project thateventually led to the Internet, which debuted in October, 1969. Since then, the network has gone through a number of evolutions that have brought it to its current state. TheInternet is a resource used by a tremendous amount of people around the world, andsubstantial data reveals that increases in social capital is related to mankind’s usage of theInternet (Taube, 235). It is evident that the Internet is a resource that has the power torestore the social capital that has been lost in recent decades.
The Decline of Social Capital
In order to better understand the concepts that are going to be dealt with in this paper, the discussion of the Internet’s positive role on social capital will begin with somedefinitions of both social capital and the Internet. The concept of social capital is still arather new one. In fact, the concept of social capital only “arose in the 1980s, as a number of social scientists considered the role of interpersonal relations in human and socialdevelopment” (Warschauer, 316). The most significant aspect of social capital that makesit differ from human capital, which involves individual skills or knowledge, or physicalcapital, like financial assets, is the fact that social capital is the “capacity of individuals to2
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