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A Lexicon of Social Well-BeingCapital

A Lexicon of Social Well-Being: Capital [“Bad” poverty is constantly growing, while “good” poverty is diminishing. We are quickly becoming poor in a bad way because the deterioration of our civil, educational, relational, spiritual, and governmental capital has passed a tipping point, triggering a chain reaction. We are living through a capital decline. The types of poverty that we can measure are manifested as the lack of flows (jobs and income), but in reality they are the much deeper and more long-term expressions of “capital account” processes that do not really depend on the financial crisis of 2007–2008 or on German politics. These in fact are our usual — and by now lame — alibis to cover the real reasons why serious things are happening to us.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

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Publisher
Palgrave Macmillan UK
Copyright
© Palgrave Macmillan, a division of Macmillan Publishers Limited 2015
ISBN
978-1-349-50678-1
Pages
9 –12
DOI
10.1057/9781137528889_3
Publisher site
See Chapter on Publisher Site

Abstract

[“Bad” poverty is constantly growing, while “good” poverty is diminishing. We are quickly becoming poor in a bad way because the deterioration of our civil, educational, relational, spiritual, and governmental capital has passed a tipping point, triggering a chain reaction. We are living through a capital decline. The types of poverty that we can measure are manifested as the lack of flows (jobs and income), but in reality they are the much deeper and more long-term expressions of “capital account” processes that do not really depend on the financial crisis of 2007–2008 or on German politics. These in fact are our usual — and by now lame — alibis to cover the real reasons why serious things are happening to us.]

Published: Sep 21, 2015

Keywords: Tipping Point; Capital Account; National Politics; Industrial Capital; Spiritual Good

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