The Solaria Syndrome: Social Capital in a Growing Hyper-Technological Economy

62 Pages Posted: 1 Sep 2010

See all articles by Angelo Antoci

Angelo Antoci

University of Sassari

Fabio Sabatini

Sapienza University of Rome - Department of Economics and Law; Euricse

Mauro Sodini

Dipartimento di Statistica e Matematica Applicata all’Economia, Università di Pisa

Date Written: February 28, 2010

Abstract

We develop a dynamic model to analyze the sources and the evolution of social participation and social capital in a growing economy characterized by exogenous technical progress. Starting from the assumption that the well-being of agents basically depends on material and relational goods, we show that the best-case scenarios hold when technology and social capital both support just one of the two productions at the expenses of the other. However, trajectories are possible where technology and social interaction balance one another in fostering the growth of both the social and the private sector of the economy. Along such tracks, technology may play a crucial role in supporting a “socially sustainable” economic growth.

Keywords: Technology, Economic Growth, Relational Goods, Social Participation, Social Capital

JEL Classification: O33, J22, O41, Z13

Suggested Citation

Antoci, Angelo and Sabatini, Fabio and Sodini, Mauro, The Solaria Syndrome: Social Capital in a Growing Hyper-Technological Economy (February 28, 2010). FEEM Working Paper No. 100.2010, Available at SSRN: https://ssrn.com/abstract=1669985 or http://dx.doi.org/10.2139/ssrn.1669985

Angelo Antoci

University of Sassari ( email )

Piazza Universita
Sassari, 07100
Italy

Fabio Sabatini (Contact Author)

Sapienza University of Rome - Department of Economics and Law ( email )

Piazzale Aldo Moro 5
Roma, Rome 00185
Italy

Euricse ( email )

Via S. Giovanni 36
38122 Trento (TN)
Italy

Mauro Sodini

Dipartimento di Statistica e Matematica Applicata all’Economia, Università di Pisa ( email )

Piazza Arbarello, 8
Turin, I-10122
Italy

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