Young people are poorer today because the free social capital once provided by thick community networks has been liquidated, forcing them…
Young people are poorer today because the free social capital once provided by thick community networks has been liquidated, forcing them to repurchase trust, jobs, dating, and institutions at high market prices He traces the collapse to mid-century changes (suburbanisation, mobility, women’s workforce entry, diversity, and television) that destroyed continuity, closure, and multiplex local bonds Source
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