His latest column on poverty is quite honest, and quite good. I think he's too focused on the utility of social capital within a neighborhood, rather than social capital into new economic classes and social strata, but that's a fair disagreement. If you want to read, incidentally, a phenomenal article on social capital within neighborhoods and its remarkable potential to alleviate poverty and various inner-city ills, Eyal Press wrote a really interesting piece for The Prospect on exactly that topic:
For several decades, the debate over the myriad problems of America's inner cities has been dominated by two schools of thought: on one side, liberals who have emphasized the structural factors (racism, poverty) at their root; on the other, conservatives who've stressed the behavioral pathologies (out-of-wedlock birth, criminality) they believe are to blame. Yet over the past decade, a new theory has emerged to explain why some areas fare better than others even when their residents face similarly daunting odds. It stresses neither jobs nor personal behavior but something at once more elementary and more difficult to capture: the nature of the social interactions taking place among neighbors, and the degree to which they foster a shared capacity to solve problems and enforce collective norms. These qualities appear to have a powerful effect on everything from the level of violence in a community to the conduct of adolescent youth to the likelihood that a neighborhood will remain poor, which is perhaps why a growing number of scholars and policy-makers are interested in teasing out what exactly fosters such traits.
The first indication of this dynamic came nearly a decade ago, in August 1997, when the journal Science published a seven-page article titled "Neighborhoods and Violent Crime: A Multilevel Study of Collective Efficacy." It reported some findings from one of the largest social-science research experiments ever launched in the United States.
The experiment took place in Chicago, where, in the mid-1990s, surveyors fanned out into 343 "neighborhood clusters" -- geographically contiguous tracts consisting of roughly 8,000 people each -- to interview thousands of residents. One of the elements the surveyors were measuring was the level of "social cohesion and trust" in a community. To gauge this, surveyors asked residents to rank, on a five-point scale, how strongly they agreed or disagreed with a series of statements: "People around here are willing to help their neighbors"; "This is a close-knit neighborhood"; "People in this neighborhood can be trusted." A second set of questions sought to measure "informal social control" -- the capacity of adults in a community to work together to achieve a sense of public order. Here, individuals were asked how likely they thought their neighbors were to intervene in various situations: when a fight broke out; when someone was spray-painting graffiti; when the local fire station was threatened with budget cuts. Researchers supplemented the interviews by crisscrossing the city in vans fitted with video cameras to conduct systematic social observation of street life in various neighborhoods.
The results of the survey were striking. Throughout Chicago, the levels of violence and social disorder were markedly lower in communities where the sense of social cohesion and shared expectations about the willingness to intervene were higher -- qualities that, taken together, constituted something the designers of the experiment called "collective efficacy,"...it appeared to explain why similarly impoverished neighborhoods do not always share the same fate: When researchers compared two neighborhoods with similar levels of concentrated disadvantage (unemployment, percentage of welfare recipients) but different levels of collective efficacy, they found that in the neighborhood where collective efficacy was higher, the odds of being victimized by a crime were 30 percent lower. The chance of being murdered was 40 percent less. The absence of collective efficacy, the study found, correlated even more powerfully with some types of violence than did poverty or race.