Elements of social capital such as how people identify themselves in relation to others, their levels of trust with others, how they work with others in various networks, and the number and type of networks people can live and work within, are significant and should be explicitly acknowledged and written into a new strategy. The literature sometimes presents human and social capital as a dichotomy, involving a choice to be made between one or the other, a form of vocational/social divide (Perkins 2009:31). We maintain, however, the two forms of capital are interrelated and that socio-economic well-being requires both forms of capital (Balatti, Black and Falk 2006).
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