Dense social relations sustain many non-fungible outstanding obligations.

Evidence

There are a large number of these credit slips outstanding, often on both sides of a relation (for these credit slips appear often not to be completely fungible across areas of activity, so that credit slips of B held by A and those of A held by B are not fully used to cancel each other out). The El Khalili market in Cairo, described earlier, constitutes an extreme case of such a social structure. In other social structures where individuals are more self-sufficient and depend on each other less, there are fewer of these credit slips outstanding at any time. — Coleman, SocialCapitalCreation-1988, 84

Categorization

• XREF: Directly feeds the reader’s thesis: the Cairo bazaar is close cousin to the Sicilian piazza in treating dense relational accounting as the real economy. — connects to: Trust can arise even when transactions are not embedded in social relations. — Shapiro, Susan P., The Social Control of Impersonal Trust, 12; Obligation arises when social pressure and general demand for conformity are intense — HLA Hart, The Concept of Law (Clarendon Law…, 299; Trust-based obligations function as exchangeable credit within social relationships. (+3 more)

Related

• Trust-based obligations function as exchangeable credit within social relationships. (similarity 0.84)
• Trust can arise even when transactions are not embedded in social relations. (similarity 0.83)
• Social relations are sufficient but not necessary conditions for trust in economic life. (similarity 0.81)
• Trust flourishes most where neither kinship nor contract obligations apply (similarity 0.80)
• Trust in economic life arises from social relations rather than morality or institutions alone. (similarity 0.79)
• Social relations enable malfeasance on a larger scale than their absence does. (similarity 0.79)
• A bazaar can function as an organization through merchants’ social capital. (similarity 0.78)

Broader Connections

• Trust-based obligations function as exchangeable credit within social relationships. #expands (0.85)
• Trust can arise even when transactions are not embedded in social relations. #complicates (0.80) — Shapiro, Susan P., The Social Control of Impersonal Trust, 12
• Trust flourishes most where neither kinship nor contract obligations apply #contradicts (0.80)
• Cooperation rests on coercion, interests, values, and personal bonds #expands (0.80) — Diego Gambetta, Trust - Making and Breaking Cooperative…, 2202
• Obligation arises when social pressure and general demand for conformity are intense #corroborates (0.75) — HLA Hart, The Concept of Law (Clarendon Law…, 299
• Sustained commitment usually depends on external social institutions for enforcement. #qualifies (0.75)