Spiritual capital
Encyclopedia
Spiritual capital is a concept that involves the quantification of the value to individuals, groups and society of spiritual, moral or psychological beliefs and practices. Proponents liken it to other forms of capital, including material capital (or financial capital
), intellectual capital
, and social capital
. Some scholars such as Robert Barro
see spiritual capital as simply another term for the power and influence generated by religion belief and practice, whilst others, such as Danah Zohar
define it more broadly as the value of personal, social or cultural beliefs and meanings that stimulate creativity, encourage moral behaviour and motivate individuals. It is often connected to the related concept of spiritual intelligence
.
Spiritual capital, when used in research, can be operationalized through various measures that measure an individual's religious and spiritual inclinations, such as frequency of church attendance and prayer, as well as one's belief in the transcendence. These kinds of measures can be found in the Brief Multidimensional Measure of Religiousness/Spirituality Multidimensional Measurement of Religiousness/Spirituality (book)
.
Spiritual capital has also be used by many scholars to understand movements such as business as a mission, kingdom business and workplace spirituality.
Financial capital
Financial capital can refer to money used by entrepreneurs and businesses to buy what they need to make their products or provide their services or to that sector of the economy based on its operation, i.e. retail, corporate, investment banking, etc....
), intellectual capital
Intellectual capital
The value of an enterprise is made of physical assets, various financial assets and, finally, intangible assets, i.e., intellectual capital . The term intellectual capital conventionally refers to the difference in value between tangible assets and market value. ....
, and social capital
Social capital
Social capital is a sociological concept, which refers to connections within and between social networks. The concept of social capital highlights the value of social relations and the role of cooperation and confidence to get collective or economic results. The term social capital is frequently...
. Some scholars such as Robert Barro
Robert Barro
Robert Joseph Barro is an American classical macroeconomist and the Paul M. Warburg Professor of Economics at Harvard University. The Research Papers in Economics project ranked him as the 4th most influential economist in the world as of August 2011 based on his academic contributions...
see spiritual capital as simply another term for the power and influence generated by religion belief and practice, whilst others, such as Danah Zohar
Danah zohar
Danah Zohar is a management thought leader, physicist, philosopher and author. She is known for her work on spiritual intelligence and spiritual capital.- Biography :Danah Zohar was born and educated in the United States...
define it more broadly as the value of personal, social or cultural beliefs and meanings that stimulate creativity, encourage moral behaviour and motivate individuals. It is often connected to the related concept of spiritual intelligence
Spiritual intelligence
Spiritual intelligence is a term used to indicate a spiritual correlate to IQ and EQ . Like EQ, SQ is becoming more mainstream in scientific inquiry and philosophical/psychological discussion....
.
Spiritual capital, when used in research, can be operationalized through various measures that measure an individual's religious and spiritual inclinations, such as frequency of church attendance and prayer, as well as one's belief in the transcendence. These kinds of measures can be found in the Brief Multidimensional Measure of Religiousness/Spirituality Multidimensional Measurement of Religiousness/Spirituality (book)
Multidimensional Measurement of Religiousness/Spirituality (book)
Multidimensional Measurement of Religiousness/Spirituality for Use in Health Research is a report, originally published in 1999, by a Fetzer Institute / National Institute on Aging working group on the measurement of religion/spirituality. A revised version was published in 2003 that incorporated a...
.
Spiritual capital has also be used by many scholars to understand movements such as business as a mission, kingdom business and workplace spirituality.
Definitions
The Metanexus Institute defines spiritual capital as "the effects of spiritual and religious practices, beliefs, networks and institutions that have a measurable impact on individuals, communities and societies". Another general definition, offered by Alex Liu is that spiritual capital is the power, influence and dispositions created by a person or an organization’s spiritual belief, knowledge and practice.Further reading
- Doing Virtuous Business: The Remarkable Success of Spiritual Enterprise by Theodore Roosevelt MallochTed MallochTheodore Roosevelt Malloch, is Chairman and Chief Executive Officer of The Global Fiduciary Governance LLC, a strategy and thought leadership company. -Career:...
(2008; ISBN 978-0-8499-4717-9) - Spiritual Capital: Wealth We Can Live By Danah Zohar and Ian Marshall (2004; ISBN 1-57675-138-4)
- God is at Work by Ken Eldred 2005 Regal Books
- Handbook of workplace spirituality and organizational performance. by Giacalone, R. A., & Jurkiewicz, C. L. (2003). Armonk, N.Y.: M.E. Sharpe.
- Spiritual information : 100 perspectives on science and religion. by Harper, C. L., & Templeton, J. (Eds.). (2005). Philadelphia: Templeton Foundation Press.
- Spiritual intelligence at work : meaning, metaphor, and morals. by Pava, M. L., & Primeaux, P. (2004). Amsterdam ; London: Jai.
- Spiritual capital, academic capital and the politics of scholarship: A response to Bradford Verter Method & Theory in the Study of Religion, 17(2), 166-175. by Urban, H. (2005).
- Spiritual capital: Theorizing religion with Bourdieu against Bourdieu Sociological Theory, 21(2), 50-174. by Verter, B. (2003).
- Spirituality and ethics in management. by Zsolnai, L. (2004). Dordrecht Boston, Mass.: Kluwer Academic.
- Ethics and spirituality at work : hopes and pitfalls of the search for meaning in organizations. by Pauchant, T. C. (2002). Westport, Conn.: Quorum Books.