You are viewing content intended for a different location. This may affect your ability to shop online.

Our systems are now restored following recent technical disruption, and we’re working hard to catch up on publishing. We apologise for the inconvenience caused. Find out more

Recommended product

Popular links

Popular links


Friends and Fortunes

Friends and Fortunes

Friends and Fortunes

Social Capital Inequality in America
Authors:
Benjamin Cornwell, Cornell University, New York
Cristobal Young, Cornell University, New York
Barum Park, Cornell University, New York
Nan Feng, New York University
Published:
May 2026
Availability:
Available
Format:
Paperback
ISBN:
9781009483278

Looking for an examination copy?

If you are interested in the title for your course we can consider offering an examination copy. To register your interest please contact collegesales@cambridge.org providing details of the course you are teaching.

    Durable social connections are priceless resources for support, companionship, and opportunity. They make life worth living. However, not everyone has equal access to these seemingly free social resources. Like many other valuable things in life, 'social capital' is both a source and a consequence of inequality throughout the population – something that reinforces the status quo and existing social hierarchies. In Friends and Fortunes, the authors painstakingly document that the distribution of social connections in American society is as stark as income inequality. Through detailed analyses and colorful real-life illustrations, they reveal how rich elites hoard both the most prized and the most deceptively frivolous social ties. Drawing on over one hundred measures of social capital from dozens of datasets and over one million people, they explain how social networks create a remarkable and omnipresent web of connections that subtly feed hidden systems of power, prestige, wealth and, ultimately, life chances.

    • Provides detailed evidence from a wide array of measures of social capital and social connectedness from multiple datasets
    • Demonstrates the operation of different dimensions of social capital using real-world applications and examples
    • Helps readers, including lay readers, understand how social-structural factors shape and explain everyday circumstances in which readers may find themselves

    Reviews & endorsements

    ‘The authors pull back from the network details of social capital to capture two broad features across individuals, groups, and territories: (1) social connectivity is beneficial, and (2) that connectivity is concentrated, as are material resources, in the hands of a minority. In establishing a general foundation, the book should be productive as a reading for undergraduates, or a platform from which many a doctoral dissertation could launch.’ Ronald Burt, University of Chicago and Bocconi University

    ‘An exceptionally comprehensive, empirically rich examination of inequality in social connectedness in the United States. Friends and Fortunes thoroughly documents the appreciable unevenness in distributions of individual social capital indicators, including numerous personal network features and organizational affiliations. It then shows how access to these social resources differs by income and age (especially) as well as race/ethnicity and gender – thereby reinforcing rather than counteracting fault lines of material inequality.’ Peter V. Marsden, Edith and Benjamin Geisinger Professor of Sociology, Harvard University

    ‘This book offers the most comprehensive portrait to date of how social capital, the resources embedded in social ties, is distributed across the American population and how that distribution has evolved over the past half century. Bringing together an unprecedented range of data and linking classic theory to new empirical evidence, it shows that social capital is both a driver and a consequence of economic inequality, making it essential reading for scholars and students of inequality, social networks, and contemporary American society.’ Filiz Garip, Princeton University

    Product details

    • Published: June 2026
    • Format: Adobe eBook Reader
    • ISBN: 9781009483292
    • Length: 0 pages
    • Availability: This ISBN is for an eBook version which is distributed on our behalf by a third party.

    Table of Contents

    • Part I. Introduction:
    • 1. Our Study of Social Resources and Social Capital
    • Part II. Theoretical Foundations:
    • 2. Theoretical Foundations
    • Part III. Data and Analytic Strategy:
    • 3. Data, Measurement, and Analytic Strategy: Part IV. Findings:
    • 4. Inequality in Social Networks and Social Capital
    • 5. Social Networks, Prosperity, and Power
    • Part V. Conclusions:
    • 6. Conclusions and Future Directions.

    Authors

    Benjamin Cornwell , Cornell University, New York

    Benjamin Cornwell served as Chair of Sociology at Cornell University. He has published two books, including Social Sequence Analysis (Cambridge, 2015) and over 70 studies on topics such as social networks and epidemiology. In 2017, the American Sociological Association awarded Cornwell the Leo Goodman Award for advances in research methods.

    Cristobal Young , Cornell University, New York

    Cristobal Young is Associate Professor of Sociology at Cornell University. He studies the social dynamics of inequality, ranging from millionaire taxes to unemployment. His methodological work centers on model uncertainty and robust results. His most recent book is Multiverse Analysis: Computational Methods for Robust Results (with Erin Cumberworth, Cambridge, 2025).

    Barum Park , Cornell University, New York

    Barum Park is an Assistant Professor of Sociology at Cornell University. He works on topics in political sociology, social networks, social mobility, and quantitative methods. Barum's work has appeared in American Journal of Sociology, Journal of Politics, Social Forces, Sociological Methodology, and Sociological Science, among other outlets.

    Nan Feng , New York University

    Nan Feng is a postdoctoral researcher at the Institute for Public Knowledge at New York University. She received a Ph.D. in sociology from Cornell University in 2024. She studies how social networks shape inequality and are shaped by inequality. Her work employs innovative quantitative approaches to study complex data structures.

    • Table of contents navigation
    • Index navigation
    • Latest accessibility assessment date: 2026-03-25