This article sets the stage for the discussion of social capital, civi
l society, and contemporary democracy by attempting to clarify terms a
nd set out the most promising avenues for discussion and debate. The a
uthors argue that current usage of key terms in the debate suffers fro
m three faults: First, the notion of ''social capital'' is generally u
ndertheorized and oversimplified. Second, popular usage and some schol
arly accounts tend to suppress the conflictive character of civil soci
ety, seeking in society itself and in its inner workings the resolutio
n of conflicts that politics and the political system in other underst
andings are charged with settling or suppressing. Third, these (mis)un
derstandings conjoin in the suppression of the economic dimension of c
ontemporary social conflict. This introductory article takes up the fi
rst two of these points, in an effort to lay out the theoretical and e
mpirical questions that the subsequent articles address.