Indicators of Social Capital in Web Logs
1. Levels of giving (blog ecossystem) reflects people's propensity to give to others when they themselves may not directly benefit. The economy of giving links.
2. Participation and engagement (What we do when we blog Meg Hourihan) gauge of people's involvement in a range of groups and associations, both formal and informal. Ray Ozzie adds a nice contribution to "Why we Blog"
3. Reciprocity within the community (everybodyblogit) is the measure to which people can rely on their community to help in times of need. How to Start a Weblog (For Professinal Journalists)
4. Generalized trust that people have in other individuals and groups, and how safe they feel in their daily interactions with others.
5. Trust towards public officials and institutions or the measure of people's confidence in the institutions of society. The MemoryHole
6. Social Norms (Lessig) the rules, belief, morals and habits that regulate behaviour.
7. Attitudinal variables (blogtree) important to social capital or individuals' belief about themselves, their place, and their tolerance of others, levels of acceptance, motivations and sense of connectedness.
8. Confidence in the continuation of social and political relationships for the future.
This list is from the work titled Framework for the measurment of Social Capital in New Zealand which was prepared by Anne Spellerberg and assisted by the social capital programme team. page 16 of the (link to pdf found here)