Recent findings show an apparent erosion in the United States over the post-war years of ‘social capital’ understood as the propensity of individuals to associate together on a regular basis, to trust one another, and to engage in community affairs. This article examines the British case for similar trends, finding no equivalent erosion. It proposes explanations for the resilience of social capital in Britain, rooted in educational reform, the transformation of the class structure, and government policy. It concludes by drawing some general lessons from the British case that stress the importance of the distributive dimensions of social capital and the impact that governments can have on it.