Type systems usually characterize the shape of values but not their free variables. However, many desirable safety properties could be guaranteed if one knew the free variables captured by values. We describe CC<:square, a calculus where such captured variables are succinctly represented in types, and show it can be used to safely implement effects and effect polymorphism via scoped capabilities. We discuss how the decision to track captured variables guides key aspects of the calculus, and show that CC<:square admits simple and intuitive types for common data structures and their typical usage patterns. We demonstrate how these ideas can be used to guide the implementation of capture checking in a practical programming language.