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In the essay, Bourdieu lists cultural capital among two other categories of capital: economic capital, which refers to the command of economic resources (money, assets, property); and social capital, which is the actual and potential resources linked to the possession of a durable network of institutionalized relationships of mutual ...
Originally formulated by Karl Marx in Das Kapital, this concept is a variety of Marx's notion of economic reproduction. According to sociologist Pierre Bourdieu, there are four types of capital that contribute to social reproduction in society: economic capital, cultural capital, social capital and symbolic capital.
Pierre Bourdieu (French: [pjɛʁ buʁdjø]; 1 August 1930 – 23 January 2002) was a French sociologist and public intellectual. [4] [5] Bourdieu's contributions to the sociology of education, the theory of sociology, and sociology of aesthetics have achieved wide influence in several related academic fields (e.g. anthropology, media and cultural studies, education, popular culture, and the arts).
Pierre Bourdieu explains social capital as the degree to which actors are capable of subsisting together in social structures that are often heterogeneous in nature. Where symbolic capital is earned on an individual basis and may fluctuate widely between members in a community, social capital is the overarching sense of trust and cooperation ...
Status and economic capital are both necessary to maintain dominance in a system, rather than just ownership over the means of production alone. The idea that one could possess symbolic capital in addition and set apart from financial capital played a critical role in Bourdieu's analysis of hierarchies of power.
Bourdieu proposes that those with a high volume of cultural capital – non-financial social assets, such as education, which promote social mobility beyond economic means – are most likely to be able to determine what constitutes taste within society. Those with lower volumes of overall capital accept this taste, and the distinction of high ...
In social science, economic capital is distinguished in relation to other types of capital which may not necessarily reflect a monetary or exchange-value.These forms of capital include natural capital, cultural capital and social capital; the latter two represent a type of power or status that an individual can attain in a capitalist society via formal education or through social ties.
The position of each particular agent in the field is a result of interaction between the specific rules of the field, agent's habitus and agent's capital (social, economic and cultural). [5] Fields interact with each other, and are hierarchical : most are subordinate to the larger field of power and class relations.