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Social physics or sociophysics is a field of science which uses mathematical tools inspired by physics to understand the behavior of human crowds. In a modern commercial use, it can also refer to the analysis of social phenomena with big data. Social physics is closely related to econophysics, which uses physics methods to describe economics. [1]
Along with theories forwarded by Veblen and Mauss, symbolic capital is an extension of Max Weber's analysis of status. Bourdieu argues that symbolic capital gains value at the cross-section of class and status, where one must not only possess but be able to appropriate objects with a perceived or concrete sense of value.
Science capital is a conceptual tool developed by Professor Louise Archer and colleagues at King's College London. [1] It uses the theoretical frameworks created by French sociologist Pierre Bourdieu to summarise an individual’s science-related habitus and capital.
Capital accumulation is the dynamic that motivates the pursuit of profit, involving the investment of money or any financial asset with the goal of increasing the initial monetary value of said asset as a financial return whether in the form of profit, rent, interest, royalties or capital gains.
Capital gain is an economic concept defined as the profit earned on the sale of an asset which has increased in value over the holding period. An asset may include tangible property, a car, a business, or intangible property such as shares. A capital gain is only possible when the selling price of the asset is greater than the original purchase ...
By their definition, then, "critical mass" is the small segment of a societal system that does the work or action required to achieve the common good. The "Production Function" is the correlation between resources, or what individuals give in an effort to achieve public good, and the achievement of that good.
the only objective definition of productive labour is in terms of what is as a matter of fact productive within the conditions of a given mode of production. from the point of view of the capitalist class, labour is productive, if it increases the value of (private) capital or results in (private) capital accumulation.
It was Henryk Grossman [20] in 1929 who later most successfully [21] rescued Marx's theoretical presentation ... 'he was the first Marxist to systematically explore the tendency for the organic composition of capital to rise and hence for the rate of profit to fall as a fundamental feature of Marx's explanation of economic crises in Capital ...