Relation

Forms of Capital, Pierre Bordieu

Pierre Bourdieu, a renowned French sociologist, attempts to explain the mechanics by which society produces and maintains the social order. He argues that the accumulation of Capital is the backbone by which society creates the rules that governs itself and sets constraints for the actions of individual agents within that society. To him, the social world is in essence is an economic game where agents invest limited time and social energy to accumulate Capital by which they can produce outcomes (services, good, profit, etc.) and rise in status. Society is view as a field where agents play the game of Capital accumulation with the goal of ascending to the elite class, a class who has a vested interest in excluding potential new members, and a desire to reproduce the conditions that keeps them in that place of status. To flesh out the idea of Capital accumulation, Bourdieu, challenges the traditional notions of economics at the time which understood Capital in strictly monetary terms. He introduces two other forms of Capital that more adequately account for the structure and functioning of the social and economic worlds: Cultural, and Social. Agents exchange and convert these types of Capital into one another to pursue their own self-interest, and Bourdieu concludes with how these forms of Capital are converted.

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Updated 2021-01-05

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Sociology

Social Science

Empirical Science

Science