- economic, cultural, symbolic and social capital are intertwined 
- "the currency of one kind of capital is frequently convertible into the currency of another"

Types of capital 

- ”deriving from the actor’s location within networks of social power” 
- ex. in the presidential elections from 1988-2008, most of the Democratic/Republican candidates went to Harvard and/or Yale-using family connections to get into Harvard/Yale which ultimately propelled them to a position of great power 

University of Michigan - Ann Arbor

- cultural capital= "knowledge, skills and even aesthetic tastes"
- passed on and reproduced through generations 
- people who are born with cultural capital (ex. access to resources and elite schools/universities) use it further their own advantage
- accumulation of cultural capital can. be positive when it benefits greater society (ex. scientific discoveries)


Cultural capital (and the matthew effect)

Rigney, D. (2010). Matthew Effects in Education and Culture. The Matthew effect: How advantage begets further advantage. Columbia University Press.

- ”social honor or prestige, which in our times often takes the form of celebrity”
- the famous become more famous through being featured in more projects/media
-In an experiment, songs who were chosen favorably by earlier participants were chosen more frequently by the later people-illustrates. the power of cumulative advantage

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