2 - Basic_Concepts2_Jan_15

2 - Basic_Concepts2_Jan_15 - Basic Concepts GEOG 40 Forms...

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Basic Concepts Basic Concepts GEOG 40
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Forms of Capital Forms of Capital Economic Capital Cultural Capital Social Capital
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Forms of Capital Forms of Capital The form capital takes is dependent on position of actors in the social field. Economic Capital: - monetary income as well as other financial resources and assets. - most liquid, i.e. most readily and easily convertible form for transformation into social and cultural capital
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Forms of Capital Forms of Capital Cultural Capital: - Involves long-lasting dispositions and habits acquired in the socialization process, the accumulation of valued cultural objects (e.g. paintings) - exist in three forms: the institutionalized state , embodied state , and objectified state
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Forms of Capital Forms of Capital Cultural Capital - The institutionalized state : i. a form of objectification – educational qualification. ii. By implication, it is possible to establish conversion rates between cultural capital and economic capital by guaranteeing the monetary value of a given academic capital.
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2 - Basic_Concepts2_Jan_15 - Basic Concepts GEOG 40 Forms...

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