Bourdieu piece focuses on capital. According to Bourdieu, capital is accumulated labor that is in material form and is embodied or internalized. Bourdieu also explains that capital is something that takes a very long time to accumulate. Another thing that we learn about capital is that it is socially constructed. Bourdieu also explains that capital can be converted. Conversion is when different types of capital are able to be converted into money; or, economic capital; but other types of capital cannot be reduced to it. He explains that there are three types of capital economic, cultural, and social. These three types of capitals are explained in detail as follows: economic capital is basically anything that has monetary value; anything that can be turned into money; property value falls under economic capital. Economic capital is the root of all other types of capital. Cultural capital and social capital’s root are economic capital. They both can be converted into economic capital; or, money. We know that this is true because the main purpose of everything we do is so that we may make profit and have more money than we did before. An example of this is the reason that we go to school. We go so that we may make more money than if we didn’t go to college. We buy a house in hopes of being able to sell it for more than what we bought it for. These two example are both also example of cultural and social capital.
Cultural capital can also be converted into economic capital. It is also institutionalized in the form of education. One way that cultural capital can be converted into economic capital through education is by holding a degree. Usually if you have a degree of some sort it will help by getting one a better; higher paying job than someone without a degree. Education is the easiest way to convert cultural capital to economic capital; money. It is institutionalized because the colleges are institutions. They have different reputations and different ranking. We chose what college we will go to according to the rank that it falls in. one way that we can accumulate cultural capital s by holding more than one degree. For example, someone who has a Bachelor’s Degree and a Masters Degree has more cultural capital than someone who only hold and associate’s degree or than someone who only holds a bachelor’s degree.
Social capital is kind of like networking. In some cases social capital may be converted into economic capital. Social capital is also institutionalized in the form of title of nobility. Social capital is split into two networks. The first network is people that you actually know and the second category is potential resources; for example, a potential resource would be a friend of someone that you actually know. They are a potential resource because perhaps your actual resource could set up a meeting between the potential resources which is their actual resource. Our social capital is measured by the size of our network. One way that social capital is institutionalized is by titles. One example of a title would be a title of relationship; like marriage. This is also a way that one’s social capital can accumulate and grow. This is possible because marriage allows for an immediate expansion of one’s network.
Cultural capital can also be converted into economic capital. It is also institutionalized in the form of education. One way that cultural capital can be converted into economic capital through education is by holding a degree. Usually if you have a degree of some sort it will help by getting one a better; higher paying job than someone without a degree. Education is the easiest way to convert cultural capital to economic capital; money. It is institutionalized because the colleges are institutions. They have different reputations and different ranking. We chose what college we will go to according to the rank that it falls in. one way that we can accumulate cultural capital s by holding more than one degree. For example, someone who has a Bachelor’s Degree and a Masters Degree has more cultural capital than someone who only hold and associate’s degree or than someone who only holds a bachelor’s degree.
Social capital is kind of like networking. In some cases social capital may be converted into economic capital. Social capital is also institutionalized in the form of title of nobility. Social capital is split into two networks. The first network is people that you actually know and the second category is potential resources; for example, a potential resource would be a friend of someone that you actually know. They are a potential resource because perhaps your actual resource could set up a meeting between the potential resources which is their actual resource. Our social capital is measured by the size of our network. One way that social capital is institutionalized is by titles. One example of a title would be a title of relationship; like marriage. This is also a way that one’s social capital can accumulate and grow. This is possible because marriage allows for an immediate expansion of one’s network.