Bourdieu, Social, And Cultural Capital Essay

718 Words May 9th, 2016 3 Pages
Bourdieu (1986) states that each career field appreciates specific sorts of capital. A career capital is defined by different supporting modes that an individual acquires and is able to utilize to pursue success in their career. In order to obtain a career capital, the individual needs to go through a process of screening the capitals within the field of interest, and investing these capitals into work-related activities (Iellatchitch, Wolfgang, & Meyer, 2003). To this regard Bourdieu (1986) describes three generic capitals: economic, social, and cultural capital. Additionally, Bourdieu includes symbolic capital as a forth sort of capital. This capital addressed the perception and recognition in a social context that enforces legitimization.
From the generic capitals, the economic capital is characterized by being the most efficient from all three, given the fact that it can be converted to money from generation to generation. It also has as a characteristic that it can be converted into symbolic, social, or cultural capital easier than vice versa (Postone, LiPuma, & Calhoun, 1993). The economic capital is interesting in terms of the research question, since it will help to discover if having it increases Latin American social entrepreneurs’ likelihood to succeed.
Social capital refers to resources that individuals have, based on their social class and connections. This capital is legitimized by being a member of a certain family or group, which possesses high status in…

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