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Related Experiment Videos

Capitals, assets, and resources: some critical issues.

Mike Savage1, Alan Warde, Fiona Devine

  • 1ESRC Centre for Research on Socio-Cultural Change, University of Manchester. msrssms@fs1.ec.man.ac.uk

The British Journal of Sociology
|March 22, 2005
PubMed
Summary

This study examines Pierre Bourdieu's capital theory for understanding contemporary class dynamics. It proposes that capital's distinctiveness lies in its accumulation and conversion potential, offering a new framework for assets, capitals, and resources (CARs).

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Area of Science:

  • Sociology
  • Social Stratification
  • Economic Sociology

Background:

  • Contemporary class analysis moves beyond occupation-based categorization.
  • Understanding the mechanisms producing class inequalities is a key focus.
  • Existing concepts like assets, capitals, and resources (CARs) have ambiguities.

Purpose of the Study:

  • To explore Bourdieu's capital theory for analyzing class dynamics in modern capitalism.
  • To critically evaluate game theoretical Marxism and rational choice approaches to CARs.
  • To propose an enriched understanding of CARs using Bourdieu's framework.

Main Methods:

  • Critical analysis of existing class analysis frameworks.
  • Examination of Pierre Bourdieu's concepts of capital, habitus, and field.

Related Experiment Videos

  • Comparative assessment of different theoretical approaches to class inequality.

    • Main Results:

    • Identifies weaknesses in game theoretical Marxism and rational choice approaches to CARs.
    • Suggests Bourdieu's framework, particularly capital's accumulation and conversion, offers a more robust understanding.
    • Highlights the potential of Bourdieu's concepts to enrich CARs-based approaches.

    Conclusions:

    • Bourdieu's approach to capital provides valuable insights into contemporary class dynamics.
    • Capital's distinctiveness is best understood through its potential for accumulation and conversion.
    • This perspective offers a way to overcome limitations in current CARs-based class analysis.