The Quest For Cultural Capital

Wall Street's banking business is very powerful. With this enormous power they can manage specific resources in society and the behavior of specific individuals (Bourdieu and Eagleton 1994, 270). "Smart culture", one of the key ideologies of Wall Street, represents the "symbolic power" of these banking companies (Ho 2009, 20, Bourdieu and Eagleton 1994, 266). It is not based on the individual's inherent ability and "natural ability", a concept of social construction that allows bank companies to define legitimate and valuable things (Bourdieu 1986, 243, Ho 2009, 40, Bourdieu and Eagleton 1994, 269).

In other words, popular culture does not require long-term training and apprentice training embodying cultural capital (because of lack of training Raymonds causes conflict), not investing in objective cultural capital Most important The thing is that it is clearly outside the benefits of institutionalized capital (greenhouse, master class). Expressions can be extended to include production and consumption. Definition II:

Financial capital means personal income and wealth. Financial capital influences the cultural capital people receive. Cultural capital is a common concept, belief, knowledge and skill that is inherited from generation to generation. Cultural capital influences human capital. In other words, people receive education and vocational training. Human capital creates the ability to acquire social capital. It is essentially the social network to which people belong. Social capital greatly influences opportunities, especially the ability to find employment opportunities.

Economic capital, cultural capital, human capital and social capital can achieve social mobility to varying degrees. Economic capital includes private financial resources and important resources such as income and wealth accumulation. Cultural capital ranges from obtaining a postgraduate degree to learning group customs and rituals. Both may be advantageous in the employment market and social exchanges. Human capital refers to personal characteristics such as the ability to improve educational and professional performance and professional ethics. Social capital includes the benefits of individual social networks, such as occupational opportunities and access to internal knowledge. These kinds of capital will promote liquidity by providing opportunities and tools to acquire wealth and status.