Social capital in the context of "Bourgeoisie"

⭐ In the context of the bourgeoisie, social capital is considered a key component alongside what other forms of capital?

Ad spacer

⭐ Core Definition: Social capital

Social capital is a concept used in sociology and economics to define networks of relationships which are productive towards advancing the goals of individuals and groups.It involves the effective functioning of social groups through interpersonal relationships, a shared sense of identity, a shared understanding, shared norms, shared values, trust, cooperation, and reciprocity. Some have described it as a form of capital that produces public goods for a common purpose, although this does not align with how it has been measured.

Social capital has been used to explain the improved performance of diverse groups, the growth of entrepreneurial firms, superior managerial performance, enhanced supply chain relations, the value derived from strategic alliances, and the evolution of communities.

↓ Menu

>>>PUT SHARE BUTTONS HERE<<<

👉 Social capital in the context of Bourgeoisie

The bourgeoisie are a class of business owners, merchants and wealthy people, in general, which emerged in the Late Middle Ages, originally as a "middle class" between the peasantry and aristocracy. They are traditionally contrasted with the proletariat by their wealth, political power, and education, as well as their access to and control of cultural, social, and financial capital.

The bourgeoisie in its original sense is intimately linked to the political ideology of liberalism and its existence within cities, recognised as such by their urban charters (e.g., municipal charters, town privileges, German town law), so there was no bourgeoisie apart from the citizenry of the cities. Rural peasants came under a different legal system.

↓ Explore More Topics
In this Dossier

Social capital in the context of Sociology

Sociology is the scientific study of human society that focuses on society, human social behavior, patterns of social relationships, social interaction, and aspects of culture associated with everyday life. The term sociology was coined in the late 18th century to describe the scientific study of society. Regarded as a part of both the social sciences and humanities, sociology uses various methods of empirical investigation and critical analysis to develop a body of knowledge about social order and social change. Sociological subject matter ranges from micro-level analyses of individual interaction and agency to macro-level analyses of social systems and social structure. Applied sociological research may be applied directly to social policy and welfare, whereas theoretical approaches may focus on the understanding of social processes and phenomenological method.

Traditional focuses of sociology include social stratification, social class, social mobility, religion, secularization, law, sexuality, gender, and deviance. Recent studies have added socio-technical aspects of the digital divide as a new focus. Digital sociology examines the impact of digital technologies on social behavior and institutions, encompassing professional, analytical, critical, and public dimensions. The internet has reshaped social networks and power relations, illustrating the growing importance of digital sociology. As all spheres of human activity are affected by the interplay between social structure and individual agency, sociology has gradually expanded its focus to other subjects and institutions, such as health and the institution of medicine; economy; military; punishment and systems of control; the Internet; sociology of education; social capital; and the role of social activity in the development of scientific knowledge.

↑ Return to Menu

Social capital in the context of Ethnic enclave

In sociology, an ethnic enclave is a geographic area with high ethnic concentration, characteristic cultural identity, and economic activity. The term is usually used to refer to either a residential area or a workspace with a high concentration of ethnic firms. Their success and growth depends on self-sufficiency, and is coupled with economic prosperity.

Douglas Massey describes how migrant networks provide new immigrants with social capital that can be transferred to other tangible forms. As immigrants tend to cluster in close geographic spaces, they develop migrant networks—systems of interpersonal relations through which participants can exchange valuable resources and knowledge. Immigrants can capitalize on social interactions by transforming information into tangible resources, and thereby lower costs of migration. Information exchanged may include knowledge of employment opportunities, affordable housing, government assistance programs and helpful NGOs. By stimulating social connections, enclaves can generate intangible resources that help to promote the social and economic development of its members.

↑ Return to Menu

Social capital in the context of Cultural capital

In the field of sociology, cultural capital comprises the social assets of a person (education, intellect, style of speech, style of dress, social capital, etc.) that promote social mobility in a stratified society. Cultural capital functions as a social relation within an economy of practices (i.e. system of exchange), and includes the accumulated cultural knowledge that confers social status and power; thus cultural capital comprises the material and symbolic goods, without distinction, that society considers rare and worth seeking. There are three types of cultural capital: (i) embodied capital, (ii) objectified capital, and (iii) institutionalised capital.

Pierre Bourdieu and Jean-Claude Passeron coined and defined the term cultural capital in the essay "Cultural Reproduction and Social Reproduction" (1977). Bourdieu then developed the concept in the essay "The Forms of Capital" (1985) and in the book The State Nobility: Élite Schools in the Field of Power (1996) to explain that the education (knowledge and intellectual skills) of a person provides social mobility in achieving a higher social status in society.

↑ Return to Menu

Social capital in the context of Diffusion of innovations

Diffusion of innovations is a theory that seeks to explain how, why, and at what rate new ideas and technology spread. The theory was popularized by Everett Rogers in his book Diffusion of Innovations, first published in 1962. Rogers argues that diffusion is the process by which an innovation is communicated through certain channels over time among the participants in a social system. The origins of the diffusion of innovations theory are varied and span multiple disciplines.

Rogers proposes that five main elements influence the spread of a new idea: the innovation itself, adopters, communication channels, time, and a social system. This process relies heavily on social capital. The innovation must be widely adopted in order to self-sustain. Within the rate of adoption, there is a point at which an innovation reaches critical mass. In 1989, management consultants working at the consulting firm Regis McKenna, Inc. theorized that this point lies at the boundary between the early adopters and the early majority. This gap between niche appeal and mass (self-sustained) adoption was originally labeled "the marketing chasm".

↑ Return to Menu