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Bourdieu's Capital Analysis

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Capital Another important concept in Bourdieu’s organizational analysis framework is capital. Capital refers to resources, material or immaterial, which can be used as tools to ascend in a person’s relative field. His notion of capital defers from the conventional notion of it only referring to financial resources. His idea of capital includes human, social, informational, cultural, technical, and cultural aspects. He believes capital has a relational nature. By using social capital within a social network, in combination with other forms of capital, one can attempt to achieve a certain positioning within a field. Financial capital, in the form of the division budget, is crucial for the smooth implementation of PREXC. According to Dir. Toledo, …show more content…

It is difficult for a small team like the Reforms Division to coordinate all national agencies in delivering outputs that contribute to the PREXC. In order to improve on its current implementations, I recommend the following actions. First, they should create a larger coordinated team in charge of everything PREXC. This should include the information technology professionals they will employ to convert the current budget data framework from OPIF to the PREXC system. They should require the IT professionals to automate the conversion of UACS codes from OPIF to PREXC because currently, they are being converted and encoded manually. They should hire new members, in order to support the current operations. Currently, the Reforms Division, especially Van and Robin, are having a difficult time following up all 183 implementing agencies, and dealing with all the data coming in, all of which they have to carefully read and …show more content…

Also relevant to PREXC’s implementation are the OSEC, USEC, RIU, and oversight agencies like NEDA and the Office of the President. Bourdieu’s notion of capital illustrated certain difficulties in efficient implementation of the PREXC. This includes difficulties in acquiring material capital due to the bureaucracy, lacking social capital with implementing agencies which submit deliverables, and the power struggle between the policy makers in the bureau level and the Department Secretary. The habitus of the young members of the Reforms Division helps explain the power structure within the field, in which the older, more experienced members have more possible position-takings. All in all, Bourdieu’s framework was able to reveal several issues within the field of PREXC system

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In this essay I will be analysing Bourdieu concepts of field, habitus, social capital, and cultural capital and apply it to three different sources. In order to form part of certain societies one has to achieve a certain status that is describe in this essay which looks at fashion and how Bourdieu ‘s theoretical concepts can be applied to either the London Fashion Week , the secret life of Haute Couture and I’Khothane. I will also be looking at how these things can be combined into each other, how they relate to each other and what are their differences. According to Bourdieu society is like fields.

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Bourdieu (1986) has a wide variety of capitals and he states that capitals come in three fundamental ways, as cultural, social and economic. (Bourdieu, 1986). Bourdieu’s best known concept is cultural capital and it exists in combination with the other forms of capital. “It cannot be understood in isolation from the other forms of capital, economic, symbolic and social capital that together constitute advantage and disadvantage in society”. (Bourdieu, 1985 cited in Reay, D., 2000 p.569).

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Tracing a parallel with Marx, Bourdieu (1984/2010: 102) affirms that the volume and composition of capital gives form and value to the determination of the other properties on practice. Families, thus, diverge in their adopted practices to maintain or increase their set of assets and position on the class structure. On this sense and complementing the Marxist contribution, the social trajectory of an individual’s capital accumulation also represents an important stratification factor, as a person might not follow his class-expected path according to his/her relation to the social world. Nonetheless, Bourdieu agrees on Marx’s position on how rigid stratification is, although taking a broader interpretation by assuming that “major moves between

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