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Logic Of Practice Bourdieu

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In his Book “The Logic of Practice” Pierre Bourdieu states “gift exchange” structures practice in modern societies, as gratitude and the reciprocity of gift giving are vital in almost every society. In his theory on habitus, Bourdieu says the sociology of gift exchange, around the world, e.g. (whereby organizations and/or individuals exchange presents) is used to build solid partnerships and relationships to survive as well as accumulate capital in a competitive marketplace (p.105). Thus the gift exchange allows people to suffer a small loss in hopes of building stable and long-term relationships with another individual or organization (p 98-100). Bourdieu states “It is all a matter of style, which means in this case timing and choice of
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