How do invisible assets shape your life chances?
Social stratification
How do invisible assets shape your life chances?
Imagine two kids, Sam and Alex, both want to attend college. Sam's family can afford extracurricular activities, tutors, and a college fund. Alex's family struggles financially. Who's more likely to get accepted?
Sam's extra-curricular activities and college fund are like hidden tools that help him climb the social ladder. These tools are called 'cultural capital'.
Example
Sam's college fund (a form of cultural capital) makes him stand out in college applications.
Remember this
Cultural capital can give you an edge in society, acting like invisible assets that boost your social mobility.
Text adapted from Wikipedia, licensed under CC BY-SA 4.0.
Related concepts
Adorno means by the 'culture industry'
Mass culture turns us into passive consumers
Michel Foucault
Foucault's theories link power, knowledge, and social control
Social identity theory
Social identity theory explains intergroup behavior
Gilles Deleuze
Deleuze's concept of 'the virtual' is central to his philosophy
Knowledge
Can you truly know something if luck plays a role in your belief?
Communicative rationality
Communicative rationality aims for mutual understanding, not domination
Swipe through 100 ML concepts daily
Open Pocket Polymath