SOC101Y1 Lecture Notes - Lecture 7: High Standard Manufacturing Company, Pirkei Avot, Cultural Capital

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17 Oct 2012
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Introducing capital: originally the means of production (money to buy the means of production) More broadly: things that ad value to market labor in pursuirt of some goal more effective. Popularized by marx- denotes the means of prduction. Human capital: attrbutes of person, education, experience, knowledge, skill, talent, Social capital: aspects of social structure or resources accessible through social ties - is no trust because trust is in the person themselves. Cultural capital: knowledge of culture or implicit understandings of the way things are done within a cultres. Network closure (connections between parents, friends, teachers) creates: obligation (and trusts that they will be met), sanctions (and norms provde us with questions like what should we be dooing), info channels (everyone knows whats going on about you), Students with more network closure are less likely to drop out than students with less network closure.

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