SOC355H1 Lecture Notes - Fungibility, Social Capital, Cultural Capital
Document Summary
Originally, the means of production and possibly money available buy the means of production. Capital is anything including the means of production that adds value to labour. For marx, it is production" the surplus value. Now, it is not only financial value but also meeting instrumental goals. Instrumental goals is something we wanna do. More broadly: things that add value to labour/make labour in pursuit of some goals more effective. Attributes of persons: education, experience, knowledge, skill, talent. Aspects of social structure (between centrality, can use 2 ties as advantage, stop information linkage etc) or resources accessible through social ties. 1. network closure" (connections between parents, friends, teachers) creates. 2. students with more network closure (dense network) are less likely to drop out than students with less network closure. Studying teen boys in high poverty and non-high-poverty neighborhoods to un- derstand neighborhood effects on teen pregnancy and dropping out of high school.
