Cultural Capital
All states of cultural capital are interrelated, and directly proportional to the success of the individual within the globalised society;
'it makes it possible to establish conversion rates between cultural capital and economic capability, guaranteeing the monetary value of a given academic capital' [Bourdieu, 1986]
The direct conversion rates, from education to economic capibility allows the education system to be discriminate between those with more cultural capital and those with less, in a bid, just as in any business model to ensure success. This obviously creates inequalities within our education system, with those with less access to resources, this will be explored more in our business model.
'it makes it possible to establish conversion rates between cultural capital and economic capability, guaranteeing the monetary value of a given academic capital' [Bourdieu, 1986]
The direct conversion rates, from education to economic capibility allows the education system to be discriminate between those with more cultural capital and those with less, in a bid, just as in any business model to ensure success. This obviously creates inequalities within our education system, with those with less access to resources, this will be explored more in our business model.
Social Capital
Is described as the material and symbolic exchanges, which occur from networking circles. These networks and the social capital they provide are prediposed to to the size of the networks, encomposed in that old addage 'it's not what you know but who'. Bourdieu argues that these networks are derived from institutions such as school, that they may be 'garunteed by the application of a common name, class, tribe, or of school.....theyare more or less really enacted and so maintained and reinforced, in exchanges'[Bourdieu, 1986] The obvious problem that this creates is elitism, which in turn creates inequality, the more cultural capital you possess the more social capital you posses, thus again those with less are left out of these networks and cannot easily break into them to further better themselves, this can be directly applied to the school settings, with private, grammer and comprehensive schooling,