This blog has in the past discussed two forms of capital. Financial Capital represents whatever wealth you have in your personal balance sheet and represents what most of us are comfortable with. Human capital is the net present value of our unearned income. We are less familiar with this concept because it corresponds to what professions we have chosen and it can also increase in value with more investment into lifelong learning.
While financial and human capital are two sides of the same coin. Cultural capital comes from a different coin entirely. The idea of cultural capital came from a sociologist called as Pierre Bourdieu. Bourdieu defines cultural capital as one that is derived from skills, tastes, posture, clothing, mannerisms, material belongings and credentials. For example, fans of high-end audio can use their financial capital to get the latest and greatest audio devices from Adelphi plaza, but it take cultural ......