Social Capital: The Currency Of The New Rich - Dan Koe
app.iki.ai
Social Capital: The Currency Of The New Rich - Dan Koe
Eichhorn responds to the sociologist Pierre Bourdieu's 1970s concept of "cultural capital": the fluency in forms of high culture that could bestow social status and help members of elite classes to identify one another.
Cultural capital is knowing that cashmere is a more aspirational fabric than cotton or that a Jackson Pollock painting is much
... See moreThe size of the effect is astounding. Cross-class friendships are a better predictor of upward mobility than school quality, job availability, community cohesion or family structure. If these results are true, then we have largely ignored a powerful way to help people realise the American dream.
David Brooks • Why rich friends are so important to success
Social capital is the productive potential of social networks to create value. It emerges from trust and the willingness to cooperate.