Should We Continue to Describe Culture as Capital?

An Austrian Approach

Originally published in Kultura Wspolczesna

The dominant model of exchange between economists and the other social sciences is export. Economists seldom learn or even try to learn from their compatriots. This paper considers if the exchange between cultural studies and capital theory has benefited either trading partner.

The dominant model of exchange between economists and our cousins in the other social sciences is export. We seldom learn or even try to learn from our compatriots. We peddle our analysis (of everything from the virtuous to the profane), our methods (too often borrowed from the natural sciences) and our concepts (think of notions like social capital, the economy of nature, etc.), assured that everyone else has much to learn from us. In some areas we do, indeed, have a lot to offer. This paper explores if the exchange between cultural studies and capital theory has benefited either trading partner. The belief that we can profitably think of culture as if it is capital, in my opinion, does not justice to either capital or culture.

Citation (Chicago Style): Storr, Virgil. "Should We Continue to Describe Culture as Capital? An Austrian Approach." Kultura Wspó?czesna 55, no. 1 (2008).

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