Human capital vs Cultural capital in Economics - What is The Difference?

Last Updated Feb 14, 2025

Cultural capital encompasses the knowledge, skills, education, and other cultural assets that individuals acquire, which help them gain social mobility and influence. It shapes your opportunities by influencing how you navigate social environments and gain acceptance in different circles. Discover how cultural capital impacts your life and society in the rest of the article.

Table of Comparison

Aspect Cultural Capital Human Capital
Definition Non-financial social assets that promote social mobility, such as education, intellect, style of speech, dress, and physical appearance. Skills, knowledge, and experience possessed by an individual, contributing to economic value and productivity.
Origin Coined by sociologist Pierre Bourdieu in 1986. Rooted in economic theory; formalized by economists like Gary Becker in the 1960s.
Forms Embodied (dispositions), objectified (cultural goods), institutionalized (qualifications). Education, training, health, professional experience.
Economic Impact Influences social mobility and economic opportunities indirectly through social networks and norms. Directly enhances productivity, earnings potential, and economic growth.
Measurement Qualitative indicators like social status, cultural knowledge, and practices. Quantitative metrics like years of education, certifications, and job performance.
Examples Language proficiency, cultural awareness, manners, inherited social norms. Technical skills, formal education, health status, work experience.
Role in Economics Shapes economic behavior via social structures and cultural influence. Direct factor in human productivity and economic development models.

Defining Cultural Capital

Cultural capital refers to the non-economic assets that enable social mobility, including education, intellect, style of speech, dress, and physical appearance. It encompasses the knowledge, skills, habits, and cultural competencies inherited or acquired from one's family and social environment, influencing individual success and social status. Unlike human capital, which centers on economic value through skills and education, cultural capital shapes social interactions and access to resources within society.

Understanding Human Capital

Human capital refers to the skills, knowledge, and experience possessed by individuals that contribute to their economic productivity. It encompasses education, training, health, and abilities that enhance job performance and innovation capacity. Understanding human capital is essential for investment in workforce development and economic growth strategies.

Historical Perspectives on Capital Theories

Historical perspectives on capital theories distinguish cultural capital, introduced by Pierre Bourdieu, as the accumulation of knowledge, skills, education, and cultural assets that enable social mobility within a specific cultural context. In contrast, human capital theory, developed by economists like Gary Becker in the mid-20th century, focuses on the economic value of individual skills, education, and health that enhance productivity and earning potential. Both frameworks emphasize investment in non-material assets but diverge in their impact scope, with cultural capital relating to social stratification and human capital centering on economic growth.

Key Components of Cultural Capital

Key components of cultural capital include embodied, objectified, and institutionalized forms, representing the internalization of cultural knowledge and skills, physical cultural goods, and formal recognition such as educational credentials. Embodied cultural capital encompasses language proficiency, manners, and cultural awareness acquired through socialization, shaping individual behaviors and social interactions. Objectified cultural capital includes material artifacts like books, artwork, and technology, while institutionalized cultural capital refers to sanctioned qualifications that validate an individual's cultural competence within society.

Key Elements of Human Capital

Human capital encompasses skills, knowledge, and experience possessed by individuals, which directly impact productivity and economic value. Key elements include education, training, health, and social skills that enhance an individual's ability to perform tasks effectively. Unlike cultural capital, which involves cultural knowledge and social assets, human capital prioritizes measurable competencies and workforce capabilities vital for economic growth.

Differences Between Cultural and Human Capital

Cultural capital refers to non-economic social assets such as education, intellect, style of speech, dress, or physical appearance that promote social mobility, while human capital denotes the skills, knowledge, and experience possessed by an individual that increase their economic value. Cultural capital is often inherited or acquired through family and social environments, influencing societal status and cultural competence, whereas human capital is primarily developed through formal education and professional training aimed at enhancing productivity and employability. The main difference lies in cultural capital's role in social stratification and identity formation, contrasted with human capital's direct impact on economic outcomes and labor market success.

The Interplay of Cultural and Human Capital

The interplay of cultural and human capital significantly influences individual success and social mobility by combining acquired skills with cultural knowledge and behaviors learned from family and society. Cultural capital enhances human capital by providing access to networks, social norms, and cultural competencies that can improve educational and professional outcomes. Understanding this relationship reveals how both forms of capital reinforce each other, shaping opportunities and inequalities within social structures.

Impact on Social Mobility

Cultural capital, including education, social skills, and cultural knowledge, shapes individuals' social mobility by influencing access to prestigious networks and opportunities. Human capital, comprised of skills, experience, and knowledge, directly affects employability and income potential, serving as a key driver for upward mobility. The interplay between cultural and human capital determines the extent to which individuals can overcome social barriers and achieve economic advancement.

Influence on Economic Success

Cultural capital, comprising education, skills, and social etiquette, directly shapes individuals' access to economic opportunities and social networks, enhancing their market value. Human capital, including knowledge, experience, and labor productivity, drives innovation and increases workforce efficiency, leading to higher income and economic growth. Both forms of capital interplay to determine economic success by influencing employability, income levels, and social mobility.

Policy Implications for Development

Policy implications for development highlight the need to balance investment in both cultural capital, which encompasses shared values, traditions, and social norms that influence collective identity and community cohesion, and human capital, defined by education, skills, and health that drive individual productivity and economic growth. Effective development strategies incorporate cultural capital to foster social trust and inclusive governance while simultaneously enhancing human capital through targeted education reforms, vocational training, and healthcare improvements. Governments and development agencies must design policies that recognize the synergistic role of cultural and human capital in promoting sustainable economic development and social resilience.

Cultural capital Infographic

Human capital vs Cultural capital in Economics - What is The Difference?


About the author. JK Torgesen is a seasoned author renowned for distilling complex and trending concepts into clear, accessible language for readers of all backgrounds. With years of experience as a writer and educator, Torgesen has developed a reputation for making challenging topics understandable and engaging.

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