Practice Theory
French sociologist, Pierre Bourdieu challenges the same duality of phenomenology (subjective) and structuralism (objective) through his Theory of Practice. This idea precisely challenges the reductive approach of economism that places symbolic interest in opposition to economic interests. Similarly, it also rejects subjected-centered view of the world. Bourdieu attempts to close this gap by developing the concept of symbolic capital, for instance, a prestige, as readily convertible back into economic capital and hence, is ‘the most valuable form of accumulation.’ Therefore, economic and symbolic both works together and should be studied as a general science of the economy of practices.
Read more about this topic: Systems Theory In Anthropology, Closed Systems
Famous quotes containing the words practice and/or theory:
“They never consulted with books, and know and can tell much less than they have done. The things which they practice are said not yet to be known.”
—Henry David Thoreau (1817–1862)
“The human species, according to the best theory I can form of it, is composed of two distinct races, the men who borrow and the men who lend.”
—Charles Lamb (1775–1834)