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.
Other articles related to "practice theory, practice":
... Practice theory, as developed by social thinkers such as Pierre Bourdieu, Anthony Giddens and Michel de Certeau, and especially the notion of the community of ... of the speech community is not incompatible with the practice approach, but rather complimentary to it, and she suggests to study the two simultaneously as they mutually affect each other ... Eckert's perspective on the community of practice privileges the study of how social identity is produced, and as such it studies language primarily as it relates to questions ...
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