Although these terms might be thought to be a bit loose by Marxian terminology, their merit is that they draw attention to sources of productive wealth other than finance capital. They therefore pose in lay terms the question of the social wider social framework in which finance capital operates. Also the question of how if finance capital is ultimately based on private ownership despite its highly socialised form, is it to be held socially accountable.
The term social capital seemed to me in the exchanges a year ago to be quite compatible with the essence of Marxian formulations, and useful in discussing the social effects of capitalism, despite the strictures of Ben Fine, whom I respect. This list for example is an extremely rich source of social, intellectual and cultural capital. Chris Burford ----- Original Message ----- From: "Michael Perelman" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Tuesday, March 23, 2004 3:45 AM Subject: [PEN-L] human capital again > 112-3: They refer to "a plethora of capitals" -- human capital, > cultural capital, and even self-command capital.. > Baron, James N. and Michael T. Hannan. 1994. "The Impact of > Economics on Contemporary Sociology." Journal of Economic > Literature, 32: 3 (September): pp. 111-46. > > -- > Michael Perelman > Economics Department > California State University > Chico, CA 95929 > > Tel. 530-898-5321 > E-Mail michael at ecst.csuchico.edu >
