Definitions by Vika Brovarska

Vika Brovarska, A-13

Sociology

Sentence definition

Capital [капітал] – accumulative resources or work, which is included in processes of reproduction and growing up the cost by conversion of his different forms.[1]

Extended definition

Capital – accumulative resources or work, which is included in processes of reproduction and growing up the cost by conversion of his different forms.

Capital could have not only materialized, but incorporated forms. It means that capital could be realized in separate peoples and between people’s relations. Capital has three states according to subject:

· embodied state – whole steady reproductive dispositions and demonstrated abilities, which the proprietor has;

· objectified state – adoption by capital materialized, visible forms;

· institutionalized state – objectivated forms the recognition of capital as a resource. It could be formalized in rights of property, certifications, ranks, etc.

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[1] Радаев Вадим Валерьевич. ПОНЯТИЕ КАПИТАЛА, ФОРМЫ КАПИТАЛОВ И ИХ КОНВЕРТАЦИЯ. Экономическая социология. Т. 3, № 4, 2002. С. 20-32.