This isn't the worst thing I've ever seen, but it still misses the point that, when a Marxist talks about class, it is entirely around their relationship to the means of production, and folks, you either own it or you don't.
Social capital is an interesting concept and useful for understanding modes of social reproduction, but it does not, on it's own, constitute enough difference to create a wholely different class within a rational conception of an efficient economic framework of society. The whole crux of a Marxist argument (though I would hesitate to say Marx himself argued this exactly) is that capitalism, over time, erodes and vulgarizes all social capital, which is why there are only two classes that are the drivers of history.
This isn't the worst thing I've ever seen, but it still misses the point that, when a Marxist talks about class, it is entirely around their relationship to the means of production, and folks, you either own it or you don't.
Social capital is an interesting concept and useful for understanding modes of social reproduction, but it does not, on it's own, constitute enough difference to create a wholely different class within a rational conception of an efficient economic framework of society. The whole crux of a Marxist argument (though I would hesitate to say Marx himself argued this exactly) is that capitalism, over time, erodes and vulgarizes all social capital, which is why there are only two classes that are the drivers of history.