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GY207 Economy, Society and Place - Assessment

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Summative essay for the LSE undergraduate GY207 Economy, Society and Place course. First class grade achieved.

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  • September 25, 2023
  • 11
  • 2019/2020
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1. Using Bourdieu’s theory of fields explain how a person’s decision to live in a particular place

might be understood as being more than simply a straightforward economic decision.

Introduction

‘Whereas your occupation used to define your social class, now it is your residential location.’

(Savage, n.d., p. 1) If where you live is a marker of social position, it is critical to understand the

considerations embedded in the decision-making process of the residents choosing to live in a

particular place. This is because the social significance of a location is reflective of the capital

embodied by the social groups that inhabit a location. This essay first gives an account of

Bourdieu’s field theory as it offers an alternative to traditional class theory, allowing us to utilise

economic, cultural and social capital as markers of class difference. Secondly, it will be

demonstrated that both economic and cultural capital influence a person’s decision to live in a

particular place through a case study of people moving into SoHo, New York throughout the

1960s-1980s. Lastly, using Swartz’s (1997) framework, the field of housing in SoHo will be

mapped onto the field of power which is the principal stratifying force that can be applied to

social space in general. The mapping forms the clearest exposition of how class can be defined

by residential location.



Bourdieu’s Field Theory

While the word ‘field’ conjures an image of a physical piece of land, a Bourdieusian field is not

something physical, but rather a metaphor for a space (Swartz, 1997, p. 117) in which

individuals are positioned hierarchically in relation to one another in a constant struggle for

position and advantage. Despite a field not being a physical place, field analysis can be applied

to analyse a physical place so long as a set of forces and interests exist. Residential locations

, carry social signifiers and mark out the habitat of specific social groups (Savage, Bagnall &

Longhurst, 2005, p. 207). Hence as Bourdieu (2005) has done in The Social Structures of the

Economy, housing can be construed as a field where capital and habitus is deployed. Capital

defines one’s position in the field but also enables people to compete for more capital.

Bourdieu’s notion of capital extends beyond that of economic capital to social and cultural

capital. Social capital refers to one’s network and relationships. Cultural capital can be embodied

through one’s thoughts and actions (habitus being a specific way of explaining embodied cultural

capital), objectified in cultural goods like houses, or institutionalised through qualifications. In

analysing a person’s decision to live in a particular location, we must define the broadest range

of factors that shape behaviour rather than limit ourselves to economic factors, as economic

decisions only acquire meaning in relation to other considerations such as culture (Bourdieu &

Wacquant, 1992, p. 98).

The Lofts of SoHo 1960-1980

Undeniably the first group of artists moving into SoHo in the 1960s made an economic decision

to move into the area. SoHo refers to the area South of Houston street in Lower Manhattan, New

York City. At that time, most buildings were occupied by garment manufacturers, machine shops

and warehouses. Being an industrial area, it had relatively low rents compared to Greenwich

Village to the Northwest of Soho. A typical 2100 square feet loft in SoHo cost $50 to $125 per

month. This is compared to the average 610 square feet apartment in New York which cost $78

(Chao, E., & Utgoff, 2006; Shkuda, 2016, p. 49). The artists moving into SoHo had an

abundance of cultural capital being young and college educated, but were not successful at their

craft to support themselves financially. The artists in Lower Manhattan only had 63% of the

overall median income for artists in New York, which was $5200 (Winslow, 1964, p. 23-33).

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