Anthro 205 1st Edition Lecture 5 Outline of Last Lecture I II Envisioning Power a What is power b Levels of power Modalities of Power c Observation Difference Between Tactile and structural power Readings a Karen Ho Liquidated b Eric Wolf Introduction to Envisioning Power Outline of Current Lecture I Karen Ho a Introduction Key points b New form of capitalism c Why Study This II Graeber a Basics of Neoliberalism ideology b Bordieu s Concept of Habitus III Graeber and Ho a Wall Street s Habitus Current Lecture Karen Ho Vs Graeber Karen Ho Liquidated Key Points These notes represent a detailed interpretation of the professor s lecture GradeBuddy is best used as a supplement to your own notes not as a substitute How she got interested in Wall street 1995 announcement of the split of AT T Loss of 100 000 00 Stock of Wall Street investment increased Ho is interested in how corporate jobs are linked to job loss new form of capitalism Why Study this These practices generate inequality She is looking at practice How the system is actualized Graeber s Basics of Neoliberal Ideology Minimal governmental interference in economy is the ideal Trade barriers and national protectionist policies should be reduced or eliminated Social policies should be eliminated Fear of economics is not isolated from other fears it is human sized Concept of the Wall What are the building blocks of the BIG companies How are they built up Key Ideas that Ho focuses on specific to the neoliberalism subject are o o o Schools Meritocracy Status related to education school Bourdieu s Concept of Habitus It refers to the physical embodiment of cultural capital to the deeply ingrained habits skills and dispositions that we possess due to our life experiences Social Theory Rewired It s not habit It s something socially acquired in a particular group for example that can be learned through imitation and everyday use This is a very ambiguous term It cannot be learned as a skill you must live it to understand it IT extends to our taste of cultural objects Social Theory Rewired Graeber and Ho Wall Street s Habitus Bourdieu believes that there is room to grow Ho believes this is useful towards Wall Street because it is referent to their culture o o How does Habitus empower people in Wall Street They believe that There is a lack of racism gender discrimination and discrimination in general because they need efficiency but socialization is a very important context in being part of such an elite group Many times women don t socialize the same way men do Spatial Segregation maps onto class gender and race Pitch books need to be perfect The point They aren t producing anything They can t go any further up the class scale Works Cited Social Theory Rewired Habitus Habitus Routledge Member of the Taylor Francis Group n d Web 13 Feb 2015