Sexual capital or erotic capital is the social power an individual or group accrues as a result of their sexual attractiveness and social charm. It enables social mobility independent of class origin because sexual capital is convertible, and may be useful in acquiring other forms of capital, including social capital and economic capital.
Origins
The term erotic capital was first used by British sociologist Catherine Hakim in the early 2000s. Hakim defined it as separate from and building upon French sociologist Pierre Bourdieu's concepts of economic, cultural, and social capital. She says erotic capital is independent of class origin and enables social mobility, and argues that this makes erotic capital socially subversive, which results in the prevailing power structures devaluing and trying to suppress it. In the manosphere, the parallel term sexual market value or its abbreviation SMV is often used.
Definition
Economic One economic-related definition is based on the human truth capital theory of Gary Becker, and predicts that people invest rationally in exhibiting their sex appeal when they can expect a return on their investments. He defines this as a form of health capital, which is itself a form of individual capital. Another definition comes from Capital Portfolio Theory, in which Green argues that sexual capital is part of an individual's overall capital portfolio. An individual can transfer their sexual capital to other forms of capital within Capital Portfolio Theory. From an economic perspective, having high sexual capital is advantageous, since it can help an individual in multiple aspects of their lives. For example, multiple studies have shown that increased physical attractiveness is correlated with higher incomes after eliminating other factors.
Sociology The sociological definition is based on Bourdieu's idea of fields. This definition builds on Bourdieu's concept of capital. Green defines sexual capital as accruing to an individual or group due to the quality and quantity of attributes that he or she possesses which elicit an erotic response in another, including physical appearance, affect and sociocultural styles. Some of these attributes may be immutable, such as an individual's race or height, while others may be acquired through fitness training, or artificially, through plastic surgery or a makeover, etc. There is no single hegemonic form of erotic (sexual) capital. On the contrary, currencies of capital are quite variable, acquiring a hegemonic status in relation to the erotic preferences of highly specialized social groups that distinguish one sexual field from another. Importantly, this means that erotic capital is best conceived as a property of the field, and not an individual form of capital. A second definition is developed by Hakim, treating erotic capital as the fourth personal asset. This definition is a multifaceted combination of physical and social attractiveness that goes well beyond sexual attractiveness that is the focus of the 'fields' perspective. Unlike Green's conception of sexual capital, Hakim's erotic capital is an individual capital with no necessary referent to a field. Extensive supporting evidence for the concept of sexual capital, defined as beauty, physical attractiveness, and good looks, is provided in Daniel Hamermesh's book, Beauty Pays, where he reviews the research evidence on the economic benefits of being attractive in all contexts, including higher education teaching, politics, sales and marketing, and everyday social interaction. Hamermesh assumes these economic benefits must be due to unfair discrimination, a position he takes from Deborah Rhode's book, Beauty Bias, a feminist lawyer's critique of the social benefits that accrue to attractive people, and the disadvantages experienced by unattractive people, most particularly the obese.
SMV The term SMV, which stands for sexual market value primarily derives and is used in the manosphere, whereby the term was originally coined on PUA (pick-up artist) forums, whereby it migrated to the incelosphere and then the broader manosphere. In the incelosphere, one's sexual market value can be ranked based on one of two scales: either the decile scale which ranks a person, usually a man, on a scale from one to ten, or the PSL scale which is ranked from one to eight. A person ranked as an eight or ten in these scales are dubbed as a Chad or variations thereof, whereas a person ranked in the bottom half of this scale is labelled a sub-5, and a person at the bottom an incel. Raters on these online manosphere or incelosphere platforms utilize the LMS (looks money status) framework, whereby they evaluate the SMV of their subjects by synthesizing each of the three metrics into a single overall rating.
Importance
Catherine Hakim argues that erotic capital matters beyond the sexual field, and beyond private relationships. Her research suggests that erotic capital is important in the fields of media, politics, advertising, sports, the arts, and in everyday social interaction, and consists of six elements:
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