Baghdadi Jews in Hong Kong: converting cultural,social and economic capital among three transregional networks

This article is an analysis of the attempts of Baghdadi Jewish traders in Hong Kong in the second half of the nineteenth century to construct and convert cultural, social and economic capital within and between the transregional networks of the Baghdadi diaspora, the Jewish diaspora and the British colonial elite. The analysis of the multiple and multi‐directional intersections between the cultural, social and economic characteristics of the three networks shows that Baghdadi social capital accounted for significant ruptures and disjunctures between the increasing cosmopolitanization, deterritorialization and hybridization of the Baghdadi traders' cultural identities and the definition of Baghdadi cultural capital. An understanding of the role of Baghdadi social capital in accounting for the construction and convertibility of cultural, social and economic capital among these three transregional networks helps to explain the reproduction of social inequalities under increasing conditions of globalization, that is, under conditions that potentially augmented the number of sources defining cultural capital.