Algorithmic meta-capital

Algorithms make highly consequential decisions and, thereby, exercise considerable power. In this study I investigate how social power through algorithms is exercised in media consumption, particularly through curation algorithms. This conceptual paper then contributes to the understanding of social power through algorithms by suggesting the concept of algorithmic meta-capital. The concept derives from Bourdieu’s theory on meta-capital which has also been applied to legacy media. I then argue that this algorithmic meta-capital is an extension of the power traditionally held by the state and legacy media. The study also contributes to the understanding of meta-capital as it proposes how the meta-capital possessed by digital intermediaries functions. It does so by legitimating representations of the world and by creating a necessity for algorithmic visibility across different fields, thereby shaping habitus. This Bourdieusian approach enables researchers to take a balanced view on the power of algorithms on the structure/agency continuum.