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Two key themes in contemporary social theory are particularly relevant to the interpretation and critique of figurational sociology. On the one hand, some recent critiques of the sociological tradition — Touraine's attempt to deconstruct the received image of society is the most important example — have called into question a dominant paradigm that underlies both Marxist and structural-functional theories. Norbert Elias has not only anticipated some of the most important criticisms but also suggested correctives to some of the currently fashionable alternatives. More specifically, his relationship to the sociological traditions and to its contemporary offshoots can be described in terms of six antitheses: his approach is anti-economistic, anti-normativistic, anti-reductionistic, anti-functionalist, anti-structuralist and anti-individualistic. On the other hand, the impact of all these critical strategies is somewhat blunted by the one-sided emphasis on power. A more balanced version of figurational sociology would need a concept of culture to match and counter-balance Elias's insights into the problematic of power. Further exploration of this issue could draw both on the classics (especially Weber) and on post-Parsonian debates about cultural power and their interconnections. Cultural interpretations of power are the most important link between those two dimensions of social life; although Elias has never explicitly thematized them, his recent writings touch upon some aspects of their specifically modern variants.

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The recognition of capitalism as a core component of modernity has often led to conflation of the two categories; this happens to critics as well as defenders of capitalism, and it reflects their shared but only partly acknowledged premises. A tendency to interpret capitalism as a self-contained system has strongly affected the debate on its historical significance; this reductionistic approach could be adapted to different ideological stances as well as to changing views of capitalism's long-term trajectory. The notion of a `spirit of capitalism', in the sense of cultural sources essential to the constitution (and arguably also to the continuity) of the capitalist order, has been one of the most important correctives to economic determinism and reductionism, but it has proved difficult to link this dimension to other aspects of the problematic. The article surveys the contributions of Weber, Sombart, Castoriadis and - most recently - Luc Boltanski and Eve Chiapello to this debate. The last section then discusses the work of Fernand Braudel and suggests that it could serve to reformulate the problematic of capitalism in more multidimensional terms.