As a contemporary French anthropologist, Pierre Bourdieu is particularly interested in the capabilities of literature. In his opinion, the capacity of an individual to participate in the management of the field of power in various capacities is not contingent upon a specific capital, but rather on the volume and combination of capital categories. Bourdieu’s critical sociology, which in addition to the objective and structural dimension, also considers the subjective dimension of social life, can equip the authors with the requisite ability to identify the various forms of social capital in the novel City Carnival, thereby enabling their audience to comprehend the circumstances. The present investigation has assessed this novel using a descriptive-analytical approach, in accordance with Pierre Bourdieu’s theory, and has analyzed it in four distinct aspects: cultural, social, economic, and symbolic capital. The research results indicate that the social capital of the Palestinian people has significantly diminished, resulting in limitations and deficiencies in their economic and cultural capital. However, the story considers the strong presence of love in familial and national types to be a significant symbolic asset. Another saving and optimistic factor in this narrative is the struggle against the occupation and the aspiration to eliminate the underlying constraints. Indeed, the symbolic capital can be regarded as a potent tool for confronting the personal and social issues of the characters in the narrative and the Palestinian people as a whole, particularly in the context of challenging and tumultuous social conditions.