Caste as Social Capital

Download or read book Caste as Social Capital written by R Vaidyanathan and published by Penguin Random House India Private Limited. This book was released on 2023-07-24 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many consider caste as an outdated institution, though it thrives in postliberalization India. That being the case, caste has only been studied from a religious, social and political angle. It is grudgingly accepted that caste has economic ramifications. For instance, the establishment and running of businesses tap into caste networks, both in terms of arranging finance and providing access to a ready workforce. Despite that, any study of this aspect has been limited to looking at caste groups in terms of their per capita income, their representation in various professions and other statistical details. Caste as Social Capital examines the workings of caste through the lens of business, economics and entrepreneurship. It interrogates the role caste plays in the economic sphere in terms of facilitating the nuts and bolts of business and entrepreneurship: finance, markets and workforce. Through this qualitative view of caste, an entirely new picture emerges, which forces one to view the ageold institution of caste in a new light.