Caste and capitalism fused into a uniquely Indian economic alloy

Evidence

In the 1931 Census, which was the last to include caste as an aspect of the survey, Vaishyas accounted for 2.7 per cent of the population (while the Untouchables accounted for 12.5 per cent). Given their access to better health care and more secure futures for their children, the figure for Vaishyas is likely to have decreased rather than increased. Either way, their economic clout in the new economy is extraordinary. In big business and small, in agriculture as well as industry, caste and capitalism have blended into a disquieting, uniquely Indian alloy. Cronyism is built into the caste system. — Ambedkar, B R, Annihilation of Caste_ The Annotated…, 59

Categorization

Category: Contrarian or Surprising Claims

  • XREF: Connects to the reader’s interest in how caste capitalism distributes wealth — directly relevant to understanding who benefits from modernization it claims to equalize.

Broader Connections