IDEAS home Printed from https://ideas.repec.org/a/sae/inddev/v16y2022i1p158-168.html
   My bibliography  Save this article

Merit, Capital and Middle Class: Exploring the Linkages

Author

Listed:
  • Taniya Chakrabarty

Abstract

Earlier this year in January 2022, the Supreme Court of India in its judgement on the counselling process for the stalled centralised medical entrance validated the need for reservations and elaborated on the much-debated issue of merit vs. reservation. In India, there has been a long-standing debate over whether reservations impinge on the idea of merit. This article attempts to crucially appraise the very idea of merit in contemporary societies. Further, through an exploration of its characteristics and the process of its construction and reproduction, this article attempts to trace the origins of merit in the Indian context and understand its importance in relation to caste as well as class, particularly in relation with the middle classes; in doing so, this article will seek to understand how merit as a notion is constructed and operationalised in academic and employment discourse and whether the claim of equality of opportunity translates into equality of outcome.

Suggested Citation

  • Taniya Chakrabarty, 2022. "Merit, Capital and Middle Class: Exploring the Linkages," Indian Journal of Human Development, , vol. 16(1), pages 158-168, April.
    • Handle: RePEc:sae:inddev:v:16:y:2022:i:1:p:158-168
    DOI: 10.1177/09737030221099328
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/09737030221099328
    Download Restriction: no
    File URL: https://libkey.io/10.1177/09737030221099328?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Randall K. Morck, 2005. "A History of Corporate Governance around the World: Family Business Groups to Professional Managers," NBER Books, National Bureau of Economic Research, Inc, number morc05-1, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Brouthers, Lance Eliot & Gao, Yan & Napshin, Stuart, 2014. "Keiretsu centrality — profits and profit stability: A power dependence perspective," Journal of Business Research, Elsevier, vol. 67(12), pages 2603-2610.
    2. Carney, Richard W., 2011. "Financial Regulatory Harmonization in East Asia: Balancing Domestic and International Pressures for Corporate Governance Reforms," ADBI Working Papers 269, Asian Development Bank Institute.
    3. Mara Faccio & Maria-Teresa Marchica & Roberto Mura, 2011. "Large Shareholder Diversification and Corporate Risk-Taking," The Review of Financial Studies, Society for Financial Studies, vol. 24(11), pages 3601-3641.
    4. Saul Estrin & Martha Prevezer, 2010. "The Role of Informal Institutions in Corporate Governance: Brazil, Russia, India and China Compared," Working Papers 31, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
    5. Tatsuo Ushijima, 2016. "Diversification, Organization, and Value of the Firm," Financial Management, Financial Management Association International, vol. 45(2), pages 467-499, May.
    6. Heitor Almeida & Sang Yong Park & Marti Subrahmanyam & Daniel Wolfenzon, 2009. "The Structure and Formation of Business Groups: Evidence from Korean Chaebols," NBER Working Papers 14983, National Bureau of Economic Research, Inc.
    7. Michelangelo Vasta & Carlo Drago & Roberto Ricciuti & Alberto Rinaldi, 2017. "Reassessing the bank–industry relationship in Italy, 1913–1936: a counterfactual analysis," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 11(2), pages 183-216, May.
    8. Niklas Elert & Magnus Henrekson, 2019. "The collaborative innovation bloc: A new mission for Austrian economics," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 32(4), pages 295-320, December.
    9. Attiya Y. Javid & Robina Iqbal, 2010. "Corporate Governance in Pakistan : Corporate Valuation, Ownership and Financing," Governance Working Papers 22830, East Asian Bureau of Economic Research.
    10. Hans Degryse & Thomas Lambert & Armin Schwienbacher, 2018. "The Political Economy of Financial Systems: Evidence from Suffrage Reforms in the Last Two Centuries," Economic Journal, Royal Economic Society, vol. 128(611), pages 1433-1475, June.
    11. Henrekson Magnus, 2017. "Taxation of Swedish Firm Owners: The Great Reversal from the 1970s to the 2010s," Nordic Tax Journal, Sciendo, vol. 2017(1), pages 26-46, January.
    12. Banerjee, Pradip & Dhole, Sandip & Mishra, Sagarika, 2023. "Operating performance during the COVID-19 pandemic: Is there a business group advantage?," Pacific-Basin Finance Journal, Elsevier, vol. 79(C).
    13. Sandra Peart & David Levy, 2009. "After Hayek: On Theodore Burczak’s socialism after Hayek," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 22(3), pages 293-296, September.
    14. Morck, Randall & Nakamura, Masao, 2018. "Japan's ultimately unaccursed natural resources-financed industrialization," Journal of the Japanese and International Economies, Elsevier, vol. 47(C), pages 32-54.
    15. Thomas Gehrig & Caroline Fohlin, 2006. "Trading Costs in Early Securities Markets: The Case of the Berlin Stock Exchange 1880–1910," Review of Finance, European Finance Association, vol. 10(4), pages 587-612, December.
    16. Esther B. Brio & Rosa M. Hernández-Maestro & Toru Yoshikawa, 2018. "How does interpersonal justice affect outside directors’ governance behavior? A cross-cultural comparison," Review of Managerial Science, Springer, vol. 12(3), pages 683-709, July.
    17. Morck, Randall & Yeung, Bernard, 2011. "Economics, History, and Causation," Business History Review, Cambridge University Press, vol. 85(1), pages 39-63, April.
    18. Mario García Molina, 2011. "Esquema para el análisis de la estructura de un grupo económico," Documentos de Trabajo, Escuela de Economía 7957, Universidad Nacional de Colombia, FCE, CID.
    19. James B. Ang, 2008. "A Survey Of Recent Developments In The Literature Of Finance And Growth," Journal of Economic Surveys, Wiley Blackwell, vol. 22(3), pages 536-576, July.
    20. Yoshida, Kenichi & Iino, Yoshiaki & Managi, Shunsuke, 2022. "Do Japanese keiretsu promote better CSR activities?," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 452-475.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:inddev:v:16:y:2022:i:1:p:158-168. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.