Book excerpt: This volume investigates how four socially constructed identities (race, gender, class and caste) can be rethought as matrices designed to accumulate various kinds of socio-economic values and to translate and transfer these values from one group to another. Essays in the anthology also attempt to compare the mechanisms deployed by various groups to consolidate identificatory investments. Drawn mainly for the fields of literary and cultural studies, the essays are grouped in four categories. Essays collected under ‘Theoretical Approaches’ scrutinize the relative value of various approaches; those collected under ‘Considerations of Race, Gender, and Sexual Orientation’ examine the interaction between these three categories in formation of identities; those grouped under ‘Comparative Analysis of African-American and Dalit Writing’ provide comparative analyses of the literary productions of these two oppressed groups; and, finally, those under ‘The Persistence of Racialized Perceptions’ focus on the role of ideologically inflected perception of European colonizers and the persistence of such perception in the categorization and treatment of colonial migrants to the metropolis.