Abstract

This paper reconstructs the material and social foundations of the Nighaṇṭu–Nirukta by situating its metaphysical vocabulary within the late Vedic world of the sixth century BCE. Against interpretations that treat Yakṣa’s thought as abstract speculation or purely linguistic analysis, the study argues that his central categories—śrama (labour), draviṇa (substance/wealth), bhāga (share), ṛṇa (debt), śraddhā (trust), and vāk (speech)—are conceptual generalisations of a specific historical formation: an iron-using, agrarian, lineage-based, pre-monetary society lacking urban administration, coinage, and juridical enforcement. Drawing on textual analysis of the Nirukta and Nighaṇṭu clusters alongside archaeological and historiographical research, the paper demonstrates that Yakṣa’s metaphysics mirrors the structural conditions of a ritual–industrial economy in transition between clan organisation and early state formation. Varṇa appears as functional division of labour rather than hereditary caste; wealth remains substantive rather than monetary; economic circulation operates through distribution (bhāga) and inherited obligation (ṛṇa); and social cohesion depends on śraddhā as infrastructural trust rather than contractual enforcement. The śūdra embodies productive labour within the system, while niṣāda communities represent the necessary external support upon which the system depends. The Nirukta thus emerges as the philosophical self-articulation of a society poised between pastoral lineage and urban state. Yakṣa does not transcend material life; he elevates its structural relations into ontology. His metaphysics is the conceptual architecture of a world in transformation.