Does Jewish financial misbehavior have anything to do with being Jewish?

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Uploaded by on Oct 16, 2011

Does Jewish financial misbehavior have anything to do with being Jewish?

Kevin MacDonald on May 2, 2010

possible to frame an argument that bad behavior in the financial realm does indeed have something to do with Jewishness? Note that this is quite different from showing that Jewishness is involved in the creation of culture — the argument of The Culture of Critique. There it was only necessary to show that a movement was dominated by Jews who identified as Jews and saw their work as advancing Jewish interests.

As I see it, the argument has two parts:

1.) Judaism as a group evolutionary strategy has always had a strong element of ingroup/outgroup thinking. Entirely different moral standards are applicable inside and outside the group. The result is that the Jewish moral universe is particularistic and the attitude toward non-Jews is purely instrumental — aimed at maximizing personal benefit with no moral concerns about the consequences to non-Jews. For example, a common pattern in traditional societies was that Jews allied themselves with exploitative non-Jewish elites.


The evolutionary aspects of this situation are obvious. Jews were the ideal intermediary for any exploitative elite precisely because their interests, as a genetically segregated group, were maximally divergent from those of the exploited population. Such individuals are expected to have maximal loyalty to the rulers and minimal concerns about behaving in a purely instrumental manner, including exploitation, toward the rest of the population. (A People that Shall Dwell Alone, Ch. 5)

2.) One would then have to show that actual Jewish behavior reflected the double moral standard that is ubiquitous in Jewish religious writing. There is in fact a long history of anti-Jewish attitudes focused around the charge that Jews are misanthropes with negative personality traits who are only too willing to exploit non-Jews. This history is summarized in Ch. 2 of Separation and Its Discontents, beginning with the famous quote from Tacitus, "Among themselves they are inflexibly honest and ever ready to show compassion, though they regard the rest of mankind with all the hatred of enemies." Among the more illustrious observers are the following (see here for the complete passage, p. 46 ff):
Immanual Kant: Jews are "a nation of usurers . . . outwitting the people amongst whom they find shelter. . . . They make the slogan 'let the buyer beware' their highest principle in dealing with us."

Edmund Connelly has reviewed the work of two academic historians, Paul Johnson (A History of the Jews) and Albert Lindemann (Esau's Tears: Modern Anti-Semitism and the Rise of the Jews), who "have shown that this pattern of Jewish deception and fraud in pursuit of wealth and its legitimacy within the Jewish community have a long history."

The key point is the legitimacy of fraud within the Jewish community. Successful fraudsters are not shunned but rather become pillars of the community:


Reflecting the legitimacy of white collar crime in the wider Jewish community in the contemporary world, [Michael] Milken is a pillar of the Jewish community in Los Angeles and a major donor to Jewish causes. Indeed, this is part of a pattern: Ivan Boesky donated $20 million to the library at the Jewish Theological Seminary. And the notorious Marc Rich has donated millions of dollars to a wide range of Jewish causes, including Birthright Israel, a program designed to increase Jewish identification among young Jews. The list of people supporting Rich's pardon by Bill Clinton was "a virtual Who's Who of Israeli society and Jewish philanthropy." A rabbi concerned about the ethics of these practices notes, "it is a rare Jewish organization that thinks carefully about the source of a donor's money. ... The dangerous thing is not that people make moral mistakes, but that we don't talk about it."

The idea is that the Jewish financial elite sees the non-Jewish world in instrumental terms — as objects with no moral value. As I noted earlier,

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Uploader Comments (sentinel00000)

  • But would Anglo-Saxon capitalists really behave morally if there were no Jews in Wall Street? I don't think so. Aren't ALL capitalists just thing of their CLASS INTERESTS (.i.e. they're not concerned about the 'out group', the working class).I suspect that your on the right, whereas I'm on the left.Over here in England, socialist isn't a dirty word.

  • @MrDoremouse "capitalits" don't only intermarry with other "capitalists", they also don't come from the middle east

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  • yeah jews really suck

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