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The Jews And Modern Capitalism

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The Jews and Modern Capitalism is a historical and sociological analysis of the role of Jewish people in the development of modern capitalism. Written by German economist and sociologist Werner Sombart, the book explores the relationship between Jewish culture and economic success, tracing the history of Jewish involvement in banking, finance, and commerce from ancient times to the present day.Sombart argues that Jewish people have played a significant role in the development of capitalism, due in part to their cultural values and traditions. He examines the ways in which Jewish culture fosters a strong work ethic, a focus on education and learning, and a willingness to take risks and pursue opportunities.The book also explores the historical and social factors that have contributed to Jewish economic success, including the role of anti-Semitism in driving Jews towards economic pursuits, and the impact of Jewish migration and diaspora on the global economy.Despite its controversial subject matter, The Jews and Modern Capitalism is considered a groundbreaking work of economic and sociological analysis, and remains an important text for scholars of Jewish history, economic history, and sociology.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

420 pages, Paperback

First published July 13, 1911

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About the author

Werner Sombart

122 books42 followers
Werner Sombart was a German economist and sociologist, the head of the “Youngest Historical School” and one of the leading Continental European social scientists during the first quarter of the 20th century. Sombart's later writings reflect his personal philsophy and the anti-Semitism of the Nazi regime. In one of his last publications, A New Social Philosophy (1934), Sombart analyzed social problems “from the point of view of the national socialist [Nazi] way of thinking.”

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Displaying 1 - 12 of 12 reviews
Profile Image for Da1tonthegreat.
194 reviews7 followers
April 23, 2025
A lot of books discussing the Jewish Question tend to blur together. This one manages to have a distinct and fascinating approach. Werner Sombart explores the intimate association of Jewry with capitalism. The contrast between Medieval gentile capitalism and modern Semitic finance capitalism is striking. "Look through the catalogue of 'sins' laid at the door of the Jews in the 17th and 18th centuries, and you will find nothing in it that the trader of to-day does not regard as right and proper, nothing that is not taken as a matter of course in every business." Modern capitalism is the invention of the Jewish people. Whether that's a credit or a condemnation depends on your worldview.
Profile Image for Milena.
10 reviews3 followers
November 10, 2022
Um livro bastante pertinente para entender o processo de surgimento do capitalismo, favorecido constantemente pelo espírito ético e jurídico judeu.
Desde sua relação com o desenvolvimento ou decadência das regiões europeias, até o abrigo buscado nas Américas, Sombart traz dados históricos e fontes hebraicas que justificam o comportamento de usura e ágio, pelos quais os judeus são conhecidos até hoje.
Os primeiros capítulos abordam como os judeus seriam os fundadores da "despersonalização" do dinheiro, ou "reificação" como é chamado pelo autor, através da criação de títulos de crédito. Por meio de seu modo de acumulação de capital, eles se tornam os principais financiadores das monarquias européias, porém, não sem o constante choque com a cultura cristã e a quebra de costumes provocada pela centralização da sociedade no acúmulo de capital.
O autor caracteriza as razões que propiciaram esse aumento de riqueza, encontrando como resposta o caráter empreendedor e comerciante, os quais ele trata de diferenciar. Além disso, o ambiente de subcidadania que sempre perseguiu os judeus imigrantes é especulado como gerador de resiliência e foco na busca por novas formas de ascenção financeira, tudo podendo ser corroborado e aprovado por interpretações do Talmude.
Por fim, há uma investigação antropólogica do povo judeu. Pelo livro ter sido escrito no começo do século 20, é interessante observar as especulações da época, ao passo que hoje já temos tecnologias bem precisas para rastrear e investigar a origem dos povos.
É um livro rico e imparcial, que ajuda a compreender o mundo contemporâneo. A leitura foi fluida e até rápida, portanto vale a pena.
Profile Image for Hank.
129 reviews
March 6, 2025
The Jews And Modern Capitalism (CreateSpace Independent Publishing Platform. 2017) skrevs av den tyska ekonomen och sociologen Werner Sombart (1863-1941) och gavs ut för första gången 1911. Märkligt nog innehåller våran upplaga ingen innehållsförteckning vilket försämrar bokens struktur och överblickbarhet.

I den här boken undersöker Sombart i vilken mån judarna är ansvariga för den moderna kapitalismens utveckling. Det är märkbart att författaren har en viss förkärlek till detta folk samt att han har ansträngt sig för att framstå som objektiv och nyanserad för att undvika att bli kallad för ett allt för välkänt, diskrediterande och effektivt invektiv.

Författaren påvisar på ett övertygande sätt hur denna grupp har spelat en avgörande roll i kapitalismens framfart i västvärlden. Sombart uppmärksammar judarnas teleologiska, abstrakta, kosmopolitiska tendenser som bottnar dels i deras religion men även i deras nomadiska rötter (ett kringvandrande ökenfolk). Författaren visar hur judarna ofta har etablerat sig i stora städer som handelsmän och utlånare av pengar samt hur det genom dessa yrken skaffat sig ett stort inflytande.

Bokens huvudtes är att det judiska sättet att bedriva handel (på ett opersonligt vis och med profit som ända motiv) förstörde det Europeiska sättet att bedriva handel (baserat på tradition, personliga relationer, gemenskap, icke-konkurrens och enbart inriktat på medel för uppehälle). Följaktligen lever vi nu under ett ekonomiskt system som är onaturligt för oss i västvärlden. Så här summerar författaren själv denna tes:

“The purest form of capitalism is that wherein abstract ideas are most clearly expressed. That they are part and parcel of the Jewish character we have already seen; there is no occasion, to labour the close kinship in this respect between capitalism and the Jew. Again, the quality of abstraction in capitalism manifests itself in the substitution of all qualitative differences by merely quantitative ones (value in exchange) Before capitalism came, exchange was a many-sided, multicolored and technical process ; now it is just one specialized act, that of the dealer: before there were many relationships between buyer and seller; there is only one now, the commercial. The tendency of capitalism has been to do away with different manners, customs, pretty local and national contrasts, and to set up in their stead the dead level of the cosmopolitan town. In short, there has been a tendency towards uniformity, and in this capitalism and Liberalism have much in common. Liberalism we have already shown to be a near relative of Judaism, and so we have the kindred trio of Capitalism, Liberalism,and Judaism.”

s.191-192

För att underbygga sin tes undersöker Sombart, bland annat, ekonomisk historia, judisk historia, den judiska religionens roll i denna utveckling samt kapitalismens olika beståndsdelar. Allt detta är kompetent gjort och väldigt väldokumenterat. Vi anser dock att författaren skulle ha kunnat varit aningen mer koncis och fortfarande fått fram sina poänger på ett bra sätt. Det här är en aningen kontroversiell men mycket intressant och informativ bok som vi varmt rekommenderar.
Profile Image for noblethumos.
745 reviews77 followers
December 21, 2022
The Jews and Modern Capitalism is a book written by Werner Sombart, a German economist and sociologist. The book is a study of the role of Jews in the development of modern capitalism, and the ways in which Jewish economic practices and values have shaped the modern economic system.

In The Jews and Modern Capitalism, Sombart examines the economic history of the Jews, focusing on the ways in which they have contributed to the development of modern capitalism and the ways in which their economic practices and values have been shaped by the broader economic and social context. He also looks at the ways in which Jewish economic practices and values have been received and debated, and the ways in which they have influenced the development of modern economic thought.

Overall, The Jews and Modern Capitalism is a detailed and informative examination of the role of Jews in the development of modern capitalism, and provides important insights into the ways in which economic practices and values have shaped the modern economic system.

GPT
Profile Image for Dina.
543 reviews50 followers
October 8, 2019
It's an excellent book. The author tackles the question with rationale and without hype and fear. The main premise of the book is that Capitalism is based on jewish belief. Partly because jewish had always been nomads they had to create a system based on money, which didn't belong in one place and could easily transfer or be moved. Because all other trades were supposedly prohibited the trade of money became the most important one. Author also suggests that intellectually jewish people are more creative or talented to deal with abstract questions such as money. I might add - think capitalism is destroying the world as it is. Anything that's made artificial of nature, will not work in a natural world so its not working. One can only live by the rules of Nature or one will perish.

I will put the book on my re-read shelf. Its very good.
349 reviews29 followers
October 25, 2010
"He is the born representative of a "liberal" view of life in which there are no living men and women of flesh and blood with distinct personalities, but only citizens with rights and duties. And these do not differ in different nations, but form part of mankind, which is but the sum-total of an immense number of amorphous units... It comes to this, that they behold the world not with their "soul" but with their intellect."

I wish he had talked more about the link between Puritanism and Judaism.
Profile Image for Jim Aristopoulos.
21 reviews2 followers
July 5, 2016
Προσοχη οταν μιλαμε για ''εβραιους'' εννουμε τους μετεχοντες σε συναγωγες, σε αντιθεση με τους ''Ιουδαιους'' που ειναι γενικα φυλη και μπορει να μην μετεχουν καν στο ''εβραικο εθνος'' και την Εβραικη θρησκεια. Ενα εξαιρετο βιβλιο του Σοσιαλιστη Werner Sombart που εξηγει τοσο την εξελιξη των εβραιων και τη δημιουργια της καπιταλιστικης λογικης αλλα και ταυτοχρονα πως συνδεεται αμεσα φιλοσοφικα και ιστορικα ο εβραισμος και ο καπιταλισμος. Καθως και τον λογο για τον οποιο ολοι σχεδον ολοι οι σοσιαλιστες του 19ου αιωνα μεχρι τα μεσα του 20ου απεχθανονταν τον εβραισμο. Ο εβραισμος ειναι η ψυχη του φιλελευθερισμου!!!
Profile Image for Anya Couture.
9 reviews2 followers
February 24, 2024
Marxist Werner Sombart, the Jews, and Modern Capitalism
Sombart's "The Jews and Modern Capitalism" emphasized the role of Jews in the development of modern capitalism, arguing that their commercial skills and adaptability made them natural entrepreneurs. At the time, he was considered a philosemite. During the interwar period, he became more critical of the Jewish influence on German society. He argued that the Jews were a threat to the German nation, and that their economic success was undermining the interests of the German people.

Sombart's views diverged from both Marx and the Bolsheviks in several ways. While Sombart acknowledged the role of Jews in the development of modern capitalism, he did not share Marx's view that capitalism was inherently exploitative and that it would inevitably be replaced by socialism. Instead, Sombart saw capitalism as a natural outcome of the human desire for material progress and wealth accumulation. On a less theoretical level, he dealt with the Bolsheviks. Sombart was critical of the Bolsheviks' revolutionary methods, arguing that they were too extreme and likely to lead to chaos and violence. He believed that social and economic change should be achieved through gradual reforms, rather than through radical upheaval.
11 reviews2 followers
October 10, 2024
Interesting study into Jewish influence on the development of the modern economy. Also worth noting that the author doesn't come off nearly as antisemitic as his Wikipedia page suggests.
Profile Image for Hagar.
191 reviews45 followers
October 31, 2024
Great work on the origins of capitalism and its subsequent degeneracy. This book pairs well with Macdonald's The Culture of Critique, which is also an important read.
717 reviews3 followers
March 16, 2025
Interesting, old fashioned book on the relationship between Jews and Modern capitalism. A bit of an antique time piece, but good from a historical perspective.
Displaying 1 - 12 of 12 reviews

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