The Anti-Capitalists Who Helped Create Modern Anti-Semitism

Since the early 19th century, anti-Semites have argued that the true beneficiaries of liberal democracy and market economies have been Jews, and that Jews were ultimately to blame for the dislocation and social ills that accompanied modernization and the industrial revolution. Thus, well before Karl Marx wrote “On the Jewish Question”—in which he declared that “money is the jealous God of Israel” and called for “the emancipation of society from Judaism”—some prominent early socialists saw Jews as the manifestation of the problem they were committed to solving. Michele Battini, in his recent The Socialism of Fools, traces the history of these strands of thinking in West European socialism from its roots until the present day. Although his book sheds much light on this important and often forgotten piece of history, Ben Cohen finds that it also ignores some essential things: