Jews, money and antisemitism: How the hate myth was born

Detail from The Way Of The Red Sea Is A Way Of Blood, a 1944 Italian poster, which depicts grinning Jewish bankers carrying money bags past dead soldiers. Click to enlarge

Oskar Rickett – Middle East Eye May 9, 2019

The American animated comedy behemoth Family Guy might not be the first thing you associate with an exhibition concerning antisemitism. But enter the Jewish Museum London during the next two months and you may find excerpts from the show drifting your way.

Walk into “Jews, Money, Myth”, its current event, at another point and instead you may be greeted by South Park or Borat or political figures like Donald Trump or Nigel Farage.

All take their place in a video piece by Turner Prize-winning artist Jeremy Deller, which draws together footage – satirical as well as chillingly straightforward – demonstrating a long-established stereotype that shows no signs of going away: that Jewish people are greedy and that they love money above all else.

Bringing together manuscripts, prints, ceremonial objects, artworks and cultural ephemera including board games and costumes, the exhibition lays out a complex, 2,000-year history of stereotyping.

It runs from the theological roots of associating Jews with money to the myths and reality of the medieval Jewish moneylender. The visitor is then taken into the world of modern commerce and capitalism, in which the lives of working class Jews are often obscured and antisemitic conspiracies about the world being run by a cabal of malign Jewish bankers continue to infect the political discourse from the United States to the Middle East and beyond.

Judas, silver and betrayal

The story begins, more or less, during the time of Jesus, and the fate of his disciple Judas Iscariot, who the Bible says betrayed Jesus to the Jewish chief priests in exchange for 30 pieces of silver.

Like Jesus and his fellow disciples, Judas was Jewish, but from the 12th century onward, he began to be transformed into a personification of all Jews at a time when many Jews in Europe were pushed into unpopular economic roles such as usury (lending money for interest), which the dominant Catholic church regarded as sinful.

This personification was not kind: Judas became known as the archetypal traitor, a symbol of greed and heresy. He was the man who stood on the wrong side of the Bible’s line: in the Book of Matthew, “it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God”.

Judas was attached to material wealth, not spirituality, wedded to this world rather than the world to come. Crude depictions of the disciple, who had been shown by others to be Jesus’s closest confidante, presented him as a ghoulishly Jewish caricature of evil and greed, complete with a money bag, bright yellow cloak and red hair.

Some aspects of his appearance have continued to have symbolic resonance. The colour yellow was used to distinguish Jews (and other non-Muslims) from Muslims in the Umayyad Caliphate, and Jews and Muslims were during certain periods required to wear distinguishing clothing in Catholic-dominated medieval Europe. The yellow star branded Jews as having betrayed Jesus, a branding that was re-introduced by the Nazis.

The jewel in the crown of the Jewish Museum’s exhibition is a beautiful, beguiling and far more complex portrait of Judas. Rembrandt’s Judas Repentant, Returning the Thirty Pieces of Silver (1629) shows the disciple trying to return the money he has taken in exchange for his act of betrayal.

Kneeling on the ground, his hands clasped together, scalp bloodied from tearing his hair out in anguish, Judas is tormented by what he’s done – and yet still his eyes seem to meet the money he has thrown to the ground. The deadly pull of the silver is not quite extinguished. The priests are unmoved. They refuse Judas. He leaves the temple and hangs himself.

A game of hate

In the medieval and early modern period, the figure of the Jewish moneylender was more often represented in a way that recalls the crude depictions of Judas with moneybag and red beard.

This was despite the fact that it was not only Jews who worked as money lenders, even though lending money at interest was sinful in Judaism as well as in Christianity.

The role was often taken on by Jews because the antisemitic societies they found themselves in brought forward little in the way of alternative occupation.

This concept of the Jewish moneylender in Europe, most famously embodied by Shylock in Shakespeare’s The Merchant of Venice (first performed in 1605) and later by Charles Dickens’ Fagin in Oliver Twist (1839), is shown to be at the heart of associations between Jews and money, as artefact after artefact attests.

From 1807, a children’s dice game called The New and Fashionable Game of the Jew comes with an illustration of an old man in a turban, a stereotypical Jewish banker in fine robes hoarding his money, prepared to rip off all those good Gentile boys and girls with his tricky ways. Stephen Sondheim, the Jewish-American composer, owns a copy and describes it as the game that “taught kids to be antisemitic”.

A few years earlier, in 1798, Nathan Mayer Rothschild disembarked in London from Germany. The new arrival was to become phenomenally successful, establishing the first branch of the Rothschild family bank and going on to finance a series of British military campaigns.

The sculpture of him by Jean-Pierre Dantan is one of many gruesomely antisemitic works of art on display at the exhibition, the Jewish banker shown as a grossly dehumanised figure, all rolls of fat, engorged lips and bulging eyes.

Rothschild’s rise to power started the theories of influence surrounding his family that continue today and which have proliferated on YouTube and social media.

The development of commerce in the 18th and 19th centuries transformed the economic status of some Jews, leading to the rise of two prominent and contradictory stereotypes: that of the Jewish banker and that of the Jewish beggar.

Anxiety and disgust with the cruelty of capitalism could too easily be distorted into antisemitism, with figures like Rothschild used as representatives of a system that ground down millions of people not simply because they were powerful capitalists, but because they were Jewish. Some of those victims of capitalism were, of course, Jews themselves and often economic migrants living precarious lives.

But stereotypes are not rational: at the same time as Jews were being shown as grotesquely wealthy capitalist pigs, they were also being depicted as hopelessly devious beggars, leeching off society.

Race and capital

As the spectre of communism came to haunt Europe, the same trick was pulled: Jews were rich capitalists yet were also devious Bolsheviks, intent on overthrowing the good and natural order of things.

In 1930s Germany, the Nazis made headway with both these stereotypes as they rose to power, decrying communism as another form of Jewish conspiracy while in the same breath assaulting Jews for taking bread off the table of good honest Aryan folk.

Nor was it just in Germany: in 1933, an entry from the Oxford English Dictionary listed one of the definitions of the word “Jew” as “to cheat”.

These myths and stereotypes persist. Arguments about capitalism can still veer into racist territory. Justified criticism of the state and government of Israel can still drop horribly into conspiracies about Jewish power and wealth.

The relative financial success of Jewish communities around the world is coloured in sinister shades. The struggle of ordinary Jewish people is denied.

At the Jewish Museum London, the context is provided, and the fact is separated from the fiction.


7 responses to “Jews, money and antisemitism: How the hate myth was born”

  1. Jews controlled the slave trade in Europe in the Middle Ages…..”it was the only job they could get”.Shame about the untold misery endured by the slaves…..especially the women captured off the street for a life of prostitution and early death.
    One of the mains centres for East European prostitution is….TEL AVIV….phew! That’s a surprise.

    The modern Jewish slave traders trick these women into travelling to Israel.Unfortunately for these Jewish pimps in Israel….”it was the only job they could get,in between being persecuted”.

  2. The author mentions fact in the last sentence but doesn’t mention for a Jew it is only sinful to place interest on another Jew. They do so strain out a gnat while they swallow a camel.

  3. A neat way of monopolizing the narrative by taking all the exhibits, enclosed in a private, “official” demeanour.

    Now, try to get those exponent “out of the context provided”. Nearly done.

  4. In the early 30s there were jews in germany who thought that some jews had gone too far
    these jews advised Agolf Hitler and were protected through the war.
    They told the Third Reich about what was being taught in the synagogues, that it was a solemn duty to steal from the Christians, the synagogues were intelligence gathering places , a jew could only spend his money with another jew, and insider dealing loan sharking and buying and selling of currencies pyramid selling etc was commonplace.When Hitler imprisoned rothschild and gave the prosperity to the poeple, the world watchd in jealousy of german success.
    Without all these jews living off them German goods celebrated for their low cost and good quality, took all the British markets, angering the British jews, not many people realise we fought 2 world wars to entich the jew

  5. There can be no truth found in the Jew, for he is the child of Satan.

  6. The “Hate Myth” as you so apologetically state, is no myth. it’s FACT drawn from centuries of first hand experience of dealing with these creatures from Hell – The Jews!

    I suppose then that supremacist globalist Jews do not really control the banks and conjure money out of thin air and “loan” it at interest. I guess this fraudulent, illegal apparatus does not function as an all-Jewish shadow government, or what I call, “the deep state”, which creates all the wars and strife.
    I guess the Jewish-created CIA and the Jewish IMF do not work together to bump off dozens of countries’ elected leadership to ensnare entire nations into predatory loan schemes that rob the nations blind, disenfranchising millions and killing everyone that stands in the way.
    I guess Judaism does not really designate gentiles as loathsome sub-humans. That must be just another conspiracy theory cooked up by anti-Semites. Oy vey!
    The evil gentiles must print fake Talmuds and Old Testaments just to make Jews look like a murderous, supremacist cult that will stop at nothing for world domination.
    I guess Jews do not own and run the whole media or own every publishing house and control academia.
    I guess they are just a marginal people with no power whatsoever, and millions of people just believe wrongly that they are to blame for the world’s problems.
    I guess they were not behind communism and the cold-blooded murder of over 100 million Russians.
    I guess they did not really commit numerous genocides all over the world too numerous to mention. The evil, rotten non-Jews just made it all up because they have superstitious hatred and fear of Jews for no reason at all!
    Oh, and Jews do not really illegally occupy 96% of Palestine and commit atrocities daily against the rightful inhabitants.
    And I guess some really clever Muslims with box-cutters really did 9/11.
    I guess Larry Silverstein did not admit to demolishing WTC 7. That must have been a CGI fake interview.
    Saddam Hussein must have really had weapons of mass destruction and that, that was not just the Israelis making up fake intelligence and using AIPAC to railroad America into a series of genocidal wars for the Jewish state’s expansion.
    Oh, and the “homicidal gas chambers” can have big glass windows and leaky wooden doors and no ventilation system. The “Nazis” used magic to make them work. In fact, you can just stroll right into a gas chamber right after it was used.
    And I guess the USS Liberty attacked itself and then falsely blamed Israel out of irrational spite for Jews.
    I guess ISIS is an organic organization that does not receive all its money from Zionist proxies in the Middle East.
    And of course, Presidents Putin and Assad are “dictators”. Oy vey!
    I guess Iran and Syria really need a Rothschild central bank. Let’s invade them and bring them democracy!
    I end this article with a potent quote from Alexander Solzhenitsyn that says it all:
    “For a Jew, nothing is more insulting than the truth.”

  7. So much Jew-bashing in the comments! Proof for me of God’s existence is the Jewish people still coming out on top of after two thousand years’ worth of hatred and persecution against them. Let’s get two things straight: 1) without Judaism there would be no Christianity or Islam (obviously) – both are offshoots and the creations of deluded men; 2) the land that Israel sits on (and immediately surrounds it) belongs to the Jews and was stolen from them. Personally I don’t blame them for doing all they can to get it back and think they’ve shown remarkable restraint in doing so! And let’s be really honest here – without them, none of you obvious antisemites would have the technology to be sitting on here whining about them.