Jews and Money: The Story of a Stereotype

In the wake of Bernie Madoff’s ruinous investment schemes, Abe Foxman takes a cultural and political look at the many variations throughout history of the assumptions made about Jews and money. These include Jews as greedy global capitalists; Jews as wealthy secret communists; Jews as cheapskates; and Jews controlling the media with their money to unduly influence society. Foxman makes the case that these stereotypes have permeated cultures globally and argues that these beliefs are rooted in deep-seated and pervasive anti-Semitism. As with all forms of bigotry, society at large needs to respond to the persistence of stereotypes by educating the young, denouncing hate speech, and by encouraging Jews, like all groups, to express pride in their ethnic and religious heritage.