Jewish Contributions to Civilization: An Estimate

By Joseph Jacobs | Go to book overview

CHAPTER VII a
EXCURSUS ON SOMBART

THE preceding account of Jewish influence on modern capitalism would have to be much enlarged if one could trust the analysis of it made by Prof. Werner Sombart in his Die Juden und das Wirtschaftsleben.1 According to him, all the predominant features which distinguish modern capitalism from mediæval trade and industry are directly due to Jewish influence. Thus, the economic form of the modern state was due to the activities of the Jews as purveyors and financiers, in providing the state with capital for war and development ( I, v). They helped considerably in the foundation of modern colonies, which has determined the policy and controlled the development of modern states ( I, iv), and quickened international trade by the large scale

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1
Leipzig, 1911. Translation by M. Epstein, 1913, The Jews and Modern Capitalism.

-247-

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