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Werner Sombart

The Jews and Modern Capitalism Paperback – January 25, 2015

by Werner Sombart (Author), Mordecai Epstein (Translator)

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2015 Reprint of Original 1913 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. Werner Sombart (1863 -1941) was a German economist and sociologist and one of the leading Continental European social scientists during the first quarter of the 20th century. Sombart's "The Jews and Modern Capitalism" is an effort similar to Max Weber's historic study of the connection between Protestantism (especially Calvinism) and Capitalism, with Sombart documenting Jewish involvement in historic capitalist development. He argued that Jewish traders and manufacturers, excluded from the guilds, developed a distinctive antipathy to the fundamentals of medieval commerce, which they considered primitive and unprogressive. They tended to reject the medieval desire for 'just' (and fixed) wages and prices, a system in which shares of the market were agreed upon and unchanging, profits and livelihoods modest but guaranteed, and limits placed on production. Excluded from the system, Sombart argued, the Jews broke it up and replaced it with modern capitalism, in which competition was unlimited and new rules or order were established. Paul Johnson, who considers the work "a remarkable book", notes that Sombart left out some inconvenient truths, and ignored the powerful mystical elements of Judaism. Sombart refused to recognize, as Weber did, that wherever these religious systems, including Judaism, were at their most powerful and authoritarian, commerce did not flourish. Jewish businessmen, like Calvinist ones, tended to operate most successfully when they had left their traditional religious environment and moved on to fresher pastures. Chapters on: The contribution of the Jews to modern economic life. Introductory -- The shifting of the centre of economic life since the sixteenth century -- The quickening of international trade -- The foundation of modern colonies -- The foundation of the modern state -- The predominance of commerce in economic life -- The growth of a capitalistic point of view in economic life -- pt. 2. The aptitude of the Jews for modern capitalism. The problem -- What is a capitalist undertaker? -- The objective circumstances in the Jewish aptitude for modern capitalism -- The significance of the Jewish religion in economic life -- Jewish characteristics -- pt. 3. The origin of the Jewish genius. The race problem -- The vicissitudes of the Jewish people.

Print length

420 pages
Language

English
Publisher

Martino Fine Books
Publication date

January 25, 2015
Dimensions

6.14 x 0.93 x 9.21 inches
ISBN-10

161427763X
ISBN-13

978-1614277637
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Product details

Publisher ‏ : ‎ Martino Fine Books (January 25, 2015)
Language ‏ : ‎ English
Paperback ‏ : ‎ 420 pages
ISBN-10 ‏ : ‎ 161427763X
ISBN-13 ‏ : ‎ 978-1614277637
Item Weight ‏ : ‎ 1.41 pounds
Dimensions ‏ : ‎ 6.14 x 0.93 x 9.21 inches

Best Sellers Rank: #685,027 in Books (See Top 100 in Books)
- #395 in Jewish Social Studies
- #1,824 in Economic History (Books)
- #2,003 in European Politics Books

Customer Reviews:
19 ratings

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R. Bowman

Finally available

Reviewed in the United States on March 20, 2013

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This is a book I'd heard about for years but could never find in print. The transfer to Kindle format is rough with no chapter divisions, random number that might have been footnotes in the original, and no format to the tables. It is readable.

As for the contents, it is interesting to compare it to Weber's much more famous work. Weber and Sombart were contemporaries and Sombart mentions Weber's thesis, making the point that the Puritans of the Calvinistic Reformation shared some characteristics with the Jews in their biblical interpretations. Sombart presents a good deal of material from the Torah and the Talmud showing that Jewish history uniquely fitted the people for a capitalist society. He also examines some of the historical evidence like the expulsions of Jews from Spain in 1492 leading to the economic priority of Amsterdam and other cities to which they fled.

Because of the allegation of involvement with national socialism, Sombart is often portrayed as an anti-Semite. I did not find this to be the case. He may not have cared much for modern capitalism but is even restrained in expressing that view. In any case, this is an important work and I'm happy to see it in an inexpensive Kindle format.

25 people found this helpful

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James

Sombart's (author) complaints about Jews could equally be directed toward non-Jews.

Reviewed in the United States on January 1, 2021

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Sombart's (author) complaints about Jews could equally be directed toward non-Jews. The author lies by omission. The author acts as if gentiles have been perfect, innocent, angels in history (what about the slaughter of millions of Native Americans at the hands of protestants). He also ignores the fact that most of the robber-barons of the guilded era were protestants. Further, Capitalism had already been in place in Netherlands before the Jews emigrated to this region. Most of Sombart's statements in the later chapters of his book are merely his opinions; not backed up by any evidence. In the earlier part of his book, he ignores the fact that gentiles played a key role in the business of slave trading. Sombart's book is very biased. However, it does give a good view into the mind of an antisemite.

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E.Hun

I highly enjoyed this book

Reviewed in the United States on February 7, 2016

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I highly enjoyed this book, and would recommend anyone interested in the subjects of :History, Economics, and or the Jewish Question, read this book.

It is well sourced. Werner makes his case by citing numerous sources from the past, especially from the mid-evil era till his era in the 20th century. His over-all thesis is : Jews had a very large influence on what is called 'modern capitalism'. He dissects Jewish religion, and Jewish character traits and ties them into explanation for the disproportionate Jewish economic gain in the gentile lands.

There is no "jew hatred" in this book, but there is 'antisemitism'. Antisemitism in the sense that 'antisemitism' is simply a reaction to 'semitism' (Jewish behavior, beliefs, and actions). He does not write as a person vilifying Jews, but rather as a scientist using the scientific method to explain a phenomena.

18 people found this helpful

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karen

deeply informative and an excellent read, that now follows me around on Kindle

Reviewed in the United States on May 28, 2018

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Enjoyable, deeply informative and an excellent read, that now follows me around on Kindle.

3 people found this helpful

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Rene garcia jr

Five Stars

Reviewed in the United States on November 3, 2014

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Classic book

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L. Costa Lima

Five Stars

Reviewed in the United States on April 20, 2016

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Yes, I had lost my previous copy. Thanks a lot,
L. Costa |Lima

3 people found this helpful

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Nenad

Why Germans hated and extarminated Jews with such vigour and scientific belief? Read this book to find out!

Reviewed in the United States on January 28, 2014

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It is really amazing that Werner Sombart, well known German scholar, one of the best researchers of his time, has written and published this work. To modern reader it is completly unconvincing. Its basic hypothesis is that the Jews have contributed in making modern capitalism with all the best vices they could have employed on their task to ruin Christian competition and won the total control of market. But when it comes to the evidence this book colapses.
It simply reinforces its hypothesis with other hypothesis or statistical data so obscure and irrelevant that you are really hit by a feeling that this work is the Nazi anti-Jewish Bible in scientific form.
The rise of Nazism has a whole different perspective when you read this book! Contemporary of Max Weber, his coleague and respected professor has written most systematic sum-up of anti-jewish predjudice I could have imagined in 1911, 20 years before the Nazis came to power!

7 people found this helpful

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Chris X

Important

Reviewed in the United Kingdom on April 4, 2019

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How did jews become those filthy rich bankers that everyone hates? Read this and find out, explains in detail how they adapted to the environment around them and used it to their advantage.

One person found this helpful