contested terrain

Antisemitism and the (modern) critique of capitalism

By Werner Bonefeld
I
The Nazi ideologue Rosenberg (1938) formulated the modern essence of antisemitism succinctly when he portrayed it as an attack on Communism, Bolshevism, and Jewish capitalism, a capitalism not of productive labour and industry, but of parasites – money and finance, speculators and bankers.

There is of course a difference between the antisemitism that culminated in Auschwitz and the antisemitism of the post-1945 world. However, whether antisemitism persists because or despite of Auschwitz is, ultimately, an idle question. The notions ‘despite’ and ‘because’ give credence to Auschwitz as a factory of death that is assumed to have destroyed antisemitism. Furthermore, and connected, antisemitism is viewed as a phenomenon of the past, that merely casts its shadow on the present but has itself no real existence. In this way, overt expressions of antisemitism are deemed ugly merely as pathological aberrations of an otherwise civilized world. In this context the critique of antisemitism is either belittled as an expression of ‘European guilt’ or rejected as an expression of bad faith: a camouflage for insulating Israel from criticism (Keaney, 2007).
The paper argues that modern antisemitism is the ‘rumour about Jews’ as personification of hated forms of capitalism. I will first look at some contemporary expressions of antisemitism, and theses IV and V explore Adono’s and Horkeimer’s (1989) and Postone’s (1986) understanding of Nazi antisemitism.
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This entry was posted on Wednesday, July 15th, 2009 at 4:45 pm and is filed under Capitalism/anti-Capitalism, Moishe Postone, antisemitism. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.