Jews’ economic roles made them scapegoats for capitalist misery.

Evidence

The reasoning ran as follows: the Jews were particularly exposed owing to their role as money-lenders, merchants and traders, occupations which were more available to them than other people and in which, since they were forced to enjoy taking risks, they took more risks and were more successful in those they took than non-Jews. To the oppressed masses, they seemed to be the immediate cause of their misery and appeared to be displaying the expansionist and unsympathetic face of capitalism. — Rolf Wiggershaus, The Frankfurt School, 1539

Categorization

  • XREF: This is the classic Marxian analysis of antisemitism as displaced class hatred, elaborated later by Horkheimer and Adorno in Dialectic of Enlightenment. Connects to the broader Critical Theory reading program. — connects to: Jewish economic roles made them appear as capitalism’s aggressive face to oppressed masses; Petty-bourgeois resentment of free trade made Jews a ready scapegoat for industrial capitalism; Jews drew hatred because they carried capitalism into pre-capitalist economies — Theodor W. Adorno, Max Horkheimer, Dialectic of Enlightenment, 132 (+10 more)

Broader Connections