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1. Amsterdam: a center of credit -- 2. Frankfurt an der Oder: Central European middlemen -- 3. Border lands: legal restrictions, army supplying, and economic success -- 4. Praga: a stepping stone -- 5. Warsaw: the rise of a Jewish economic elite
This study of German-Jewish bankers, merchants and industrialists, and their activities, assesses the nature of their contribution to German economic development.
In the early twentieth century, a dense corporate network was created among the large German corporations ("Germany Inc."). About 16% of the members of this corporate network were of Jewish background. At the center of the network (big linkers) about 25% were Jewish. The percentage of Jews in the general population was less than 1% in 1914. What comparative advantages did the Jewish minority enjoy that enabled them to succeed in the competition for leading positions in the German economy? Three hypotheses are tested: (1) The Jewish economic elite had a better education compared to the non-Jewish members of the network (human capital). (2) Jewish members had a central position in the corporate network, because many of them were engaged in finance and banking. (3) Jewish members created a network of their own that was separate from the overarching corporate network (social capital). The density of this Jewish network was higher than that of the non-Jewish economic elite (embeddedness). Our data do not support any of these hypotheses. The observed correlation between Jewish background and economic success cannot be explained by a higher level of education, a higher level of social capital, or a higher proportion of Jewish managers engaged in (private) banking.
Based largely on autobiographical material, examines the position of several prominent Jewish families in Germany, the question of their Jewish identity, and socio-cultural changes resulting from the intensification of anti-Jewish prejudice. Contends that there was no evidence of virulent antisemitism in everyday affairs, thus allowing achievements of social objectives by wealthy Jews. Points out the existence of a Jewish group in the court of the openly antisemitic Kaiser Wilhelm II. Gives a cultural profile of Walther Rathenau and his political career, and discusses the relations between Richard Wagner and the Jewish cultural elite.
Maristella Botticini and Zvi Eckstein show that, contrary to previous explanations, this transformation was driven not by anti-Jewish persecution and legal restrictions, but rather by changes within Judaism itself after 70 CE--most importantly, the rise of a new norm that required every Jewish male to read and study the Torah and to send his sons to school. Over the next six centuries, those Jews who found the norms of Judaism too costly to obey converted to other religions, making world Jewry shrink. Later, when urbanization and commercial expansion in the newly established Muslim Caliphates increased the demand for occupations in which literacy was an advantage, the Jews found themselves literate in a world of almost universal illiteracy. From then forward, almost all Jews entered crafts and trade, and many of them began moving in search of business opportunities, creating a worldwide Diaspora in the process.
In this rich transnational history, Cornelia Aust traces Jewish Ashkenazi families as they moved across Europe and established new commercial and entrepreneurial networks as they went. Aust balances economic history with elaborate discussions of Jewish marriage patterns, women's economic activity, and intimate family life. Following their travels from Amsterdam to Warsaw, Aust opens a multifaceted window into the lives, relationships, and changing conditions of Jewish economic activity of a new Jewish mercantile elite.
This biography of Mayer Matalon, an influential Jewish Jamaican, traces his path from humble origins to innovator, public servant, political insider, and leader of his family’s conglomerate, from the 1940s to the end of the twentieth century. Mayer Matalon was not born into the Jewish-Jamaican elite who traced their ancestry in Jamaica back hundreds of years and who were successful entrepreneurs, prominent intellectuals, and politicians. Mayer Matalon’s father, Joseph, was one a handful of Jews who came to Jamaica in the wave of turn-of-the-century Levantine emigration, and his mother, Florizel Madge Matalon, was a young, beautiful, poor Jewish-Jamaican girl. A failed businessman, Joseph’s legacy was eleven children who created their own legacy in Jamaican business and politics. The Matalon siblings built a conglomerate, venturing into businesses and experimenting with business models that had never been tried in Jamaica, enjoying success for the first twenty years, struggling to retain viability for the next twenty years, and fighting to keep the family together throughout. Matalon rose to wealth and prominence through his talent for numbers, his innovative ideas, and his extraordinary emotional intelligence. He was one of Prime Minister Michael Manley’s closest confidantes, in and out of power, and he advised every Jamaican premier and prime minister from Norman Manley to Bruce Golding, with only one exception. That one exception resulted in a sidelining that had a blowback that set Jamaica back decades and that sealed his family’s business’s fate. This is a story of race, class, and power in postcolonial Jamaica. Through the lens of Mayer Matalon’s life, the book outlines Jamaica’s political and economic trajectory over the sixty years before and after independence. This biography peels back the surface layers of the many citations and public accolades, and goes beyond the often uninformed speculation on the Matalons’ beginnings, revealing in rich detail the unusual life of an extraordinary Jamaican.
A study of the Victorian Anglo-Jewish ruling elite, the 'Cousinhood', and of its economic, political, and Jewish interests. Daniel Gutwein challenges the current monolithic image of the Cousinhood.
This deeply informed biography of Walther Rathenau (1867-1922) tells of a man who—both thoroughly German and unabashedly Jewish—rose to leadership in the German War-Ministry Department during the First World War, and later to the exalted position of foreign minister in the early days of the Weimar Republic. His achievement was unprecedented—no Jew in Germany had ever attained such high political rank. But Rathenau's success was marked by tragedy: within months he was assassinated by right-wing extremists seeking to destroy the newly formed Republic. Drawing on Rathenau's papers and on a depth of knowledge of both modern German and German-Jewish history, Shulamit Volkov creates a finely drawn portrait of this complex man who struggled with his Jewish identity yet treasured his “otherness.” Volkov also places Rathenau in the dual context of Imperial and Weimar Germany and of Berlin's financial and intellectual elite. Above all, she illuminates the complex social and psychological milieu of German Jewry in the period before Hitler's rise to power.