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Purchasing Power
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Purchasing Power
The Economics of Modern Jewish History

Edited by Rebecca Kobrin and Adam Teller

368 pages | 6 x 9 | 6 illus.
Cloth 2015 | ISBN 9780812247305 | $69.95s | Outside the Americas £56.00
Ebook editions are available from selected online vendors
A volume in the series Jewish Culture and Contexts

"A rich collection of essays, Purchasing Power offers a wide range of innovative methodological and historiographical perspectives on Jewish economic life from the early to late modern period. The audacity of the collection is apparent in the time span it covers—from early modern Rome to the Soviet Jewry movement in 1960s-1980s America—alongside its engagement with crucial questions that 're-position economics in our understanding of the modern Jewish experience.'"—Studies in Contemporary Jewry

"Long neglected or politicized, the study of Jewish economic life at the onset of modernity has now emerged as a growing field of interest. This rich collection of essays offers a valuable addition to the existing literature and will stimulate further debates."—Francesca Trivellato, Yale University

"This is a volume that historians of early modern and late modern Jewry, as well as those with an interest in the history of commerce and of transnational political and philanthropic networks, will want to consult."—Jerry Z. Muller, The Catholic University of America

How has the ability of Jews to amass and wield power, within both Jewish and non-Jewish society, influenced and been influenced by their economic activity? Purchasing Power answers this question by examining the nexus between money and power in modern Jewish history. It does so, in its first section, by presenting a series of case studies of the ways in which the economic choices made by Jewish businessmen could bring them wealth and influence. The second section focuses on transnational Jewish philanthropic and economic networks. The discussions there reveal how the wielding of power by Jewish organizations on the world stage could shape not only Jewish society but also the international arena.

In this way, the contributors to this volume reposition economics as central to our understanding of the Jewish experience from early modern Rome to contemporary America. Its importance for the creation of the State of Israel is also examined. As the editors write: "The study of culture and identity has proved valuable and enlightening (and, in some senses, also comfortable) in understanding the complexities of Jewish history. Perhaps we should now return to the issues of the material bases for Jewish life, and the ways in which Jews have exploited them in their search for wealth and power. Our understanding of the Jewish past will be immeasurably enriched in the effort."

Contributors: Cornelia Aust, Bernard Cooperman, Veerle Vanden Daelen, Jonathan Dekel-Chen, Glenn Dynner, Abigail Green, Jonathan Karp, Rebecca Kobrin, Adam D. Mendelsohn, Derek Penslar, Adam Sutcliffe, Adam Teller, Carsten L. Wilke.

Rebecca Kobrin is Russell and Bettina Knapp Associate Professor of American Jewish History at Columbia University. She is author of Jewish Bialystok and Its Diaspora and editor of Chosen Capital: The Jewish Encounter with American Capitalism.

Adam Teller is Associate Professor of Judaic Studies and History at Brown University.

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