WEBVTT 1 00:00:00.000 --> 00:00:10.240 Okay, uh yes, uh, thank you Germany. 2 00:00:10.320 --> 00:00:13.400 And I know it's the beginning of friends that you 3 00:00:13.480 --> 00:00:16.600 can't do it more often with more people, uh not 4 00:00:16.760 --> 00:00:19.280 the Republicity than all the rest. But they think it's 5 00:00:19.399 --> 00:00:21.600 it's a start. Somebody has to do to stop the 6 00:00:21.839 --> 00:00:31.879 force of a pioneers to start that help stop the 7 00:00:31.920 --> 00:00:34.079 activities of the eight run Institue in Germany. 8 00:00:34.079 --> 00:00:41.520 And thank you, thank you for coming, thank you, thank 9 00:00:41.560 --> 00:00:45.280 you for having me. And uh uh the topic has, 10 00:00:45.359 --> 00:00:48.159 as we said, is is anti Semitism and anti capitalism. 11 00:00:48.240 --> 00:00:50.560 And I'll I'll leave plenty of time for for questions 12 00:00:50.560 --> 00:00:53.479 for everybody. Uh, but I wanna start with a quote, 13 00:00:53.560 --> 00:00:55.920 so I want you to tell me who you think 14 00:00:56.840 --> 00:01:03.119 said the following. What is the secular basis of Judaism 15 00:01:04.400 --> 00:01:09.719 practical need, self interest? What is the worldly religion of 16 00:01:09.760 --> 00:01:17.760 the jew huckstering? What is this worldly god money? What 17 00:01:18.040 --> 00:01:23.200 in itself was the basis of the Jewish religion practical 18 00:01:23.280 --> 00:01:29.079 need egoism? The god of practical need and self interest 19 00:01:29.640 --> 00:01:34.799 is money. Money is the jealous god of Israel, in 20 00:01:34.920 --> 00:01:38.680 face of which no other god may exist. Money degrades 21 00:01:38.879 --> 00:01:42.760 all the gods of man and turns them into commodities. 22 00:01:43.359 --> 00:01:46.799 Money is the universal, self established value of all things. 23 00:01:47.200 --> 00:01:50.640 It has therefore robbed the whole world, both the world 24 00:01:50.680 --> 00:01:54.640 of men and nature of its specific value. Money is 25 00:01:54.680 --> 00:01:58.879 the estranged essence of man's work and man's existence, and 26 00:01:59.000 --> 00:02:02.400 this alien espence since dominates him and he worships it. 27 00:02:03.480 --> 00:02:07.200 The God of the Jews has become secularized and has 28 00:02:07.239 --> 00:02:12.439 become the god of the world. The Bill of exchange 29 00:02:13.360 --> 00:02:17.400 is the real god of the Jews. The chimerical nationality 30 00:02:17.400 --> 00:02:21.240 of the jew is the nationality of the merchant, of 31 00:02:21.319 --> 00:02:26.759 the man of money in general. Now, who do you 32 00:02:26.759 --> 00:02:35.159 think wrote that? Cormax? Cormax's first published essay was Under 33 00:02:35.240 --> 00:02:43.039 Jewish Question, published in eighteen forty three, and Cormas, who 34 00:02:43.360 --> 00:02:49.199 is a child his father converted from Judaism to Christianity, 35 00:02:49.919 --> 00:02:53.560 comes from a long line of a very well established 36 00:02:54.919 --> 00:03:00.960 German Jewish family. CarMax, in his first essay published essay 37 00:03:01.639 --> 00:03:07.560 basically links Jews with self interest. He links Jews with money, 38 00:03:08.120 --> 00:03:11.400 He links Jews with capitalism. The essay you can find 39 00:03:11.400 --> 00:03:14.800 it online. I think it's Marx dot org, and you 40 00:03:14.840 --> 00:03:17.240 can find all of Marxist stuff online. You can find 41 00:03:17.280 --> 00:03:21.560 the es online fascinating read, but it reads like an 42 00:03:21.599 --> 00:03:27.199 anti Semitic screed. He is constantly putting down Jews, and 43 00:03:27.240 --> 00:03:29.639 he says, part of the problem in the world is 44 00:03:29.639 --> 00:03:33.159 that Christians have become Jewish. And what does he mean 45 00:03:33.199 --> 00:03:39.400 by that? He manamsact, Christians now have become capitalists. Capitalism 46 00:03:39.439 --> 00:03:43.159 is the real evil. The Jews represent capitalism. Therefore we 47 00:03:43.199 --> 00:03:48.680 almost hate the Jews. This is eighteen forty three, and 48 00:03:48.719 --> 00:03:52.520 of course this is not the beginning of anti Semitism. 49 00:03:52.599 --> 00:03:57.479 Called Marx is leveraging on a long tradition going back 50 00:03:57.520 --> 00:04:01.280 really to the birth of is Christ or certainly to 51 00:04:01.400 --> 00:04:07.840 the establishment of Christianity as the official religion of the 52 00:04:07.960 --> 00:04:12.120 Roman Empire. But Carl Marx is now taking it and 53 00:04:12.199 --> 00:04:17.920 spinning it in a slightly new, more expansive direction, and 54 00:04:17.959 --> 00:04:20.759 I think dominates the conversation on the left with regard 55 00:04:20.800 --> 00:04:24.720 to Jews to this day. So I want to talk 56 00:04:24.759 --> 00:04:27.319 a little bit about kind of the origins of anti Semitism, 57 00:04:27.600 --> 00:04:31.240 particularly these origins of anta Semicism that are linked to 58 00:04:31.319 --> 00:04:37.480 economic aspects, to this connection with money and capitalism, and 59 00:04:37.519 --> 00:04:40.000 then I want to bring it to the modern day 60 00:04:40.160 --> 00:04:44.680 and to the campus demonstrations and what's happening in German cities, 61 00:04:44.720 --> 00:04:47.439 but really all of the world in terms of the 62 00:04:47.920 --> 00:04:51.079 anti Jewish sentiment that is out there, because I think 63 00:04:51.079 --> 00:04:57.680 it's they're very much connected and very much, very much linked. 64 00:04:58.879 --> 00:05:01.879 One of the reasons you who's associated with money in 65 00:05:02.000 --> 00:05:04.480 car Marx's mind, but I think in the European mind 66 00:05:04.519 --> 00:05:08.600 more broadly, certainly of the nineteenth century and the twentieth century, 67 00:05:09.920 --> 00:05:13.319 is that for much of history, for much of Western history, 68 00:05:14.000 --> 00:05:17.240 Jews were the only ones who dealt on a regular 69 00:05:17.279 --> 00:05:22.160 basis and in a systematic way with banking, with money lending. 70 00:05:23.560 --> 00:05:27.000 Christians didn't do it, or if they did it, they 71 00:05:27.079 --> 00:05:31.199 hit it. I mean, there was plenty of Christian money 72 00:05:31.279 --> 00:05:33.879 lending going on, There was plenty of Christian banking, but 73 00:05:34.000 --> 00:05:37.680 they always disguised it and hid it, whereas Jews were 74 00:05:37.720 --> 00:05:39.800 out in the open doing it. And why is this. 75 00:05:40.959 --> 00:05:44.560 There's an interesting passage in the Old Testament where God 76 00:05:44.560 --> 00:05:49.879 tells the Jews you shall not I'm paraphrasing, you shall 77 00:05:49.920 --> 00:05:54.720 not charge interest interest payment on a loan from your brother. 78 00:05:57.000 --> 00:05:59.800 So no interest. You can loan people money, but you 79 00:05:59.839 --> 00:06:02.839 can can't expect interest. You can expect the money in return, 80 00:06:02.920 --> 00:06:05.720 but nothing more. Than that. And this goes back even 81 00:06:05.759 --> 00:06:08.360 to Aristotle, who did not believe you should be able 82 00:06:08.360 --> 00:06:11.639 to charge interest on a loan. You know, money was barren. 83 00:06:12.199 --> 00:06:15.120 You can't produce money for money, and therefore there's no 84 00:06:15.959 --> 00:06:21.639 rationale for gaining interest on a loan paid. Now, Jews 85 00:06:21.680 --> 00:06:25.199 interput in what God tells them as okay, my brother 86 00:06:25.439 --> 00:06:29.319 or other Jews. But we can charge interest from non Jews. 87 00:06:29.839 --> 00:06:35.240 We can charge interest with people not our brothers. Christianity 88 00:06:35.279 --> 00:06:41.000 comes around, and Christianity is a universalist religion. Christianity has 89 00:06:41.040 --> 00:06:48.839 the perspective, well, all humanity is our brother and therefore 90 00:06:49.680 --> 00:06:56.240 we can't charge interests from anybody. So interest on a 91 00:06:56.360 --> 00:07:00.800 loan the very basic transaction in finance, right, the very 92 00:07:00.879 --> 00:07:06.120 basic transaction in capital formation, in any kind of building 93 00:07:06.160 --> 00:07:11.879 of an enterprise, That basic transaction is banned by Christianity. Indeed, 94 00:07:12.120 --> 00:07:17.759 it's considered a mortal sin. Money lenders are considered people 95 00:07:17.759 --> 00:07:21.920 who go to hell. In Dante's Inferno, the money lenders 96 00:07:22.000 --> 00:07:24.800 in the seventh throng of Hell with a bag of 97 00:07:24.800 --> 00:07:27.560 money around the bag of gold, right, money around his neck, 98 00:07:27.759 --> 00:07:30.519 dragging him down into the fire to make sure he 99 00:07:30.600 --> 00:07:36.160 gets really bods. Well, if you remember if you've read, 100 00:07:36.959 --> 00:07:41.360 if you've read Shakespeare The Merchant of Venice, one of 101 00:07:41.519 --> 00:07:45.360 Shakespeare's great plays. The villain of the Merchant of Venice 102 00:07:45.360 --> 00:07:48.759 a Shylock who is a Jewish money lender. He lends 103 00:07:48.759 --> 00:07:53.240 money and charges interest. The hero, the good guy in 104 00:07:53.279 --> 00:07:56.160 the Merchant of Venice, is a Christian money lender who 105 00:07:56.319 --> 00:08:01.519 lends money and does not charge any interest. Planes about 106 00:08:01.720 --> 00:08:05.360 how greedy and awful and horrible Shylock is because he 107 00:08:05.480 --> 00:08:08.399 dares to charge interest. How dare you? This is completely 108 00:08:08.480 --> 00:08:11.560 unacceptable and it's a sign of your people, of the 109 00:08:11.600 --> 00:08:13.920 greed of your people. It's a very anti Semitic play, 110 00:08:14.279 --> 00:08:16.879 if you you know, if you read it, sometimes it's 111 00:08:17.079 --> 00:08:19.480 they cut out in the place some of the sections, 112 00:08:19.639 --> 00:08:22.839 But if you read the original, Shakespeare is clearly picking up. 113 00:08:23.279 --> 00:08:26.240 By the way, Shakespeare never met a Jew, because in 114 00:08:26.319 --> 00:08:30.920 Shakespeare's time, Jews were banned from England. They'd been kicked 115 00:08:30.920 --> 00:08:32.679 out of England for two hundred years. There were no 116 00:08:32.720 --> 00:08:37.080 Jews in England to some extent because of this phenomena 117 00:08:37.240 --> 00:08:40.360 of lending money. So think about think about the Christian 118 00:08:41.600 --> 00:08:44.279 So just one more thing, you know, if you think 119 00:08:44.279 --> 00:08:47.799 about the Medici banks, and you think about like Lake 120 00:08:47.840 --> 00:08:52.080 medieval Renaissance banking, and you think about Christians lending money. 121 00:08:53.039 --> 00:08:56.320 They don't charge interest. They come up with all kinds 122 00:08:56.320 --> 00:09:00.840 of loopholes to find ways to charge the equivalent of interest, 123 00:09:01.080 --> 00:09:03.399 but they call it something different. Just like who does 124 00:09:03.440 --> 00:09:07.879 that today? What banks in the world? I don't know 125 00:09:07.879 --> 00:09:10.960 if you guys know, do exactly that today? They don't 126 00:09:11.080 --> 00:09:16.399 charge and they don't give interest. Islamic banks, Islamic banks. 127 00:09:16.440 --> 00:09:17.919 If you go to the Middle East, you don't get 128 00:09:18.039 --> 00:09:20.600 interest on your checking account or your saving accounts. You 129 00:09:20.679 --> 00:09:23.320 get dividends or you get some other thing, but you 130 00:09:23.320 --> 00:09:27.000 don't get interest because interest is banned in Islam, just 131 00:09:27.039 --> 00:09:29.120 like it was man in Christianity. It's just like this 132 00:09:29.279 --> 00:09:35.519 band among Jews, supposedly in Judaism. So the Medici banks 133 00:09:36.120 --> 00:09:42.159 functioned like an Islamic bank functions today, providing returns but 134 00:09:42.240 --> 00:09:47.360 never interested. Interest only became okay based on a Catholic 135 00:09:47.440 --> 00:09:51.799 church stop being a mortal sin in the late nineteenth century. 136 00:09:53.159 --> 00:09:54.960 And at the same time, at about the same time 137 00:09:55.000 --> 00:09:58.960 during the nineteenth century, they separated out two concepts. Suddenly 138 00:09:59.000 --> 00:10:02.120 there was a concept of interest on the concept of usury. 139 00:10:03.159 --> 00:10:07.799 Interest being regularly charged interest that we all participate in. 140 00:10:08.919 --> 00:10:12.559 You know that the market determines, but is capped by 141 00:10:12.600 --> 00:10:16.639 something reasonable that the authorities think is okay. And usury 142 00:10:16.799 --> 00:10:21.600 being excessive interest, and usury is still banned in the 143 00:10:21.679 --> 00:10:24.919 United States. Many states in the US have usury laws. 144 00:10:25.399 --> 00:10:27.360 I don't know if you have usury laws here in Europe. 145 00:10:27.720 --> 00:10:30.519 I wouldn't be surprised if you do. Actually, one of 146 00:10:30.559 --> 00:10:34.240 Donald Trump's proposals, which Bernie Sanders, if you know Bernie 147 00:10:34.240 --> 00:10:38.039 Sanders is the left wing, far left wing senator, agree on, 148 00:10:38.120 --> 00:10:41.279 and they said they're going to work together is to 149 00:10:41.480 --> 00:10:46.559 cap interest rates on credit cards because the credit card 150 00:10:46.799 --> 00:10:50.759 interest rates are usurus right, They're too high, so they 151 00:10:50.799 --> 00:10:52.440 want to cap them. I think a ten percent or 152 00:10:52.480 --> 00:10:56.240 something like that. We can talk about why that's a really, 153 00:10:56.320 --> 00:10:58.840 really bad idea, but I think this group pretty much 154 00:10:59.000 --> 00:11:05.120 knows the answer to that. So during this period of 155 00:11:05.399 --> 00:11:09.879 almost two thousand years, Jews were the only legitimate, if 156 00:11:09.879 --> 00:11:13.679 you will, money lenders. According to their religion, it was 157 00:11:13.720 --> 00:11:16.840 okay for them to charge interest to the Christians. The 158 00:11:16.919 --> 00:11:20.200 Christians needed capital, They needed money to go to wars, 159 00:11:20.360 --> 00:11:23.480 to start businesses, to do a variety of different activities 160 00:11:23.519 --> 00:11:27.519 that we all engage in using credit, and they had 161 00:11:27.519 --> 00:11:29.879 to go to the Jew to get the money. So 162 00:11:30.000 --> 00:11:33.559 think about that relationship and how well that relationship developed. 163 00:11:33.639 --> 00:11:39.519 Right that to go to somebody for money pay them 164 00:11:39.559 --> 00:11:43.679 interest something that they, as Christians believed was a mortal 165 00:11:43.799 --> 00:11:49.639 sin committed by this other person. They had to develop 166 00:11:49.720 --> 00:11:57.600 resentments and hatreds towards the Jew as acting money lender. Indeed, 167 00:11:58.080 --> 00:12:01.320 a number of times it's it's been well documented that 168 00:12:01.360 --> 00:12:04.240 a number of times the programs where whole Jewish communities 169 00:12:04.279 --> 00:12:08.200 were wiped out were basically wiped out because the prince 170 00:12:09.960 --> 00:12:11.879 owed a lot of money to the Jewish money lander. 171 00:12:12.679 --> 00:12:16.240 And one way to not have to pay your debts 172 00:12:16.679 --> 00:12:19.440 is to kill the banker. So if you wipe out 173 00:12:19.440 --> 00:12:21.440 the bankers, and you wipe out his books and they 174 00:12:21.440 --> 00:12:24.480 always conveniently get burnt, then you don't have to pay 175 00:12:24.519 --> 00:12:27.600 back the debts. In York, in England, there's a famous 176 00:12:27.639 --> 00:12:31.519 massacre of Jews which is basically oriented towards wiping out 177 00:12:31.519 --> 00:12:35.039 the debts of the local prince. But the same is 178 00:12:35.039 --> 00:12:38.759 true in continental Europe on several occasions. This is well documented. 179 00:12:40.440 --> 00:12:43.960 So during this entire period, there's this relationship that develops 180 00:12:43.960 --> 00:12:48.159 between Christians and Jews. That is already complicated, right, because 181 00:12:48.200 --> 00:12:51.919 the Catholic Church basically do you know why Catholics tolerate Jews? 182 00:12:51.919 --> 00:12:58.519 According to Augustine, so there were certain early Christian thinkers 183 00:12:58.519 --> 00:13:01.960 that said, should just wipe out the Jews. They're bad 184 00:13:02.000 --> 00:13:05.799 people because they witnessed Christ. They were there when Christ appeared, 185 00:13:06.759 --> 00:13:09.440 and they still don't accept it, so we just should 186 00:13:09.480 --> 00:13:12.320 kill them. And Augustine said, no, no, no, we shouldn't kill them. 187 00:13:13.080 --> 00:13:18.240 We should keep them alive for us to witness what 188 00:13:18.399 --> 00:13:21.320 happens when you don't accept Christ. That is, we need 189 00:13:21.360 --> 00:13:24.159 to keep them in misery. We need to keep them poor, 190 00:13:24.919 --> 00:13:27.879 we need to keep them suffering so that we as 191 00:13:27.960 --> 00:13:31.519 Christians could look and see, Yes, this is what happens 192 00:13:31.559 --> 00:13:36.960 to a people who don't accept Jesus Christ. It's testimony 193 00:13:37.120 --> 00:13:40.399 that reinforces our faith. This is, by the way, some 194 00:13:40.480 --> 00:13:42.480 of the origin of the ghetto. The ghetto is meant 195 00:13:42.799 --> 00:13:45.360 to concentrate all the Jews in one place so that 196 00:13:45.360 --> 00:13:50.039 the Christians could easily observe the horror of being a Jew, 197 00:13:50.120 --> 00:13:54.279 the horror of not accepting Jesus Christ as one's savior. 198 00:13:56.799 --> 00:14:01.159 So again, There are many causes of this kind of 199 00:14:01.200 --> 00:14:05.559 anti Semitism, going back to the acceptance of Jesus or not, 200 00:14:05.720 --> 00:14:10.279 but there is a suddenly an economic one related to 201 00:14:10.320 --> 00:14:13.679 this idea of usury and related to the fact that 202 00:14:13.720 --> 00:14:18.639 the Jews become bankers, and banking is a can be 203 00:14:19.240 --> 00:14:22.440 a relatively profitable business, so Jews do at least the 204 00:14:22.440 --> 00:14:24.360 ones who go into the money lending do quite well, 205 00:14:26.000 --> 00:14:30.679 and as a culture we've always resented the people who 206 00:14:30.960 --> 00:14:37.879 do well. You know, there are various again teachings where 207 00:14:37.879 --> 00:14:43.519 the Christian or secular that tell us that success in 208 00:14:43.600 --> 00:14:50.360 business is motivated by self interest, which leads to greed, 209 00:14:51.000 --> 00:14:54.279 and self interest to greed are bad motivations. They evil 210 00:14:54.320 --> 00:14:57.360 in and of themselves, and therefore they should be rejected. 211 00:14:58.120 --> 00:15:01.480 So Jews the whole there's a whole building up of 212 00:15:01.519 --> 00:15:06.480 anti Semitism around this idea. The Jews are successful, they're 213 00:15:06.480 --> 00:15:10.600 getting rich. They also become the merchants, so because they're 214 00:15:10.600 --> 00:15:13.679 not a lot of own property, they become traders, so 215 00:15:13.759 --> 00:15:18.200 they become middlemen, and again middleman just like money lenders. 216 00:15:18.759 --> 00:15:22.919 What's the productive role of a banker? For hundreds of years, 217 00:15:23.039 --> 00:15:26.279 nobody could really answer that question, really until the eighteenth century, 218 00:15:26.480 --> 00:15:29.519 economists didn't really have a good answer to what is 219 00:15:29.559 --> 00:15:32.759 the productive role of banking? What is the productive role 220 00:15:32.799 --> 00:15:35.360 of a middleman? He seems like he's just taking a 221 00:15:35.360 --> 00:15:37.960 little bit, you know, he's just take adding profit, he's 222 00:15:37.960 --> 00:15:41.720 adding cost to the products. But again, a proper economic 223 00:15:41.799 --> 00:15:45.559 understanding of a merchant, of a middleman is something that 224 00:15:45.600 --> 00:15:48.960 again only develops with the Scholastics and of course leader 225 00:15:49.000 --> 00:15:53.080 Adam Smith and so on. But that's late. So there 226 00:15:53.159 --> 00:15:57.279 is a culture of resentment towards these people who trade 227 00:15:57.320 --> 00:16:03.200 in goods and then trade in even worse in money. 228 00:16:04.000 --> 00:16:06.960 And to logic extent, we in the model world have 229 00:16:07.039 --> 00:16:10.840 inherited that resent I mean, when was the last time 230 00:16:10.879 --> 00:16:14.919 an economic crisis happened that we did not blame on bankers. 231 00:16:15.879 --> 00:16:19.080 We blame every economic crisis on bankers before we even 232 00:16:19.120 --> 00:16:21.200 know what caused the crisis. We know it's the bankers, 233 00:16:21.240 --> 00:16:24.080 right to Wall Street. Wall Street causes everything. So what 234 00:16:24.159 --> 00:16:32.120 caused the the what caused the the Great recession in 235 00:16:32.120 --> 00:16:35.279 two thousand and eight. I remember in two thousand and eight, 236 00:16:35.279 --> 00:16:38.720 before anybody did any analysis, anybody could think about what 237 00:16:38.879 --> 00:16:42.080 actually happened and what was going on. Everybody knew it 238 00:16:42.120 --> 00:16:44.960 was Wall Street caused it was greed on Wall Street. 239 00:16:46.600 --> 00:16:49.559 Greed on Wall Street caused the Great Financial Crisis in 240 00:16:49.559 --> 00:16:52.799 two thousand and eight. I was like to ask people 241 00:16:53.159 --> 00:16:56.399 who advocate for that view, if there was greed on 242 00:16:56.440 --> 00:16:59.919 was Stet in two thousand and one and two and three, 243 00:17:00.120 --> 00:17:02.440 why did greed and varsity just invent itself in two 244 00:17:02.480 --> 00:17:05.400 thousand and seven and suddenly cause the crisis? As far 245 00:17:05.440 --> 00:17:08.240 as I know, if greed is the wanting of more, 246 00:17:09.160 --> 00:17:11.319 then there's always been greed on Wall Seet. The whole 247 00:17:11.480 --> 00:17:17.880 place functions on wanting more on greed. We could analyze 248 00:17:17.880 --> 00:17:20.720 the causes of the financial crisis. I've done that. There's 249 00:17:20.759 --> 00:17:23.519 an eight hour course online on YouTube for free that 250 00:17:23.559 --> 00:17:25.240 you could take if you're interested in my view and 251 00:17:25.279 --> 00:17:28.799 what caused the financial crisis? It wasn't Wall Street. And indeed, 252 00:17:28.880 --> 00:17:31.119 twenty years from now, I don't think any economist will 253 00:17:31.119 --> 00:17:34.880 believe it was Wall Street anymore than anybody an economist, 254 00:17:34.920 --> 00:17:39.400 really serious economists. I don't consider Paul Kogman one of those, 255 00:17:39.599 --> 00:17:42.880 but any serious economists I don't think believes that the 256 00:17:42.880 --> 00:17:45.880 Great Depression was caused by Wall Street. By the Stockman 257 00:17:45.920 --> 00:17:48.039 could collapse anymore. Right, there was a period in which 258 00:17:48.079 --> 00:17:51.000 they all thought that, and the instinctual response right after, 259 00:17:51.079 --> 00:17:54.119 when we were in the Great Depression was what regulate 260 00:17:54.160 --> 00:17:56.599 wall Street? Wall Street caused this. This is all bankers, 261 00:17:57.599 --> 00:18:03.480 This is all finance. There's something about finance that causes 262 00:18:03.559 --> 00:18:06.319 the particular mistrust that today we know that the causes 263 00:18:06.359 --> 00:18:08.480 of the Good Depression are much more complex than just 264 00:18:08.480 --> 00:18:11.400 blaming greed of the bankers, and the primary cause of 265 00:18:11.400 --> 00:18:14.519 the Great Depression, just like the primary cause of the 266 00:18:14.519 --> 00:18:19.519 Great Recession was monetary policy by the Federal Reserve and 267 00:18:19.759 --> 00:18:23.839 physical policy by the federal government. And because it's you know, 268 00:18:23.920 --> 00:18:27.200 relevant these days, tariffs played a big role in the 269 00:18:27.240 --> 00:18:35.319 Great Depression and Smooth Holly in the nineteen thirties. So 270 00:18:35.359 --> 00:18:38.319 our tendency is always to be in the bankers, and 271 00:18:38.359 --> 00:18:42.160 the bankers even to this day, tend to be Jews, 272 00:18:43.720 --> 00:18:49.279 and those are linked, those are linked in people psyche. 273 00:18:50.440 --> 00:18:53.960 So I'd say a resentment towards finance, or resentment to 274 00:18:54.000 --> 00:19:01.880 its success economically is directly tied to resentment of Jews, 275 00:19:02.400 --> 00:19:05.640 more broadly to anti Semitism. And of course, I think 276 00:19:05.640 --> 00:19:11.400 in modern times this has gained even a grada and 277 00:19:11.440 --> 00:19:14.400 this is what's going on on campuses in a sense 278 00:19:14.400 --> 00:19:17.160 of greater depth because now it has what they would 279 00:19:17.240 --> 00:19:22.680 consider some philosophical backing. So, you know, let's take a 280 00:19:22.680 --> 00:19:25.920 step back and think about what these kids are being 281 00:19:26.000 --> 00:19:30.720 taught at our universities. What it's the standard moral code 282 00:19:31.240 --> 00:19:34.240 that the culture accepts, that it's just acceptable in the 283 00:19:34.359 --> 00:19:39.440 entire culture that everybody, everybody kind of manifests. The common 284 00:19:39.480 --> 00:19:44.480 moral code is a mal code of what of altruism, 285 00:19:44.519 --> 00:19:48.319 of the idea that the individual's moral responsibility is to 286 00:19:48.400 --> 00:19:52.240 sacrifice for fill in the blank, right, the group, the god, 287 00:19:52.400 --> 00:19:57.559 the sack, the religion, something. But to be moral is 288 00:19:57.599 --> 00:19:59.960 to be self lessed, I mean, moral is to sacrifice 289 00:20:00.119 --> 00:20:08.599 for something outside of you. Altruism, other ism. Well, I 290 00:20:08.640 --> 00:20:14.440 think the postmodern left, the left that is teaching at 291 00:20:14.480 --> 00:20:17.759 our universities today, takes this idea very seriously. As I 292 00:20:17.759 --> 00:20:23.319 think this idea is travel through history and really being 293 00:20:23.400 --> 00:20:26.880 almost never challenged. You know, you can think of the 294 00:20:26.960 --> 00:20:29.920 number of philosophers challenging the idea that the mall purpose 295 00:20:30.000 --> 00:20:32.920 of life is to sacrifice for others. You can probably 296 00:20:33.079 --> 00:20:37.079 name two or three philosophers in entire history of the 297 00:20:37.160 --> 00:20:40.559 last two thousand years. Who challenges that idea. Well, the 298 00:20:40.559 --> 00:20:44.000 plus monitors take this very seriously and they say, okay, 299 00:20:44.400 --> 00:20:49.680 we should sacrifice for other people. Who should we sacrifice for? Well, 300 00:20:49.720 --> 00:20:53.039 it makes use the sacrifice people who need it. So 301 00:20:53.319 --> 00:20:58.000 need is the standard by which we should sacrifice. So 302 00:20:58.039 --> 00:21:00.599 if you the more you need it, the more we 303 00:21:00.599 --> 00:21:04.480 should sacrifice to you. And what you have today. Is 304 00:21:04.799 --> 00:21:07.000 a theory that has been coined in the United States. 305 00:21:07.039 --> 00:21:08.839 I think it's come to Europe. I think it's kind 306 00:21:08.839 --> 00:21:13.960 of filtered into Europe. It's called intersectionality. Intersectionality, and the 307 00:21:13.960 --> 00:21:16.720 idea here is that we should look at every individual 308 00:21:17.559 --> 00:21:21.720 and figure out, in a sense, how needy are they, 309 00:21:22.880 --> 00:21:25.640 and much of their neediness comes from the group that 310 00:21:25.640 --> 00:21:29.200 they belong to. So, if you're black in the United States, 311 00:21:29.920 --> 00:21:33.279 you're very needy because your ancestors were slaves. So and 312 00:21:33.319 --> 00:21:36.759 you're still and you're still poor, probably like most I 313 00:21:36.759 --> 00:21:39.119 don't know, I wouldn't say most, but you know, a 314 00:21:39.200 --> 00:21:41.640 significant percentage of the black population in the United States. 315 00:21:41.640 --> 00:21:47.319 It's a relatively poor and therefore deserving of our sacrifice. 316 00:21:47.440 --> 00:21:51.680 Makes them good. And then the intersectionality comes in is 317 00:21:51.720 --> 00:21:55.920 if you're black and gay or if you're black and 318 00:21:55.960 --> 00:21:59.640 trans even better. Right. That is, the more of a 319 00:22:00.240 --> 00:22:03.440 what's called the oppressed group you are, the more needy 320 00:22:03.480 --> 00:22:06.759 you are, the more we should sacrifice for you. The 321 00:22:06.759 --> 00:22:09.519 more elevated you become a kind of a molo hierarchy. 322 00:22:10.000 --> 00:22:12.319 And the hierarchy is really who should sacrifice to whom. 323 00:22:13.319 --> 00:22:16.000 Those who have should always sacrifice to those who haven't. 324 00:22:16.440 --> 00:22:19.680 But now it's not just about money, it's about every dimension. 325 00:22:19.720 --> 00:22:22.480 It's about cutting up the groups and figuring out what 326 00:22:22.519 --> 00:22:26.240 group you know has and what group hasn't, and sacrificing 327 00:22:26.240 --> 00:22:29.319 the haves to they have not, which again has a 328 00:22:29.440 --> 00:22:32.880 very very long tradition, sacrificing the haves that they have 329 00:22:32.960 --> 00:22:37.519 not from each according to his from each according to 330 00:22:37.519 --> 00:22:40.400 his ability, to each according to his need. Right, it's 331 00:22:40.440 --> 00:22:45.680 basically the same idea. If you divide human beings like this. 332 00:22:45.960 --> 00:22:50.000 If you take your group belonging and you figure out 333 00:22:50.039 --> 00:22:53.160 if your group is generally oppressed or not, and you 334 00:22:53.240 --> 00:22:57.400 place people in this hierarchy and this pyramid of neediness 335 00:22:57.519 --> 00:23:03.039 of oppression, what you find is so groups are particularly 336 00:23:03.079 --> 00:23:07.799 needy and therefore deserving of sacrifice, and they're the good guys, minorities, 337 00:23:08.119 --> 00:23:12.839 whether they're minorities of ethnic groups, or minorities that have 338 00:23:12.920 --> 00:23:17.400 to do with sexuality, or people who are poor, or 339 00:23:17.440 --> 00:23:22.279 any primarily any combination of those. And then you've got 340 00:23:22.279 --> 00:23:30.039 groups who are successful and doing well, and those groups 341 00:23:31.119 --> 00:23:34.839 must be sacrificed to the other groups, to each from 342 00:23:34.920 --> 00:23:39.559 each according to his ability, ability reflected on how well 343 00:23:39.640 --> 00:23:42.079 things are going for you, to each according to your need, 344 00:23:42.240 --> 00:23:45.799 depending on how And then, of course, if you believe 345 00:23:45.839 --> 00:23:48.839 in a kind of a zero sum world, there's much 346 00:23:48.920 --> 00:23:51.920 of what's being taught in our university does then if 347 00:23:52.240 --> 00:23:54.200 some people have a lot and other people have a 348 00:23:54.200 --> 00:23:57.880 little bit, then some people have a lot because of 349 00:23:57.960 --> 00:24:01.880 what because they've obviously taking it from other people. There's 350 00:24:01.920 --> 00:24:05.720 a wealth creation. So if it's your some world, if 351 00:24:05.720 --> 00:24:07.240 I have a lot, I must have taken it from 352 00:24:07.240 --> 00:24:11.279 somebody who doesn't have a lot. So again it fits 353 00:24:11.279 --> 00:24:15.559 into this higher chy of some groups are pressers exploiters, 354 00:24:16.119 --> 00:24:21.519 and other groups are oppressed and being exploited, and it's 355 00:24:21.559 --> 00:24:26.119 a group thing. Each individual is slotted into the particular 356 00:24:26.160 --> 00:24:30.599 groups that he belongs to, supposedly, and then we're supposed 357 00:24:30.640 --> 00:24:32.880 to give them all credit. I'm all blame based on 358 00:24:32.880 --> 00:24:38.519 where you fall on it. Now, think about Israel and 359 00:24:38.559 --> 00:24:43.559 the Palestinians. For example, where did the Palestinians. Where did 360 00:24:43.559 --> 00:24:49.640 the Palestinians fall on this pyramid of need? Right, Well, 361 00:24:49.640 --> 00:24:55.039 they're poor, they don't have a state, they're politically homeless. 362 00:24:56.160 --> 00:24:59.799 They seem to be suffering, and therefore they are the needy. 363 00:25:00.000 --> 00:25:01.799 They are the ones that should be sacrificed the wards, 364 00:25:01.960 --> 00:25:05.680 and therefore they must be virtuous. The meek shall inherit 365 00:25:05.720 --> 00:25:09.440 the earth. Right. And where do the Jews fall in 366 00:25:09.480 --> 00:25:15.079 this particular Israel? Well, they're relatively rich, incredibly successful, they're 367 00:25:15.119 --> 00:25:20.119 super strong. They must be the pressers, they must be 368 00:25:20.160 --> 00:25:22.720 the bad guys, and they must be sacrificed for the 369 00:25:22.759 --> 00:25:26.279 sake of the needy. And it's not just Israel and Palestinians, 370 00:25:26.279 --> 00:25:29.440 it's also Jews, because Jews in America are very successful. 371 00:25:29.839 --> 00:25:32.319 They've made a lot of money, many of them are bankers. 372 00:25:34.200 --> 00:25:38.279 Therefore they must be their presses, they must be the 373 00:25:38.319 --> 00:25:42.839 people who need to be sacrificed. So it's kind of 374 00:25:42.880 --> 00:25:46.960 the same old story. Now given this modern guise of intersectionality, 375 00:25:47.839 --> 00:25:52.720 postcolonial theory, identitarianism, all these fancy words that the modern 376 00:25:52.799 --> 00:25:56.880 left is created in order to explore these ideas and 377 00:25:56.920 --> 00:26:01.319 to apply this altruism, this morality of from Meach according 378 00:26:01.319 --> 00:26:03.440 to his ability due to coarding the needs in a 379 00:26:03.480 --> 00:26:08.559 modern context and kind of make it more scientific, we 380 00:26:08.559 --> 00:26:10.759 can now figure out exactly who should be sacrificed to 381 00:26:10.799 --> 00:26:13.759 whom and how much we should how much they should sacrifice. 382 00:26:14.480 --> 00:26:16.720 And then for the antagonism towards Jews in America, it 383 00:26:16.759 --> 00:26:20.440 is because they're successful, it's because they've done well, it's 384 00:26:20.480 --> 00:26:24.039 because they're strong. Antagonism towards Israel is exactly the same. 385 00:26:26.440 --> 00:26:31.200 You can see this with Israel in Europeans, in particular 386 00:26:32.920 --> 00:26:36.799 in a shift that happened in nineteen sixty seven. Before 387 00:26:36.880 --> 00:26:42.680 nineteen sixty seven, Europe loved Israel. I mean, they really 388 00:26:42.759 --> 00:26:45.799 loved Israel. They supplied it with weapons and financially. You know, 389 00:26:46.039 --> 00:26:50.720 the United States had an arms embargo on Israel from 390 00:26:50.799 --> 00:26:53.480 nineteen forty eight until nineteen sixty seven. The United States 391 00:26:53.559 --> 00:26:56.519 did not sell a single piece of weaponry. Jiseruel and 392 00:26:56.640 --> 00:26:59.079 Israel fought in nineteen sixty seven war. It folded with 393 00:26:59.160 --> 00:27:06.799 Meragi airplane, British tanks, German you know, weapons systems. Europeans 394 00:27:06.960 --> 00:27:11.599 loved Israel. Why because they were pathetic, poor suffering Jews 395 00:27:11.880 --> 00:27:16.599 who just survived the Holocaust, and now we're barely holding 396 00:27:16.640 --> 00:27:21.680 onto a country. And in nineteen sixty seven everything flipped 397 00:27:22.359 --> 00:27:26.839 because what happened. These poor, pathetic, miserable Jews were strong. 398 00:27:28.759 --> 00:27:31.920 They beat seven other Arab countries, and they won a war, 399 00:27:32.079 --> 00:27:37.480 very very quickly, and Europe flipped almost overnight, over seven nights, 400 00:27:37.519 --> 00:27:42.559 they flipped. France put an Armsimbogo in Israel immediately didn't 401 00:27:42.559 --> 00:27:46.160