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The only convincing reason I know of is that while from the middle ages onwards, Christians (and Muslims) were banned in the bible from issuing loans with payab
by Tycho 15y ago
The only convincing reason I know of is that while from the middle ages onwards, Christians (and Muslims) were banned in the bible from issuing loans with payable interest, the book of Deuteronomy had a get-out clause for Jews: they were only barred from issuing such loans to their 'brothers. ie. eachother
This would have three logical consequences: Jewish people becoming masters of finance; Jewish people helping their own community over others; and Jewish people obtaining all the disrepute that comes with being a loan shark. You can see how all 3 things would breed resentment/jealousy from other ethnic groups.
Shakespeare's The Merchant of Venice cuts to the heart of the matter. Shylock offers the financing needed by the protagonists - but such financing by necessity comes with brutal collateral ('a pound of flesh'). People see the heartless lender exacting payment, but not the underlying laws of economics.