The academic world has been buzzing with arguments seeking to explain
the origins and mechanism of Jewish power in the modern West. The
question is rife with landmines and one side of the debate is heavily
stifled.

One theory gaining traction, promoted by figures such as Richard Hanania
and Cambridge lecturer Nathan Cofnas, is that the massive
overrepresentation of the Ashkenazi Jewish population derives from their
genetic superiority to whites in the area of intellect. This theory has
been proliferated through Jewish-owned publications of great import,
such as the New York Times, which published a piece titled “The Secrets
of Jewish Genius” by Zionist author Bret Stephens. The paper later
apologized for promoting what is effectively racial science to its angry
liberal audience, but the article has yet to be fully retracted.

The Ashkenazi IQ hypothesis has been reduced to conjecture on one front
by Dr. Kevin MacDonald, whose evolutionary theories of Jewish cohesion
were challenged by Cofnas, leading to a debate between the two men in
2021 published in the academic journal Philosophia. In 2022, Philosophia
retracted Dr. MacDonald’s defense of his theories while keeping Cofnas’
attacks — a blatant act of scale tipping irreconcilable with the spirit
of free debate.

Ron Unz, who is Jewish himself, has also published serious work refuting
claims that dramatic Jewish overrepresentation in Ivy League
universities (which are a golden ticket into the American elite) is the
product of merit or intelligence in “The Myth of American Meritocracy.”
In this work, Unz demonstrates Jewish mediocrity in intellectual
pursuits relative to their overall professional and economic positions.

More recently, Dr. Neema Parvini has written an in-depth study on the
flimsy data supporting the Ashkenazi high IQ thesis, effectively
refuting all of it on the grounds of lack of convincing replication,
shoddy methodology, and in some cases, such as Dr. Richard Lynn’s 2004
“The Intelligence of American Jews,” effectively making it up.

On its face, the hypothesis promoted by Cofnas, Hanania, Stephens and
others is weakly supported when looking at control groups. We will use
Asians, rather than whites, in order to control for this author’s
potential personal biases.

If inherited intelligence, high educational attainment and overall merit
alone explain relative influence among the American elite, why are East
Asians — who proponents of the Ashkenazi IQ theory all agree have the
highest IQs of all the races in the world — broadly absent from American
power junctions such as politics, finance and asset management, law and
media?

The total East Asian population (Chinese, Koreans, Japanese, Taiwanese,
etc) is higher than that of Jews in the United States. According to US
federal work force data, Asians are drastically overrepresented in
professional jobs (12% of the total work force), yet are less likely to
be promoted to corporate management positions than both blacks and
mixed-race Spanish speakers. Some may explain this as a problem of the
Affirmative Action regime, but then, why are Jewish capitalists so
heavily represented despite being legally categorized as “white,” the
most discriminated group of all?

In the realm of asset management — the world of real estate, private
equity, hedge funds and other important sources of money and power in
the Jewish community — the disparities between the smart Asians and Jews
are even more stark. The entire population of Asians in America (5.6%)
control a mere 2.4% of asset management firms, and within that, manage a
nanoscopic 0.3% of all assets, despite studies showing that these
companies are better managed than non-Asian owned competitors.

Compare this to just one major Jewish asset management firm, Larry
Fink’s Blackrock, which enjoys a special plutocratic relationship with
the Federal Reserve. Fink alone manages close to $10 trillion dollars,
despite requiring bailouts from around the world due to episodes of
mismanagement.

It is unsurprising then that among major billionaire donors to the
Democratic or Republican parties, where Jews working in asset management
industries (money that is “easy-come-easy-go”) are 50% or more of major
patrons, the American political structure is highly responsive to the
capricious whims of the state of Israel while simultaneously targeting
China with trade wars and a geopolitical challenge in Taiwan.

We can see the same dynamic in other fields, such as the elite
university system. This power was put on display recently in the
humiliating sacking of Claudine Gay from Harvard University and Liz
Magill from the University of Pennsylvania (the few non- Jewish
presidents of Ivy League schools) in response to protestations by Jewish
hedge fund and venture capitalist donors over their supposed toleration
of anti-Israel student protests on their respective campuses.

In the sphere of non-governmental organizations, which exercise enormous
power in the United States and throughout its satellite states around
the world, Wall Street “philanthropy” rules the roost. George Soros is
the most famous example, but he is barely the tip of the iceberg (the
role of Jewish finance in NGOs is a topic for a separate article). A
handful of billionaires, virtually all of them operating in the world of
investment banking and tech, provide bottomless wells of cash for
foundations, activist groups and think-tanks changing the West from
within without democratic consent.

In the realm of mass media, private equity underwrites the majority of
it in the US. Jewish control of the mass media is today common
knowledge, so listing every single owner is not necessary.

It is safe to say that the power to amass capital quickly and then
bankroll institutions — once again largely through finance, real estate,
private equity, and so on —rather than objective individual merit is
more influential in deciding who becomes the next president of Harvard,
whose start up gets injected with venture capital, who shareholders
elect to manage a company, who gets a platform at the New York Times,
who gets appointed to run the State Department and Department of
Justice, and so on. A mountain of studies have proven beyond reasonable
doubt that the United States functions as an oligarchy.

Perhaps the Ashkenazi domination of these major institutions is backed
by oligarchic appointment, but good management still requires high
intelligence to keep them functional, one could argue. But few would
seriously conclude that America’s media, politics, big businesses, NGOs,
law firms, and top universities represent our brightest and best
citizens. On the contrary, survey after survey finds that the average
American has no confidence in any of these ruling institutions to solve
national and social problems, or even tell the truth. The broadest view
is that these structures are directly responsible for driving our
country into the ground — no confidence.

Defenders of the Ashkenazi IQ theory, if they do concede the power of
gold, stock market swindles, and compound interest as the primary
foundation for Jewish elite overrepresentation, could fire back that
nothing is preventing non-Jews from challenging Jews on the stock
exchange floor in the so-called free market economy, but this has also
been proven false.

When independent actors decide to play the money game according to the
stealth rules of the winners — trickery, speculative conspiracies,
pump-and-dumps — suddenly Jeremy Bentham’s “Nightwatchman state,” unable
to restrict or fight the power of rapacious oligarchy, nevertheless
remains strong enough to crush its opponents.

One recent anecdote where this was exhibited was the 2021 Gamestop stock
ordeal.

The incident began when a Jewish financier, Gabe Plotkin of Melvin
Capital, invested $6 billion dollars to collapse the stock of a
struggling company, Gamestop, and consume its carcass.

An individual spotted Plotkin’s big move and took to social media to
call on small time traders using the RobinHood app to take a
counter-position.

Soon enough, the internet driven Gamestop pump began, wiping out 50% of
Melvin Capital’s money and redistributing it to the workers, college
students and unemployed taking part in the financial campaign.

Rather than accept the new players in the market casino, the Securities
and Exchange Commission launched a direct intervention. Jewish SEC
Chairman Gary Gensler, who worked at Goldman Sachs prior to joining the
federal government, stepped in on behalf of the Jews of Melvin Capital
to threaten the app for allowing minnows to come together to fight back
against the whales and had the stocks hurting the investment bankers
delisted. The SEC then passed new rules to prevent the new broader
access to the market provided by apps and chatrooms from allowing this
type of challenge to Jewish finance from ever materializing again.

Werner Sombart and The Power of Gold

The ongoing debate on the origins of Jewish power over the West thus
requires an alternative hypothesis. For this purpose, we can consult
Werner Sombart’s work, which provides a theoretical foundation to
analyze the origins, structure and mechanisms of Jewish power.

Sombart, an economist of the German school, was an internationally
acclaimed academic and colleague of Max Weber. In 1911, Sombart
published The Jews and Modern Capitalism, his refutation of Weber’s
well-known The Protestant Ethic and the Spirit of Capitalism (1905), the
latter which posits that capitalism and finance emerged from the works
of John Calvin and Protestantism.