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How Americans Give

The Financialization of American Jewish Philanthropy

Bibliographic Data

ID5732335
AuthorsLila Corwin Berman (0000-0001-5619-5837, corresponding author)
Year2017
Volume122
Issue5
Pages1459-1489
Publication date2017-12-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueThe American Historical Review (JOURNAL)
Journal identifiersISSN: 0002-8762 • E-ISSN: 1937-5239
PublisherOxford University Press (PUBLISHER • GB)
DOI10.1093/ahr/122.5.1459
OpenAlexW2776058540
LanguageEN
Citations received3

In the second half of the twentieth century, the philanthropic sector in the United States grew in power and scope. Its expansion cannot be understood apart from close analysis of the process of financialization that bound, even obligated, American democracy to capitalism. The American state's deregulation of finance and its partnership with private industry and actors in matters related to public policy nurtured the growth of philanthropy, and also empowered philanthropic organizations to interpret and craft state policy. American Jewish philanthropic institutions, which already commanded trendsetting power by the middle decades of the twentieth century, played a crucial role in reshaping American philanthropy. These institutions and their leaders became literate in American tax policy and took active roles in reforming it by lobbying for and, sometimes, crafting tax code changes. Their efforts contributed to the reordering and decline of the American welfare state in favor of the growth of private capital. American Jewish philanthropy—sometimes called tzedakah—drew from the central texts, beliefs, and rituals of Jewish life, yet its modern form served as a tool of political economy that allowed Jews to construct their interests and those of the democratic state as coincident projects of survival through capital practices.

Capital (architecture) · Democracy · Economics · Financialization · Judaism · Market economy · Political economy · Political science · Politics · Power (physics) · Sociology · State (computer science) · Caribbean history, culture, and politics · History · Law · Public Administration · Race, History, and American Society

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Unique citing works3
Citations per year0,43
Citation span2019 - 2020 (2)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 3

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