Journal of Social Justice, Vol. 9, 2019 (© 2019) ISSN: 2164-7100 Critical Theory and the Critique of Antisemitism: On Society as Economic Object Werner Bonefeld1 The paper argues that the critique of modern antisemitism is fundamentally a critique of capitalist political economy. It expounds the critical tradition associated with the work of Marx, Horkheimer, Adorno and Postone, to argue that antisemitism is innate to the existent society. It explores antisemitism as a perverted form of anti-capitalism, one which associates labour economy with freedom, Arbeit macht frei, and rejects the manifestation of labour economy in the form of money as more money. It specifies antisemitism as a personalised critique of a crisis-ridden dynamic of real economic abstractions, of price and profit, and their regulation by the invisible hand. Modern antisemitism identifies the ghostlike character of the economic object, what Marx called the capital fetish, with the character and the power of the Jew. [Article copies available for a fee from The Transformative Studies Institute. E-mail address:
[email protected] Website: http://www.transformativestudies.org ©2019 by The Transformative Studies Institute. All rights reserved.] KEYWORDS: Antisemitism, Money, Fetishism, Economic Object, Personalisation, Nationalism, (perverted) Anti-capitalism. INTRODUCTION Contemporary social theory reckons that the existing society contains within itself the ‘promise of freedom’ (Honneth 2010: 10). This would suggest that it also contains within itself the ‘promise’ of a freedom from 1 Werner Bonefeld is a Professor of Politics at the University of York (UK). Recent publications include Critical Theory and the Critique of Political Economy and The Strong State and the Free Economy.