Summary
Author of The Roots of Separatism in Palestine: British Economic Policy, 1920-1929 (1993), the work Purchase by Other Means: The Palestine Nakba and Zionism’s Conquest of Economics relies on for its pivotal claim that Zionist capital in Palestine was not conditional on a return of financial profit (Purchase by Other Means: The Palestine Nakba and Zionism’s Conquest of Economics, PDF p.8, note 18 / printed p.140).
Details
- Smith, quoted in note 18 (her p.11): the yishuv “could tap the resources of sympathetic Jews throughout the world, and these donations, along with capital imported by the immigrants themselves, could be used without prime regard to the profit motive. The Zionists were willing for reasons other than material gain to invest their resources in Palestine, and this motivation differentiated them from traditional colonialists” (Purchase by Other Means: The Palestine Nakba and Zionism’s Conquest of Economics, PDF p.32 / printed p.164).
- Wolfe draws on her for the dual economy and absorptive capacity (pp.84-85, note 43), for recession-era growth of the sheltered Jewish economy (pp.77-81, note 44), for the summary of the Shaw and Hope Simpson arguments (pp.66-76, note 51), for land-purchase circumvention by future-dated sales (p.94, note 80), and for the Mandate’s expenditure pattern (pp.135-158, note 39).
- Note 39 records that Ilan Pappe picked up Smith’s identification of the metropole-neglect factor in “Zionism as Colonialism” (2008).
Related pages
Purchase by Other Means: The Palestine Nakba and Zionism’s Conquest of Economics, Conquest of Economics, Preaccumulation, Patrick Wolfe