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Kit Nightly – Anti-Capitalism is NOT Anti-Semitism

Summary:
I have trouble believing the pie chart which shows that 30% of the British population hold mild anti-Semitic views. I've only met one person in my whole life who was anti-Semitic, and he was a raging right-winger. Anyway, the British Labour Party has hardly any.  Anti-Capitalism is NOT Anti-Semitism The media are trying to turn the 1% into a protected minority Kit Knightly A political cartoon from 1883, depecting four notable Robber Barons being supported by their workers. Is this image a hate crime? Will it be described as such soon?Rhetoric about the 1 per cent and economic inequality has the same underlying theme – anti-capitalism masks and normalises anti-Semitism. The above quote appeared in the Financial Times over the weekend. It is a piece of twisted logic, designed to

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I have trouble believing the pie chart which shows that 30% of the British population hold mild anti-Semitic views. I've only met one person in my whole life who was anti-Semitic, and he was a raging right-winger. Anyway, the British Labour Party has hardly any. 

Anti-Capitalism is NOT Anti-Semitism


The media are trying to turn the 1% into a protected minority

Kit Knightly
Kit Nightly - Anti-Capitalism is NOT Anti-Semitism

A political cartoon from 1883, depecting four notable Robber Barons being supported by their workers. Is this image a hate crime? Will it be described as such soon?

Rhetoric about the 1 per cent and economic inequality has the same underlying theme – anti-capitalism masks and normalises anti-Semitism.

The above quote appeared in the Financial Times over the weekend. It is a piece of twisted logic, designed to demonise an entire political movement. And it is a lie, BUT it does tell an important truth, it just does it by accident.
Namely – that “antisemitism” in Labour is a political invention, used to curb a popular movement against corruption, austerity and growing inequality.
Labour doesn’t have an antisemitism crisis. It doesn’t need to “listen more” or “try harder”. It isn’t toxic. Or racist. Or full of bullies. None of that is true.
Nobody is denying antisemites exists. There’s a small minority of people who hate Jews just for being Jews. This is unfortunate, but also true of every race, sexual orientation and religion. Everybody, somewhere, has someone who hates them for what they are. The problem is relatively small, and in the Labour party, it’s even smaller than in the general public. This graph was brought to our attention on twitter:
Kit Nightly - Anti-Capitalism is NOT Anti-Semitism
Study it. Memorise the statistic. 0.08%. Less than one in 10,000 – and even that is a generous estimation. It could easily be far, far lower. That’s not a problem. It’s not even a taint. It is a problem so small that making it a priority is absurd. The statistics prove it.
The counter to these statistics? Nothing. Those who claim Labour is “institutionally antisemitic” present no evidence but anecdote. Apparently, Luciana Berger had people abuse her on twitter – not one of them is proven to have any link to the Labour party. Journalists say “a Jewish friend told me X”, a lot. A poll comes out that “British Jews might leave” if Corbyn were PM. None of that is evidence of anything.
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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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