the few possessors in the modern industrial world and their victims, the exploited millions.
So put, the opportunity of the Jew, if he be driven to extremities to raise an army in his defence, seems a great opportunity enough. It would seem easy for him to deflect all animosity against himself into animosity against the rich—safeguarding, of course (as he has done in Russia), the Jewish rich. But we must remember three formidable conditions which weaken that opportunity.
The first condition is this: The industrial millions are still quite a small minority and will probably in the future be an even smaller minority of the civilized white world. The war dealt them a heavy blow. The fact that the industrial proletariat is a town population, and therefore less and less productive, is another cause of weakness; their decline in health another. The fact that industrial capitalism depends upon the machine being kept going, and that its serfs are less and less willing to keep the machine going, is another.