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Hong Ik-hee's New Jewish Story
Hong Ik-hee's New Jewish Story
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Book Introduction
How the New Jews, even in crisis, have wealth, power, and a future
Did you make it!

*****
The Chosun Ilbo's most popular serial, "Hong Ik-hee's New Jewish Story," is finally published!

This book is a publication of 'Hong Ik-hee's New Jewish Story', which has been serialized in the Chosun Ilbo since January 2021 by Hong Ik-hee, former professor at Sejong University and Korea's top Jewish expert.
The world now faces an unprecedented, complex crisis, including high interest rates, high exchange rates, inflation, and the Russo-Ukrainian War, stemming from the aftermath of the coronavirus bubble.
For us, the story of the new Jew overcoming hardship and adversity, pioneering new fields, and achieving success provides hints for solving our problems.
This book is also a story of the new Jews, and in itself it is a history of modern economy, a history of science and technology, and a history of the development of civilization.
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index
Introduction: Why We Need to Know the Jews Now

Chapter 1: Designing Modern Capitalism

The Birth of Modern Capitalism from Herring Fishing
Defeating the powerful Hanseatic League and seizing control of commerce / Building efficient cargo ships to dominate the global shipping industry / Establishing the East India Company and spurring the emergence of capitalism / [Further Reading] The Middle Ages and the Modern Age diverged in 1492.

As Britain dominated the seas, money also flowed across.
Export restrictions changed the fate of empires / Galleons' gun ports and flat-bottomed ships changed history / The Battle of Calais shook world power / [Further Reading] Flat-bottomed ships also demonstrated their power during the Imjin War.

Dutch Jews migrate to England en masse
Dutch Jewish traders travel to England / Aid William III during the Franco-Dutch War / Jewish finance capital follows William III as he becomes King of England / [Further Reading] Britain becomes a center of global trade and finance

Chapter 2: Giving Birth to the Global Financial Industry

Provide war funds to the king and obtain the right to issue currency
Funding William III's emergency war expenses / The creation of a private central bank through a public offering of stocks / A structure that tied the issuance of national currency and government bonds / Continuing low interest rates became the driving force of the Industrial Revolution / [Further Reading] The U.S. Federal Reserve System was modeled after the Bank of England.

Developing the loan industry into a global financial industry
From a junk dealer in the ghetto to one of the world's richest men / He began amassing wealth by introducing mail-order marketing / He handled everything from luxury goods trading to bonds and currency exchange / He founded the Rothschild Bank, named after himself / [Further Reading] Why Jews Made So Much Money

Gain 20x profits through rapid information and distribution.
Making a fortune in finance in three months compared to a year's worth of manufacturing / The Rothschilds had faster access to information than the King of England / [Further Reading] Making a fortune through information and transportation during the Continental System

The world falls into the hands of the Rothschilds, a prominent financial family.
Driving the global capital market toward the gold standard / J.
The Morgan family and their involvement in the creation of the Federal Reserve / Why they stopped displaying nameplates outside banks and headquarters / [Further Reading] How the five Rothschild brothers built their wealth

Chapter 3: Dominating the Global Economy

Levi's Jeans Revolution Changes the Fashion Industry
Miner's pants made from wagon covers become fashionable / Jeans spread beyond America and around the world.
[Further Reading] Jews Take Over America's Apparel Industry

Glass and semiconductors were born in the sand.
Moses' blessing brought treasures from the sand / Glass evolved into glasses and mirrors / Silicon extracted from sand ushered in the information age / The Korean War was behind the birth of silicon / Lee Kun-hee's obsession created a semiconductor legend / [Further Reading] Jewish youth lead the IT industry

Pay attention to what is invisible and become rejection
Prices are determined by supply, demand, and psychology / Achieved an astonishing 32 percent annual return / [Further Reading] Soros Tried to Become a Philosopher, Then Got Rich

Jewish cryptographers challenge the monetary and financial powers.
How Digital Currency Will Change the World / Jewish Cryptographers Stand Up to Big Brother / Jewish Cryptographers Solve the Double-Spending Problem / Central Bank Digital Currencies Emerge / The US and German Governments Promote the Integration of Financial Sector and Cryptocurrency / The Use of Digital Currency Means Currency Reform / China Ignites the Digital Currency Race / A World Currency Is the Dream of Many Economists

Chapter 4: Leading the Development of Technological Civilization

Inventing the original technologies for Wi-Fi and Bluetooth
Actor by day, scientist by night / Developing frequency-hopping technology for the Allied victory / Korea becomes the first country to commercialize CDMA, invented by Rama / [Further Reading] Jewish Dad Shares Dinner Table Education and Pillow Talk

Developing computers from calculating machines to logic machines
Geniuses aren't born, they're educated. / Completed three majors and a doctorate in just five years after entering college. / Became the youngest professor at 23 and a tenured professor at 29. / Gave up patents, contributing greatly to the growth of the IT industry.

Opening the era of radio broadcasting and television
Discovering New Possibilities in the Existing / Revolutionary Ideas Dismissed / Ushering in the Era of Radio Broadcasting and Television / Predicting and Realizing the Television Era / [Further Reading] US Antitrust Regulations Rapidly Spread TV Technology

The crystallization of imagination and creativity that gave birth to the film industry.
A key figure in the birth of Hollywood and the core of the film industry / Why was Charlie Chaplin expelled from the United States? / Why were so many Jews socialists and communists? / How did Jews become Hollywood's leading directors and actors? / A profound influence on the world's consciousness.

Chapter 5: Creating a Startup Ecosystem

Strengthening national defense and nurturing scientists simultaneously
Nurturing talented individuals into patriotic scientists / The military becomes a key player in national ventures / 80 percent of venture entrepreneurs hail from Talpiot / Early exposure to computer strategy

Turning failure into a stepping stone to success, becoming a startup powerhouse.
Acknowledge your weaknesses, find your strengths, and nurture them. / Innovation comes from failure and challenge. / [Further Reading] Fear of failure robs you of creativity.

Building a Jewish Entrepreneurial Ecosystem with the Spirit of Hesed
Charity is the highest quality and duty / Helping with devotion without expecting reward / Dominating medieval commerce through customer orientation / [Further Reading] Good leaders ask good questions

What Makes Jewish Entrepreneurship Different?
Raise your children to be unique, not the best. / If you don't develop your talents, you are sinning. / The spirit of chutzpah is that everyone is equal before God. / The essence of the law is justice and equality. / Jewish entrepreneurs are strong in presenting a vision.

Chapter 6: Saving Humanity from the Threat of Extinction

Developing vaccines for every pandemic crisis
A Hungarian Immigrant Meets a Jewish Immunologist / Dr. Anthony Fauci Helped Develop the Moderna Vaccine / Israel's Biotech Industry is a National Preemptive Strategy / Why Jews Are Dedicated to Medical Advancement / [Further Reading] Korea Should Also Link Medicine and Engineering

Discovering blood types and ending the nightmare of transfusions
Walking the path of a physician-scientist, saving hundreds of millions of lives / Saving countless lives through blood type classification / Making numerous achievements in various fields of research

Saving humanity from the fear of polio
Why did polio spread to middle-class children? / Determined to do great things for humanity / Devoted to research for 16 hours a day without holidays / Finally succeeded in mass producing vaccines / There are no patents, just as there are no patents for the sun / Medical scientist Albert Sabin develops oral vaccine / [Further reading] Distributing vaccines for just 100 won

Realizing the dream of extending life by founding modern immunology
Finding Hope in the Face of Death / A Friendly Competition with the German Immunology Community / Leading the Globalization of Yogurt / [Further Reading] Immunology Extends Human Lifespan

Chapter 7: Becoming a Protagonist in a Turbulent World History

The main players in the Russo-Japanese War were Jews.
Why Jews Influenced the Russo-Japanese War / Modern wars are essentially financial wars / Korea's fate was decided in the Treaty of Portsmouth / [Further Reading] The Aguan Pacheon incident sparked the Russo-Japanese War.

Jews are gaining prominence in American politics.
Why Jews are so sensitive to political power / Why politicians flock to Wall Street / Why Jews are so heavily employed in American politics / Korea's fate is decided at the White House National Security Council / Jews are being appointed to key positions in large numbers / Israel's problems are America's problems / [Further Reading] If your mother is Jewish, you are Jewish.

Fighting inflation with your life on the line
Fighting Inflation with Determination and Action / There Is No American Economy Without Controlling Inflation / [Further Reading] Failure to Control Prices Is Unforgivable

In every crisis, the economic triple queen steps in to solve it.
Exposing the Dark Side of the American Economy / Achieving the Triple Crown of American Economic Policy / [Further Reading] Exposing America's Shame to the World

The roots of Zelensky's leadership lie in the Talmud.
Showing courage and diplomacy in the war with Russia / One Jew is changing Ukraine's fate

Chapter 8: Creating a Better World

A history of hardship fosters community spirit
Overcame Hellenism but was destroyed by Rome / Islam in the 6th century was tolerant of Jews / Persecuted by both Islam and Christianity in the Middle Ages / Treated as subhuman in Europe / Experienced the Holocaust, the worst massacre in human history / Jews have a different way of judging people / Let's learn about the four ways to deal with anger / [Further Reading] The 63 volumes of the Talmud contain wisdom for life

Gaining global power through community awareness
Maximizing Creativity through Discussion Education / Reading, Questioning, and Discussion Are the Foundation / Community Sense Creates Global Network Power / [Further Reading] Gather Information on the Weekend and Get a Head Start

Overcoming harsh environments with wisdom and perseverance
Korea ranks first in water reuse / Creating a new carp that thrives in medium salinity / [Further Reading] Korea's trout is Israel's carp

Creating a Better World with Tikkun Olam
Learning is the most important value in life / Invest even if it doesn't make you money right away / Tikkun Olam is similar to Hongik Ingan / [Further Reading] What is Tikkun Olam?

References

Into the book
At that time, Dutch shipowners set out on ocean voyages to the Orient.
The number of such companies has increased to 14 in a few years.
But excessive competition was a problem.
To compete with countries like Spain and the UK, a large and strong company was needed.
To solve this problem, the Dutch government and parliament stepped in and encouraged a merger into one company.
The result was the Dutch East India Company, which was founded in 1602.
Exploration of the East required enormous capital.
The Jews re-invented the concept of the 'stock company', which they had tried in Antwerp.
The capital required to establish the East India Company was raised through investments from individual shipowners who led the maritime trade at the time.
About 6.45 million guilders, or 64 tons of gold, were collected.
The Dutch East India Company was the first modern joint-stock company established with capital raised in this way.
The East India Company, which was established through the form of a joint stock company, was able to manage a large scale that was more than eight times that of the British East India Company.
This is how the modern joint-stock company, which is called the flower of capitalism, was born.
--- p.23~24

Finally, England defeated the Spanish Armada.
This meant a shift in world power and control of the seas.
This allowed Britain to spread its wings of mercantilism.
The British not only drove Spanish ships out of their territorial waters, but also attacked and drove away Spanish merchant ships from ports in America and India.
This allowed them to establish many colonies in North America.
This was a watershed moment in world history.
The Spanish Empire was fading and the British sun was rising.
Britain's control of the seas led to the immigration of Dutch Jews to Britain through the Navigation Acts, the creation of the Bank of England, and later the establishment of the Federal Reserve in the United States, modeled after the Bank of England.
--- p.35

The power that has driven world history since the modern era has come not from political powers like kings, but from merchants and financial powers.
In fact, the rise of Dutch mercantilism, which is considered a turning point in world history, the Industrial Revolution and its spread in England, and the dazzling growth of the New World are the history of merchants and financiers.
Few would deny that history was particularly led by Jews.
The Rothschild family transformed the local moneylending industry into a 'global' financial industry with all kinds of innovative ideas.
They tied the world into a single financial system based on information and made money by utilizing quick information.
With the astronomical amount of capital and low interest rates accumulated in this way, the Industrial Revolution spread throughout the world and the gold standard was expanded to countries around the world.
Examining the history of financial capitalism led by the Rothschild family will help us understand the flow of the financial economy.
--- p.58

The number of Israeli venture companies listed on NASDAQ is 84, which is more than the total number of companies in Europe (77) as of January 2019.
This is possible because successful Jewish companies in Silicon Valley actively support Israeli venture companies in both material and spiritual ways.
They discover promising startups early on and provide dedicated support, not only through financial support but also through detailed support such as information provision, networking, global marketing, and IPO support, to ensure their success.
This is called the 'spirit of Hesed'.
In Hebrew, the word 'mercy' or 'grace' means 'to help willingly without expecting anything in return.'
--- p.107~108

Currently, global finance is led by the United States.
American finance is led by the so-called "triangle": Wall Street, the Treasury, and the Federal Reserve.
The leading force of this triangle is Jewish.
Most of the heads of Wall Street financial institutions are Jewish.
And the heads of the Treasury Department, which oversees and manages Wall Street, have also been Jewish since Robert Rubin.
Most of the past Federal Reserve chairmen and governors are also Jewish.
Chairman Jerome Powell is not Jewish, but he is a pro-Jew.
The reason our stock investors monitor the U.S. financial market every morning is because the Jewish-led U.S. financial market has such a significant impact on global markets, including our own.

--- p.116

“Forgiveness is the path to another wandering, but forgetting is the path to another wandering.” In this way, the Jews survived through six civilizations.
This pleasantly overturns the conventional view that civilizations have a lifespan, usually around 500 years or at most 1,000 years.
They suffered countless hardships and the pain of separation.
Jewish history has been a cycle of challenge and response, marked by suffering.
Through the hardships and trials of life, I was able to become more mature and stronger.
The hardship was a blessing.
The historical awareness of the suffering of the Jews is also applied to the education of children.
One of the characteristics of child education is the word 'Sabra'.
Jews call their children 'sabra', the fruit of the cactus flower.
Cacti are resilient and tenacious, blooming and bearing fruit even in the harsh conditions of the desert.
--- p.296

Publisher's Review
To read The New Jew is to read into the heart of the modern world!

This book humorously explores the history of Jews as the hidden architects of modern capitalism and the developers of technological civilization.
You can enjoy it as if you were traveling through time from the birth of capitalism to the present day.

The development of trust-based financial techniques such as bills of exchange in the Middle Ages was possible thanks to trade between the Islamic world and the Jewish diaspora in distant places such as Europe.
It was thanks to Jewish traders that the Netherlands in the early modern period flourished with mercantilism, established the first joint-stock company, the East India Company in 1602, established the forerunner of a central bank and a stock exchange, and was able to build a trade network around the world.
Britain's transformation from a backward country dependent on wool exports and piracy to a center of world trade and finance was largely due to the immigration of Jewish merchants and financiers during the English Wars and the Glorious Revolution.
After that, Britain was able to carry out the Industrial Revolution thanks to the capital power and low-interest loans of Jewish financiers.
It has transformed the level of the loan industry into a global financial industry.
The creation of digital currencies like Bitcoin is also thanks to Jewish cryptographers.


It has exerted unparalleled influence and led development not only in the economy and finance but also in the fields of IT, medicine, and science and technology.
The original technology for Wi-Fi and Bluetooth, which are essential items in our lives today, was also invented by Hedy Lamarr, a Jewish actress.
The person who created today's computer was also a Jew, John von Neumann.
David Sarnoff, a Jew, also started radio and television broadcasting, and six of the seven Hollywood studios that were integrated after World War I were founded by Jews.
Moreover, many of the key players in the recent development of coronavirus vaccines are Jewish.
It was also the Jews who developed the childhood vaccine virus and discovered blood types, ending the nightmare of blood transfusions.


How the New Jewish Power that Drives Modern Society Was Created
The spirit of Tikkun Olam, the spirit of Chesed, the spirit of Tzedakah, the spirit of Chutzpah, and the culture of Davka!


So, are the Jews the most blessed people among mankind? Did they possess superior bloodlines from the beginning? No.
Rather, it is the opposite.
The Jews are the most persecuted people in humanity.
They were constantly targeted by hatred, slaughtered in the Holocaust, and driven from their homes, leaving behind everything they had accomplished.
But they kept getting back up again and again.
It wasn't just about survival, but starting from zero in a barren wasteland and making great strides.
It was like an oyster holding a pearl.
Each time, wealth and money from all over the world followed them, and their settlements became the centers of the world.
Spain did it, the Netherlands did it, England did it, and now the United States does it.
They are the people who overcome hardships the best and have the greatest grit to get back up even when they fall.


The dominant civilizations in world history lasted from 500 to 1,000 years.
But Jewish influence remains strong.
They lead Wall Street, the center of the global financial market, and created the IT industry with companies like Google, Facebook, and Oracle. They also created the film industry and account for most of the Hollywood producers.
It is a leading force in the development of the distribution industry, especially department stores, and is also leading the tourism industry.
It also leads most service industries, including the media, medical, legal, consulting, fashion, jewelry, and beauty industries.


How on earth did the Jewish people gain such power? First, we can consider the hardships and adversities they alone endured.
There is a unique spirit and culture that was created in the process of overcoming those hardships and adversities.
These are the spirit of Tikkun Olam, the spirit of Chesed, the spirit of Tzedakah, the spirit of Chutzpah, and the culture of Davka.

According to the philosophy of Tikkun Olam, the world is not something that is “as it is,” but something that “needs to be improved.”
According to Jewish belief, humans are partners with God and have a responsibility and duty to assist in God's ongoing creative work and make this world a better place.
In this way, we are constantly learning and trying to create a better world.
This is the reason why it is ahead of the development of medicine or technology.
Hesed is the Hebrew word for mercy or grace, and means "to help willingly without expecting anything in return."
It means leading each other with a sense of community and helping each other with dedication.
The spirit of tzedakah is to care for the weak within the community and is also the most important fundamental spirit of the law.
There is no word for 'charity' in Hebrew.
Because caring for the weak is such a natural thing.
That's why they don't call it charity, but 'justice (tzedakah)'.
The chutzpah spirit is that everyone is equal before God.
This idea of ​​equality has created a horizontal culture, where anyone can discuss freely without authoritarianism.
Additionally, the Dabka culture means not holding people accountable or blaming them even if they fail.
Davka means 'nevertheless' in Hebrew, meaning that it is okay to fail.
Because everyone thinks that success comes through failure.
This Dabka culture is what makes the startup ecosystem so vibrant.
GOODS SPECIFICS
- Publication date: December 30, 2022
- Page count, weight, size: 332 pages | 598g | 152*225*20mm
- ISBN13: 9791191334999
- ISBN10: 1191334996

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