Category: Israel Lobby

Capitalism, the US Senate, and the Zionist Genocide of the Palestinians

By Stephen Gowans

19 September 2025

What does this say about the US Senate?

Bernie Sanders is the only US senator to acknowledge the Israeli genocide against the Palestinians, and even he does so post festum, and grudgingly. Only after a mountain of evidence had been amassed by multiple organizations and experts—from the ICJ to human rights groups and genocide scholars (including Israeli ones) and finally from the United Nations Human Rights Council (to say nothing of what was evident for anyone to see in the overt expressions of genocidal intent and conduct of the Israeli leadership and its revenge-ravening military)—did Senator Sanders, the soi-disant democratic socialist from Vermont, get around to acknowledging that indeed a genocide is in progress. This, after months of being pressed by his supporters to concede the obvious. Having acquiesced to both political pressure and reality, he conciliated the genocidaire by blaming Hamas for the ongoing holocaust of the Palestinians, al-Nakba al-Mustimira. On top of that, he continued to endorse arms shipments to Israel in the form of “defensive arms”, thus drawing a misleading distinction between offensive and defensive weaponry.

But forget Sanders for the moment. What about the 99 other senators who haven’t even grudgingly acknowledged the genocide?

Most senators are millionaires or multimillionaires, who are intimately interconnected familialy, socially, politically, and professionally with the top investors and leading CEOs of the most profitable US companies, on whom they rely for campaign contributions and lucrative post-political-career opportunities. Accordingly, they are devoted to upholding the systems of capitalist exploitation and US imperialist competition—the foundation of their wealth and privilege, and more broadly, the wealth and privilege of their class.

West Asia is important to the senators’ class, and largely for one reason: petroleum. While the United States, the world’s largest oil and natural gas producer, draws the bulk of its oil and natural gas from the Americas, the price of energy depends on the unhindered flow of petroleum resources worldwide. Hence, West Asia—and Washington’s outpost in the region, Israel—is vital to the smooth functioning of capital accumulation at home, and therefore to the senators’ core personal and class interests.

Additionally, China depends on access to West Asian oil to fuel its military and keep its economy running. Controlling the region gives Washington considerable strategic leverage over its leading rival. What’s more, Japan and Western Europe—key US subordinates and potential strategic competitors—are also dependent on West Asian petroleum. Controlling the Arab world’s oil and natural gas helps Washington keep these states in line.

Hence, US capitalism has an interest in dominating West Asia and suppressing West Asian expressions of national assertiveness and local sovereignty. Arab and Iranian nationalists, were they allowed to thrive, would seek to turn the region’s petroleum resources to the benefit of local populations at the expense of US capitalist class imperatives. They’ve done it before, and would, if they could, do it again.

A Canadian diplomat once described Israel as an outpost “in the Eastern Mediterranean with close economic and cultural ties with the West generally and in particular with the United States.” Owing to these ties, it is the ideal candidate to assert US strategic interests in its region. As the late US Senator Jesse Helms, Chairman from 1995 to 2001 of the Senate Committee on Foreign Relations, remarked: “The United States has vital strategic interests in the Middle East, and it is imperative that we have a reliable ally whom we can trust, one who shares our goals and values. Israel is the only state in the Middle East that fits that bill.” What Helms meant by “vital US strategic goals,” is goals that comport with the interests of his class, not the interests of the larger subordinate class of which most US citizens are members.

Now, some would argue that Washington’s foreign policy is controlled by “the Israel lobby,” a group of Christian and Jewish Zionists who advance Israeli goals at the expense of US interests. To be sure, the Israel lobby has enormous influence in Washington, but key parts of this argument—articulated by political scientists John Mearsheimer and Stephen Walt—are often left unexamined.

  • When we say “US interests”, whose interests do we mean? Those of the bulk of the US population, or those of the approximately one percent of the population that owns and controls the economy and dominates the state (including the Senate)? (Mearsheimer and Walt see only one undifferentiated US interest, unmediated by class.)
  • Are the interests of the bulk of the US population at odds with the Zionist interests of Israel?
  • Do the interests of the US plutocracy mesh with the Zionist aims of the Jewish settler colonial state?

I would argue that US economic, military, and diplomatic support of Israel is at variance with the interests of the vast majority of US citizens (and therefore would agree with Mearsheimer and Walt, so far as they define “US interests” as the class interests of most US citizens—those of the employee class—as distinct from those of the US economic elite.) At the same time, I would argue that the interests of the US capitalist class mesh well with Zionist interests.

Significantly, the “Israel lobby” is largely made up of major US investors and the top CEOs of the United States’ leading companies. The group of Israel-zealots that Mearsheimer and Walt argue have highjacked US foreign policy, happen to be the elite of US capitalism, according to research by Laurence H. Shoup, whose has specialized in examining the contours of the US ruling class. If the Israel lobby has hijacked US foreign policy, then so too have the leaders of corporate America taken control of the levers of the US Departments of State, National Defense, and Treasury, along with the posts of National Intelligence Director and Ambassador to the UN. Shoup and others have shown that these key posts have long been dominated by the US capitalist elite. The Israel lobby exists, but it is a subset of the corporate lobby, a fact that points to a commonality of interest between the US capitalist class and its outpost in West Asia.

How are US capitalist and Israeli interests alike?

First, it should be noted that Israel is completely dependent on the United States. It could not survive without:

  • US military and economic subsidies, and US guarantees that the Israeli military will be equipped with a qualitative military edge over every other state in its region.
  • Unwavering diplomatic support, that allows Israel to act unconstrained by international law and over the objections of international public opinion and the expostulations of the states of the world, including US subordinates, without fear of penalty. (There are two roque states in the world: Israel and the United States. The former acts under the aegis of the latter and the latter under the aegis of its immense power.)

These supports are necessary because Israel is a tiny country, both geographically and demographically, which cannot survive on its own in the middle of a much larger Arab nation, whose enmity is directly traceable to Zionist settler colonialism. Israel’s founding fathers, and “its first leaders worried greatly that without alliances with stronger regional and global powers, the Zionist project would fail.” Today, Israelis acknowledge that the backing of the United States is one reason Israel has survived.

As a consequence of its dependence on the United States, the embattled Zionist state has no option but to pursue US goals as a condition of continuing to receive US support. The US goals it pursues include suppressing any force that might attempt to bring the region’s energy resources under local control for the purpose of uplifting the local population at the expense of aggrandizing the interests of US investors and oil companies and denying Washington control of West Asia, thereby negating US strategic leverage over China, Japan, and Western Europe. Moshe Dayan, an Israeli chief of defense staff, minister of defense, and minister of foreign affairs, is reputed to have said that Israel’s mission is “to be a rock, an extension of the West, against which the waves of…Arab nationalism will be broken.” Echoing Dayan, Israel’s current prime minister, Benjamin Netanyahu, wrote in 1998 that Israel acts as “the West’s policeman in the Middle East.” Referring to states in West Asia that are keen to assert their independence as “militant regimes”, Netanyahu declared that Israel’s role is to “safeguard the broader interests of peace” since no other state in the region can be relied on by Washington to check either the militant states’ “ambitions or obsessive plans for armament.” Safeguarding the broader interests of peace means safeguarding the status quo of US power in West Asia.

This is the fundamental quid-pro-quo of the US-Israeli relationship: Israel helps Washington stop the emergence of another Mohammad Mosaddegh, Gamal-Abdel Nasser, Colonel Gaddafi, Saddam Hussein, or Hafez or Bashar al-Assad—nationalist leaders who sought to put the interests of their own people above US capitalist class strategic interests and those of US oil companies and investors—and Washington provides Israel with the resources it needs to remain a viable state in West Asia.

It should be added, however, that Washington hardly needs to compel Israel to vigorously oppose West Asia’s nationalists. Whether expressed overtly, as a secular movement under an national liberationist label, or whether it lurks inside Islamist states or movements, like the Islamic Republic of Iran, Hezbollah, Hamas, and Ansar Allah, West Asian national liberation is irreconcilable with Zionism. The two movements are mutually antagonistic. Israel and the US capitalist elite, thus, share a common enemy. Both parties seek to despoil the peoples of West Asia of their land, labor, and resources, and West Asian nationalist forces seek to overcome the despoliation. To secure both Zionist and US capitalist class goals, West Asian nationalist movements must be crushed or at the very least contained. This makes US plutocrats and Israeli Zionists natural allies.

Adam Hanief, Robert Knox, and Rafeef Ziadah make this point well in their pamphlet Resisting Erasure: Capital, Imperialism and Race in Palestine. They write:

[S]ettler colonies are … typically highly militarized and violent societies, which tend to be reliant upon external support in order to maintain their material privileges in a hostile regional environment. … For this reason, settler colonies are much more dependable partners of Western imperial interests than ‘normal’ client states. In the Middle East, for instance, Arab governments supported by the US (such as today’s Egypt, Jordan, and Morocco) face repeated challenges from political movements within their own borders and are always forced to accommodate and respond to pressures coming from below. This is different from Israel, where the majority of the population views their interests and privileges as dependent upon continued outside support.

In upholding the interests of their class, US senators, then, naturally defend Israel, because it is a US instrument for the fulfillment of a common US capitalist class – Zionist project of dominating West Asia.  Israel’s character as a settler colony — from which flows its: multifarious familial, social, cultural, and economic ties to the United States; it’s violent, militaristic character; its complete dependence on US aid and support to survive; and its shared opposition with the US capitalist elite to West Asian national liberation — makes it the ideal candidate to represent US imperialist interests in West Asia.

Given who senators are, and their position at the apex—and as the beneficiaries—of the US capitalist system, it is unthinkable that they would exhibit even the slightest degree of solidarity with the enemies of their class and the targets of their exploitation. We can express outrage that only one senator has even acknowledged the Zionist genocide against the Palestinians, but to do so would fail to recognize the capitalist reality of the United States and its governing class. Expecting senators to concede that a genocide is underway, to say nothing of condemning it and acting to stop it, is tantamount to expecting wolves to become vegetarians.

As for Bernie Sanders, his reluctantly conceding that his beloved Israel is carrying out a genocide against the Palestinians confirms what is already obvious: he is no socialist. Socialists do not defend settler colonialism, apologize for apartheid, or tolerate Zionism. Nor do they uphold the status quo of Israeli oppression of the Palestinians by arguing that Israel has a right to defend itself. (Israeli Zionists have no more right to defend themselves than slave-owners have the right to defend themselves against the uprising of their slaves.) And socialists certainly don’t vote for the continued delivery of arms to genocidaires, in the form of “defensive” weaponry,  a sophism that obfuscates the reality that “defensive” weapons have a utility equal to offensive weapons in maintaining Israel’s regime of Jewish supremacy. Would a socialist advocate the provisioning of “defensive” weapons to slave-owners to defend themselves from the uprisings of their slaves? As a socialist Bernie is a fraud. As a senator, committed—with the rest of the Senate—to defending the interests of the US capitalist class and its overseas outposts, he’s more believable.

The Israel Lobby and US Foreign Policy: A Realistic Marxist View vs. Mearsheimer’s Realist View

By Stephen Gowans

May 21, 2024

Recently, Laurence H. Shoup presented data in Monthly Review that shows that the key personnel of the organizations comprising the Israel lobby, as identified by political scientists John Mearsheimer and Stephen Walt in their book The Israel Lobby and US Foreign Policy, are also the key personnel of the leading US foreign policy think-thank, the Wall Street-based Council on Foreign Relations (CFR). The key foreign policy members of the Biden cabinet, the secretaries of state, treasury, defense, along with the director of the CIA, national security advisor, and US ambassador to the UN, are all CFR members. Cabinets in previous administrations have also drawn heavily from the Wall Street-based organization to fill top cabinet posts.

Shoup has argued in two books and multiple articles that US foreign policy is shaped by a Wall Street power elite operating largely through the Council on Foreign Relations to serve the economic interests of the US economic elite, the country’s ruling class. This is a Marxist view.

The Marxist view contrasts with the view of John Mearsheimer who has recently argued that US foreign policy—not just that touching Israel, but all US foreign policy—is shaped by a powerful lobby of Jewish and Christian Zionist business people who have used their wealth and influence to pressure US decision-makers to put Zionist interests ahead of US interests.  

These two views differ on the following questions:

Who decisively influences US foreign policy? Mearsheimer says wealthy and powerful Zionists, both Jewish and Christian. A Marxist view says that a Wall Street power elite holds decisive sway over US foreign policy, and Shoup shows that the group includes members of and overlaps the Israel lobby.

What is the aim of US foreign policy? Mearsheimer says the aim is to protect and advance the Zionist project, in contrast to a Marxist view which says it is to protect and advance Wall Street’s interests around the world.

Is Israel a foreign policy asset? Mearsheimer says that far from being an asset, Israel is a liability, because Zionism creates problems in the Middle East which demand incessant US attention, diverting Washington from devoting its full energies to containing China, its principal foreign policy threat. A Marxist view holds that defending and promoting the interests of its patrons has always been central to the Zionist project and that this makes Israel a valuable instrument to be used in defending Wall Street’s interests in the Middle East.  

Mearsheimer recently presented an argument that supports the idea that the US foreign policy establishment subsumes the Israel lobby, as Shoup has shown, though it was hardly Mearsheimer’s intention to support a Marxist view. We might suppose that the Israel lobby focuses on US-Israel relations, while the ambit of the US foreign policy establishment is broader—the world as a whole. But Mearsheimer sees the lobby’s ambit as coterminous with that of the US foreign policy establishment; in his view, Israel is not the only matter that commands the Israel lobby’s attention; it is also concerned with US foreign policy as a whole.  Even to Mearsheimer, then, the Israel lobby looks like the US foreign policy establishment in the breadth of the regions in which it takes an interest.

But here’s where Mearsheimer introduces a new element into his thinking. Not only does he believe that the Israel lobby has pressured the US foreign policy establishment into robustly backing Israel, he also makes an argument that can be construed to mean he believes the Israel lobby has pressured US decision-makers into adopting an interventionist foreign policy everywhere in the world.  Asked whether the lobby is concerned with US-Israel relations alone, Mearsheimer replies (at 14:32):

“The fact is that the lobby is deeply interested in seeing the United States involved militarily all over the planet. The reason is, is that if the United States is intervening all over the planet, that means it will have a commitment to intervening in Israel. You don’t want a situation where the United States pulls back its forces, implements a policy, a foreign policy, of restraint, and is very reluctant to interfere in other places around the world, because if that’s the case it means that Israel may get into a conflict and the United States might not be willing to intervene on its behalf. So, the lobby has had an interest in seeing the United States pursue a very aggressive foreign policy all across the globe.”

One interpretation of the text above is that Mearsheimer believes the Israel lobby has caused US foreign policy to be globally interventionist. Another is that he sees the lobby as favoring a broadly interventionist policy, but doesn’t go so far as to suggest it has caused US decision-makers to adopt one. But if the Israel lobby is powerful enough to cause US decision-makers to support Israel unconditionally as Mearsheimer contends, we might expect it also to be powerful enough to cause decision-makers to support a globally interventionist foreign policy that supports the Jewish state. It seems likely that Mearsheimer is arguing that the Israel lobby not only causes US decision-makers to favor Israel unconditionally but that it also causes them to adopt a globally interventionist foreign policy.  This extends the Mearsheimer-Walt thesis considerably, from: the Israel lobby causes US decision-makers to back Israel unconditionally to: the Israel lobby causes US foreign policy to be robustly interventionist around the world.

Mearsheimer defines the lobby as a group of wealthy and powerful people who are committed to Israel. We might ask what lies behind their commitment. Mearsheimer cites Zionist convictions. The Israel lobby comprises people who are either Zionist Jews or Christian Zionists, he argues. But is that the only reason to be committed to Israel? Could one not also be committed to a policy of the United States backing Israel owing to the role the Jewish state is able to play as an outpost of US elite interests in the Middle East? Pace Mearsheimer, could it be that US foreign policy is shaped by US decision-makers guided by a Wall Street-based power elite that perceives Israel as an asset able to defend US ruling class interests in the Middle East in return for helping it carry forward the Zionist project?  

Political Zionism has always rested on the idea of a quid-pro-quo between settler Jews emigrating from the West and the governments of the Western states from which they emigrated. The former would represent the interests of the latter in West Asia and North Africa, serving as a bulwark against Arab and Muslim nationalist interests, in exchange for the latter’s support for the Jewish settler project in Palestine. That project would inevitably arouse the enmity of the natives, who would naturally bristle at their displacement and the negation of their national aspirations.  A Western backer would be vital to the project’s success, and Israel would return the favor by countering forces that opposed its sponsor’s interests in the region.

Israel, of course, isn’t the West’s only choice as proxy in the Arab and Muslim worlds. Washington could look to Arab states to help police the Middle East and assert US profit-making and strategic interests in the region. Indeed, Washington has done this, establishing relations with a series of royal and military dictatorships, including Egypt, Jordan, Saudi Arabia, the UAE, Oman, Bahrain, Qatar, and Kuwait.

The trouble is that US support in the Middle East is largely limited to the autocrats Washington helps keep in power over the opposition of their populations. It would be difficult for US-backed Arab despots to mobilize their countries against other Arabs and Muslims, specifically Iran, Syria, Hezbollah in Lebanon, and Ansar Allah in Yemen—states and movements which reject US domination of the Middle East. US-backed autocrats command little support at home. Their populations are imbued with nationalist aspirations, and unlike Israeli Jews, reject the idea that the region ought to be subordinate to US leadership. Tel Aviv, in contrast, can mobilize Israeli Jews against Arabs and Muslims, who are viewed as hostile barbarians, embittered against Israel, and bent on eliminating the Jews as a people.

To put it another way, Israeli Jews, who largely see themselves as Westerners, identify with the Western world and its project of imposing US leadership on the globe, including on the energy-rich and therefore strategically important Middle East; Arabs and Iranians are far less likely to share this view. Native states are, thus, poor choices as effective proxies for US interests in the Middle East. Israel, which sees itself as the West’s outpost in West Asia and North Africa, is, in contrast, a superb choice, motivated to cooperate with the US agenda by its security concerns which can only be satisfied by the United States and its Western partners and a common Western culture and commitment to the ideas of manifest destiny, Western superiority, and the desirability of US global leadership.

Mearsheimer has been known to reply to challenges to his view by asking, “Then why does the lobby exist?” The fact of the existence of an organization with a specific aim is hardly evidence that the organization has achieved its aim. The Democratic Socialists of America exist as an organization to bring socialism to the United States. Is the United States socialist?

The reason the Israel lobby exists is to shape public opinion, media coverage, intellectual discourse, and the research agendas and curricula of the universities and schools, and where public opinion cannot be manipulated to Israel’s advantage, to discourage elected representatives from responding to public opinion by initiating legislation or government action that could interfere with Washington’s accustomed support of its Israeli client. The lobby, as Shoup points out, is largely focused on electoral contests, not on twisting the arms of the unelected Wall Street-connected personnel who occupy the consequential foreign policy roles in the state—the secretaries of state, defense, treasury, chief of the CIA, and UN ambassador, and their phalanx of deputies and undersecretaries—all of whom are largely removed from the influence of public opinion. The role of the Israel lobby is, in short, to persuade US society and its elected representatives to accept US support of a client in the Middle East whose conduct is likely to inflame public opinion against it.

The idea that the Israel lobby is able to shape all of US foreign policy, as Mearsheimer contends, is, to use one of his favorite locutions, just not a serious argument. The idea that the Israel lobby causes US decision-makers to put Israeli interests ahead of US interests, fails to grasp (i) the complementarity of the two country’s interests; (ii) the trouble that local forces of independence and national assertiveness in the Middle East can create for US ruling class interests in the region; and (iii) the role Israel plays as the “rock, an extension of the West, against which the waves of… Arab [and Muslim] nationalism will be broken,” as Moshe Dayan, an Israeli chief of defense staff, minister of defense, and minister of foreign affairs, once put it.

Mearsheimer’s view comes perilously close to the idea that a cabal of rich Jews and their Christian Zionist friends pull the strings in Washington, diverting the country’s government from pursuing US interests to pursuing Jewish Zionist interests in the Middle East. Some might say the Marxist view is hardly different; it too attributes US foreign policy to a cabal, except, in this case, a cabal of Wall Street financiers. While it might seem on the surface that this is so, the Marxist view sees US foreign policy as reflecting the character of US society—one devoted to capitalism, indeed, thoroughly dominated by it, where the idea that billionaires, wealthy investors, and top-level corporate executives exercise considerable sway over almost every aspect of US society, including public policy, is almost axiomatic. As a 2014 study of over 1,700 US policy issues by the political scientists Martin Gilens and Benjamin I. Page showed, “economic elites and organized groups representing business interests have substantial impacts on government policy, while average citizens and mass-based interest groups have little or no independent influence.” The Council on Foreign Relations is only one of many instruments the US ruling class uses to influence public policy. It also funds the political campaigns of candidates that will support pro-business policies; donates to universities to shape their research agendas and influence who they hire and fire; owing to its significant wealth, lobbies the legislative and executive branches of government to a degree which unions, working people, and grassroots groups, which command significantly less wealth, are unable to do; and owns and controls the mass media, allowing it to shape public opinion and set the public policy agenda. The US ruling class uses all of these mechanisms to influence US foreign policy and tilt it in favor of US ruling class interests. The Marxist view, thus, holds that a class, not a cabal, pulls the strings in Washington, using its ownership and control of the economy to fund political campaigns, lobby government, and shape the public discourse, in its interests.

In contrast, Mearsheimer’s view is hardly different from the idea that a cabal of wealthy Zionist Jews and Zionist Christians has hijacked the US state in order to use it to serve the interests of Jews in Israel at the expense and to the detriment of the citizens of the United States. This view shares similarities with reactionary views that date as far back as 1789 and continued into the late nineteenth century and first half of the twentieth century–ideas about conspiracies of wealthy Jews operating in the background to pull strings and shape world politics to the benefit of Jews and at the expense of everyone else. If wealthy Jews were once thought by reactionaries to be behind everything they hated–the French Revolution, the Bolsheviks, international capitalism–they have become, in Mearsheimer’s hands, the reason why the United States supports Israel; in other words, they have been made to reprise their role as scapegoats.

Related:

Israel is a Class Issue

The Israel Lobby and the US Foreign Policy Establishment Are Largely the Same, Reflecting the Complementarity of US Elite and Israeli Colonial Settler Interests

Israel is a Class Issue

The Israel lobby is run by the same people who hold enormous sway over public policy, the universities, and the mass media: the corporate elite

May 16, 2024

Updated May 17, 2024

By Stephen Gowans

Political scientists John Mearsheimer and Stephen Walt believe Israel is a US foreign policy liability, and that the only reason Washington strongly backs the Zionist state is because US decision-making has been hijacked by a powerful Israel lobby that is able to use its vast resources to severely punish politicians and decision-makers who fail to support Israel. US politicians and cabinet officials, in their view, recognize that support for Israel is inimical to US foreign policy interests but support Israel anyway for fear of running afoul of the powerful Israel lobby.

 A recent study by Laurence H. Shoup in Monthly Review shows that the organizations Mearsheimer and Waltz identify as the Israel lobby are largely led by the same wealthy patrons who lead the United States’ premier foreign policy think-tank, the Council on Foreign Relations (CFR).  The think-tank is directed by the colossi of Wall Street.

Wall Street, the Israel lobby, the CFR, the boards of universities and large mass media companies, are all interconnected as part of the same moneyed class.

The CFR regularly places its members in the top foreign policy cabinet positions. The current secretaries of state, defense, and treasury are members of the Wall Street-directed group, as well as Biden’s national security adviser, the director of the CIA, and the US ambassador to the UN.

Hence, the people who occupy the commanding heights of the US business world lead both the Israel lobby and the US foreign policy think-tank which supplies the personnel to staff the key foreign policy posts in the US government. Washington is unreservedly pro-Israel, because Wall Street is.   

To illustrate the point, The New York Times reported on May 15 that “Wall Street’s big donors” are turning away from Biden owing to their “growing dissatisfaction with what [the donors] see as the White House’s hardening stance against Israel in its war on Gaza.” Biden’s pausing (not cancelling) a shipment of 2,000 lb. bombs in an effort to dissuade Israel from launching a major assault on Rafah (which was soon followed by Biden approving a major transfer of other arms to Israel), and the United States abstaining from a UN vote censuring Israel for its conduct in Gaza, hardly amount to much of a hardening stance against Israel. All the same, many “big donors are put off by [what they see as Biden’s] softening support for Israel,” the newspaper reports.

Today, the web site Responsible Statecraft posted an investigation, “Biden’s Gaza policy risks re-election but pleases his wealthiest donors“, which reveals that “over one third of the president’s top funders – those giving in excess of $900,000 to the Biden Victory Fund—appear to see little nuance in the conflict [between Israel and the Palestinians] and show overwhelming sympathy for Israel, at times verging into outright hostility to Palestinians and anti-Muslim bigotry.”

In contrast, a poll sponsored by The New York Times, Siena College and The Philadelphia Inquirer has found that young and non-white voters are also turning away from Biden, albeit for the opposite reason: Because they deplore his support for Israel.

On May 16, The Washington Post revealed that a group of approximately 100 “billionaires and business titans” was “formed shortly after the Oct. 7” revolt in order “to ‘change the narrative’ in favor of Israel, partly by conveying ‘the atrocities committed by Hamas … to all Americans.’” The group’s self-stated mission was to “’help win the war’ of U.S. public opinion by funding an information campaign against Hamas.”

The group was formed by “billionaire and real estate magnate Barry Sternlicht.” The Post cited a November report from the news site Semafor “that Sternlicht was launching a $50 million anti-Hamas media campaign with various Wall Street and Hollywood billionaires.”

The group includes “former CEO of Starbucks Howard Schultz, Dell founder and CEO Michael Dell, hedge fund manager Bill Ackman and Joshua Kushner, founder of Thrive Capital and brother to Jared Kushner, former president Donald Trump’s son-in-law.”

The business titans also include “Kind snack company founder Daniel Lubetzky, hedge fund manager Daniel Loeb, billionaire Len Blavatnik and real estate investor Joseph Sitt” who met with New York City mayor Eric Adams to pressure him to deploy the police to clear the anti-genocide encampment at Columbia University.

The obvious conclusion is that the US capitalist class—the country’s billionaires and top-level executives—are decidedly pro-Israel, while the rest of the population is either less so, or strongly opposed to Israel’s conduct in Gaza. To put it another way: Wall Street supports the genocide (and therefore so too does Washington) while many ordinary Americans are appalled.

Since the capitalist class holds enormous sway over public policy—through its funding of political campaigns; by underwriting think-tanks to recommend public policy; by placing its representatives in key positions in the state; by donating to universities to shape their research agendas and influence who they hire and fire; by means of its extensive lobbying of the legislative and executive branches of government; and by its control of the mass media—it is inevitable that public policy will reflect the corporate elite’s strong backing of Israel.

Saying, as Mearsheimer and Walt do, that the Israel lobby shapes US foreign policy conceals a more important truth. Economic elites and organized groups representing business interests both strongly support Israel and shape US foreign policy. The Israel lobby predisposes Washington to support Israel only so far as the lobby is part of, and directed by, a capitalist class that leans strongly toward the Zionist state and has the resources and connections to strongly influence US foreign policy positions.

A 2014 study of over 1,700 US policy issues by the political scientists Martin Gilens and Benjamin I. Page found that “economic elites and organized groups representing business interests have substantial impacts on government policy, while average citizens and mass-based interest groups have little or no independent influence.”

The Israel lobby has a substantial impact on government policy because it is run by economic elites and organized business interests and because these elites are strongly pro-Israel. Mearsheimer and Walt call the Israel lobby powerful, but don’t inquire into the source of its power. The lobby is powerful because it is handsomely funded. The only class in a position to handsomely fund a lobby to make it powerful enough to decisively shape public policy is the class of top-corporate executives, financiers, and billionaire investors.

So, why is the US capitalist class overwhelmingly supportive of Israel?

Among members of the US economic elite, support for Israel may derive in some cases from Zionist convictions (either Christian or Jewish), but Zionist beliefs are far less important as the basis for pro-Israel views among members of the US capitalist class than is elite consciousness of the reality that Israel serves their class interests in an economically rich and strategically significant part of the world. US control of Middle Eastern oil provides corporate America with a rich source of profits. It also gives the corporate elite leverage over its business rivals in Europe, Japan, and China, who depend critically on Middle Eastern petroleum resources for survival. Israel helps Washington control the Middle East in a way no other state in the region is able to do.

Arab nationalist leaders have always been clear about why the US capitalist class supports Israel unreservedly. Israel is a watchdog, a snarling beast, “a dagger pointed at the heart of the Arab world,” that Washington uses to hold Arab and Muslim nationalist forces in check, to ensure the vast economic and strategic prize of Middle Eastern oil remains under the control of corporate America’s political servants in Washington and their Arab satraps, the kings, emirs, sultans, and military dictators who, to a man, loath democracy, and collaborate with Wall Street-backed US power against the ordinary people of the Arab and Muslim worlds.

Middle Eastern oil is not a prize corporate America is willing to yield to local forces of independence and national assertiveness. In return for Washington supporting Israel in carrying the Zionist project forward, Israel helps look after corporate America’s interests in the Middle East. It’s a mutually beneficial pact of Jewish nationalist forces collaborating with US business interests to keep the Arabs and Iranians down, the Americans in charge, and the Israelis supplied with arms and diplomatic support to enforce their regime of Jewish supremacy in the Levant.