Banking Quote by Jim Keith
“The Kaiser Wilhelm Institute's eugenics studies were initially endowed by Gustav Krupp von Bohlen und Halbach, the head of the Krupp munitions monolith, and James Loeb, of the Kuhn-Loeb banking family. Loeb's relatives, the Warburgs, were banking partners of William Rockefeller, and both families were responsible for setting up the American Harriman family - also movers and shakers in eugenics - in business.”
About This Quote
Source Book: The Murder of the World, Jim Keith, 1995
The quote outlines how industrial and banking elites funded eugenics research, linking German and American financial families to the movement.
In simple terms: Wealthy families funded eugenics research across continents.
Recognize how money influences science.
Themes
Mood
Type
When to use this quote
- academic funding
- policy debates
- public health
- genetic research
- historical analysis
Key Concepts
Questions to Reflect On
- How did funding shape research agendas?
- What responsibilities do funders have?
The quote does not address the moral agency of the scientists themselves.