Abstract

This essay breaks the critical impasse regarding Henry James’s ambivalence toward “the Jew” in his late works, by rethinking this figure through the logic of cosmopolitan detachment, diasporic mobility, and the gift economy. It traces how social and economic exchange enacted by liminal characters produces dynamic, contingent forms of value (economic, aesthetic, social, moral), and exposes concealed links between sacred and secular economies. Specifically, James redeems the avaricious Jewish pawnbroker who, both central and marginal, best captures the position of the modern cosmopolitan writer at the nexus of capitalist and gift exchange.

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