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France 1848–1945$
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Theodore Zeldin

Print publication date: 1973

Print ISBN-13: 9780198221043

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198221043.001.0001

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(p.77) 6. Bankers
France 1848–1945

Alan Bullock

F. W. D. Deakin

Oxford University Press

More than any other group, the bankers were accused of being the ultimate repository of power, the decisive oligarchy. ‘The bankers’ ‘are at the heart of the state. The bourgeoisie has replaced the faubourg St Germain and the bankers are the nobility of the bourgeois class.’ The great problem of industry was to get long-term credit, but there was strong prejudice against the very notion of this. The relationship of the rich, the industrialists, and the bankers to the rest of the population has been excessively simplified in the theories holding that it was a relationship of domination. Many detailed studies will be needed on individual firms and magnates before conclusions on this subject can be attempted.

Keywords:   bankers, bourgeoisie, rich, industrialists, faubourg St Germain

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