The Ferengi were intended to parody American consumerism and greed, but yeah, they were way too easily taken to be parodies of Jewish people. Similar things with the Klingons, the Romulans, the Vulcans, etc- they were each meant to be takes on various political groups, but their success was highly variable.
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For sure. I tend not to focus on that too much, since I feel like Star Trek made some great political points and was generally pretty radical.