The State of Israel started based on Socialism. Being social and sensitive to the needs of all are old Jewish principles. But, over the years, this has eroded and now, the Jewish State is run by Capitalism with all the exploitation of the population as in every other modern capitalist State — dotted with many charity initiatives — that’s true. With economists falsely preaching that the “free market” is good for all. It’s all egotism favoring the privileged. (Before non-Israelis offer to liberate us from this exploitation, could they please first stop this in their own country?)
I just was in the Netherlands. That is a really rich country. The spoils of the colonies and natural gas profits still permeate the whole of its society. Not a million or so who live in poverty but overall, so much money! The Dutch need to work hard to get a share, but they also get a lot of vacation time.
In Israel, so much energy and money go to (literally) fighting for survival: our military, police, security guards, etc. And our foods are overpriced. Production is in the hands of a few families. Most people are fooled into believing that animal produce (meat, fish, milk, eggs) ‘is the healthiest’ which they spend much money (and cooking skills) serving.
A few years ago, a socially aware minister reduced phone costs to 10% of what it had been before. Saves everyone a ton of money. The same should happen with bus fares. That would reduce car ownership and pollution.
But most of the money of the average Israeli is sucked up by the banks. Renters’ rights are poor. So, anyone with any steady income and a large extended family tries to buy a house. But not only are houses super overpriced. A mortgage means that over 40 years, you pay the bank three houses for your house. And the rules are tricked such that if you don’t pay the last years, you lose everything because the first 30 years ‘were for the interest’ and only the last payments cover the real value of the apartment.
“How do you acquire a small fortune in Israel? Come with a large one!”
However, I don’t think that any government can curtail the power of the banks. It would be cheaper for them to kill a few politicians than reform.
Jewish Law clearly limits how much profit one is allowed to make and forbids interest. The Sages show a high priority for honesty. Unfortunately, most Jews come from dishonest cultures, and the Law in Israel is British.
This is the financial situation in Israel. Not so different from the rest of the Western democratic world. The rich get honor and esteem, are not seen as thieves. Poverty is seen as shameful, even if it comes from being honest.
I know that Antisemites believe that all Jews are rich. I wouldn’t mind, but where is the loot? Most Jews the world over work (too hard) for a living.