Israel's Foreign Ministry ordered to 'reassess' EU involvement with Palestinians after decision to label West Bank goods; 'decision is almost completely devoid of any real significance,' official says.23:15 29.11.15 | 10 comments
The previous generation grew up at a time when die hard socialism was the rule and the kibbutzim were still collectives rather than businesses they are today, Bezeq which was owned by the government was given money to invest in the telephone network but they didn't bother because everybody got paid on time no matter what they did result is having a telephone was a luxury. There was very little foreign investment in Israel because the economy because the system didn't allow for enough competition because government controlled all the major industries. When you have die hard socialism there is no rich and poor because government does everything for us so there are no rich its just a country of poor people but they were equals. Its only in the last 10-15 years that markets have gradually opened up to competition and governments have taken a less hands on approach. Now the private sector is dominant and as a result you get some people with really good jobs earning alot by Israeli standards , some even becoming millionaires and others on minimum wage. The equality might have gone but the country is also alot richer because its brought a lot of foreign investment. What do we want socialism and equality where everybody is poor living in a poor country or a wage gap with some being able to make it to the very top whilst others stay at the bottom of the ladder and foreign investment? One of the reasons Labor did so bad at the last election was because nobody trusted Shelly on the economy because she is a die hard socialist tjhat even used to vote for the communist party so i don't think the public want to go back to the bad old days but at the same time they want the way things were done for them and there was no very rich and very poor and everybody was equal but it just doesn't work that way.