rylah
Gold Member
- Jun 10, 2015
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Israel was a socialist country until 1985 and they have had US foreign aid since 1948.
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The biggest event in 70 years of Israeli economic history occurred on July 1, 1985. On that day the economy underwent nothing less than a sex change – dramatic transition from a socialist economy to the capitalist one we know today.
Until 1985, Israel was a socialist economy with all the anomalies this entailed. Its transition to capitalism was a success by most measures but it also came with side effects that we haven’t solved to this day – wider social gaps, more poverty and more concerns about social justice.
Israel was born as a socialist state, with its kibbutzim, cooperatives and deep government involvement in all aspects of daily life, but it would not have survived without the surgery done in 1985. The future belonged to those with a capitalist soul – the entrepreneur, the financiers and industrialists. At least the Jews know how to do all this well. Today Israel is the 19th-ranked country on the UN index of human development.
It's like saying an unemployment bill makes the US a socialist country...
you simply cannot even slightly compute complex concepts.
One track collectivist mind indeed.