The Septuagenarian | Commentary Magazine

Israel is the 26th-richest country on Earth, according to the World Bank. Now, Israelis will tell you, not without reason, that the wealth numbers provide an improper view of everyday life in their country. The inequality gap is a Grand Canyon–like chasm there. It’s hard for the young to find good jobs and decent housing, in part because an overly intrusive government sector has made workplace mobility nearly impossible and an overregulated economy makes home construction prohibitively expensive. These difficulties are especially enraging to Israelis because they are self-inflicted wounds that result from what might be called “democratic-socialist entropy.”