[Peace-discuss] Israeli capitalism

[C. G. Estabrook]

[The struggle against occupation is also a struggle against economic 
exploitation, hence against capitalism.  --CGE]

	The Netanyahu Government's New Economic Plan

The rightist Netanyahu government unveiled yesterday (Thursday, April 23, 2009) 
its "jet plane for economic growth," with an immediate cut in corporate taxes 
and massive privatizations of the Electricity Corporation, the Employment 
Agency, the ports, and the Land Authority, in an attempt to fuel renewed 
capitalist gains ... Communist members of Knesset (the Israeli parliament) 
attacked the plan. "At the center of the plan is making the rich richer, a 
scandalous tax reduction in tax rates for the wealthiest and for the big 
corporations, at the expense of the state budget and social services," said Dov 
Khenin (Hadash fraction). According to him, Netanyahu's focus on encouraging 
exporters is a mistaken idea. "Exports already account for 50% of Israel's GDP, 
and the ability to expand exports beyond that in conditions of a global 
capitalist crisis is in grave doubt. The focus should have been on encouraging 
production for the needs of the Israeli economy, promoting peace and putting an 
end to the occupation of the Palestinian territories, and expanding social and 
public services -- health, education, and environment. Expanding social services 
could generate additional jobs and offer a real way of coping with widening 
unemployment," Khenin said.

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