We have just posted a thorough analysis and presentation of the argument that Jewish social values require economic democracy, also known as Democratic Socialism. Dr. Richard Schwartz writes,

With the United States and most of the world suffering from a very severe recession, with rapidly rising unemployment, falling home and stock prices and a sharp decrease in confidence for many people about their economic future, it is timely to consider which economic system and conditions are most compatible with basic Jewish values.

Judaism does not recommend one type of economic system for all times and places. However, its principles of social conduct are clear. The Torah is opposed to all types of exploitation and to concentration of wealth in the hands of a few, with the resultant impoverishment of the many. The Torah desires that all people should work and enjoy the fruits of their labor.

The article, “Economic Democracy – Which Economic System Is Most Consistent With Judaism?” is on our home page under Current Thinking, and will be permanently here. Richard Schwartz is well known as a prolific writer and activist for vegetarianism and the human treatment of animals, but he also writes on Judaism and other major global and ethical issues: see his bibliography here.


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