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General News    H2'ed 8/12/11  

Israelis demand end to staggering wealth gap -

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Amanda Lang
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The "tycoons," as they are known even in Hebrew, are suddenly facing enraged scrutiny as middle-class families complain that a country once viewed as an example of intimate equality today has one of the largest gaps between rich and poor in the industrialized world.

The tent-city protesters, who have shifted the public discourse by demanding affordable housing and other essential goods, issued a document this week calling for a new socioeconomic agenda. Topping their goals: "minimizing social inequalities."

A small group of family-owned companies control banks, supermarket chains and media, cellphone and insurance companies. They borrow heavily, posing risks for the larger economy and, through a web of interconnecting enterprises, make it harder for others to get into the markets they dominate.
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OpedNews volunteer from 2005 to 2013.

Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.

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