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Israel Needs a Better Welfare Policy to Recover From COVID

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The narrow victory of the Social Democrats in Germany, like U.S. President Joe Biden’s hard left turn – raising taxes on the rich and using the money on social programs for the poor and middle class – raise the question of whether, after three decades of aggressive capitalism, social democracy is coming back.

In Israel the coronavirus crisis, and perhaps also the presence of Meretz and the Labor Party in the governing coalition, has created among many an appetite for an expansionary fiscal policy, broad social safety nets and an increase in the government’s commitment to provide well-developed social, health and educational services and infrastructure. But when it comes to Israel, it’s best not to let one’s expectations get too grand. We are still dealing with the consequences of the pandemic, and will be for quite some time.

If the world is bearing slightly to the left, it is not because of the pandemic, but rather because of what many people have discovered as a result of it: Major crises require........

© Haaretz

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