(daviddegraw.org) The Israeli people have joined the a Global Insurrection Against Neo-Liberal Economic Domination in a big way over the past few weeks, as tens of thousands have been protesting against “the high cost of living and wealth inequality.” This morning, a group of protesters occupied the roof of the Tel Aviv stock exchange. They are also preparing for a nation-wide strike on August 1st.
The Israeli people consistently point to inequality of wealth as a key rallying force behind the protests. Israel ranks as the 5th most unequal in wealth distribution among OECD countries…
“Protesters scaled the building a day after the powerful Histadrut labour union threw its support behind the demonstrators, who have set up tent cities across Israel to protest the high cost of housing….
One of the protesters involved in occupying the roof of the Tel Aviv stock exchange told military radio it was a symbolic gesture intended to draw attention to inequalities in Israeli society.
‘Ten big companies control 80 percent of the stock market and take all the fruits of the growth in the national economy,’ he said…
This summer, Israelis have been showing their anger over the situation, beginning with a boycott of their much-loved cottage cheese in a successful bid to bring down the rising cost of the food item.
Then, in mid-July, students and other young protesters began pitching tents in the middle of Tel Aviv to protest the high cost of housing, quickly winning supporters and sparking similar tent protests in other Israeli cities.” [source]
Video from previous post:
Tens of Thousands in Israel Protest Rising Prices
It is also important to mention that Israel has just passed a new law against boycotts, as Democracy Now recently coverage:
“Israel has passed a new law outlawing citizens and organizations from advocating for boycotts against any Israeli person or entity. The law is drawing criticism from around the world as an attack on freedom of speech. Under the new law, any person, including journalists, calling for the boycott or divestment of Israel or the occupied West Bank can be sued by the boycott’s targets, without having to prove that they sustained damage. We’re joined by Gal Beckerman, the opinion editor at the Jewish daily newspaper, The Forward, which recently issued an editorial claiming “a boycott can be a legitimate use of non-violent protest to achieve a worthy goal.” The editors of the paper then drew a line through the sentence, along with several others, to illustrate the type of reasonable thoughts that will be punishable under the new law.”