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Israeli law makes greedy capitalist business behavior mandatory

Opinion /

December 2022

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Maital, S. (2022). Israeli law makes greedy capitalist business behavior mandatory. Samuel Neaman Institute.
https://www.neaman.org.il/en/israeli-law-makes-greedy-capitalist-business-behavior-mandatory/

Israel’s 1999 Companies Act, Article D, Section 11 (a) states that the purpose of a company is to make money. Period. Not to serve the people.

Prof. Shlomo Maital asks the real question: ”Whom do businesses serve?”

Link to the full article on JP

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