Israel’s Ambassador Ron Dermer: “One of the main keys to Israel’s success today was getting rid of the socialist system on which the nation was founded and embracing capitalism”

KNOWLEDGE@WHARTON
Israel’s U.S. Ambassador on Capitalism, Genius and Chutzpah
April 7, 2016

The recent nuclear deal with Iran. The ongoing threat of terrorism in the Middle East. The still-unresolved Israeli-Palestinian conflict. Issues involving Israel appear in the news almost daily. And the country’s political actions continue to spark strong opinions inside and outside its borders. But often lost in public perceptions of Israel is what this tiny country of a mere 8 million people — founded only 67 years ago, possessing few natural resources, and facing constant security threats from its neighbors — has achieved from an economic and business standpoint. Ron Dermer, Israel’s ambassador to the United States, recently spoke at Wharton on this subject and promised to reveal “the secret of Israel’s success.” READ MORE

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