The Israeli Way of Doing Business - Interview with Oxford Professor Derek J. Penslar
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- čas přidán 8. 07. 2024
- KNOWLEDGE@WHARTON ARCHIVES: Does ethnicity influence economics? Knowledge at Wharton investigates this issue with Derek Penslar, professor of Israel Studies at Oxford University and also professor of Jewish History at the University of Toronto. He has written a book about the history of the Jewish people and the group’s strong association with commerce, Shylock’s Children: Economics and Jewish Identity in Modern Europe. Penslar argues that there is no monolithic “Jewish economy.” Rather, certain forms of economic behavior persisted throughout the Jewish world that tended to repeat themselves in many situations, enhanced by a sense of unity among Jews from different regions.
More on this interview: knowledge.wharton.upenn.edu/a...
#jewishhistory #economics
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People of Israel need to learn and want to learn. Everybody needs to learn but they are more aware of that fact and they do more. I wish that all people were like this, hungry of knowledge and inovation.
YEAP - BY KILLING WHOEVER SHOWS UP IN THE WAY - THANK YOU :(
@@mred7924 calm down man, calm down.
Heaven in Torah is explained as being in another realm, where souls sit with the greatest people of the past & learning with them
But you know, it's fairytale.
Yet, compared to islam, it's getting pretty haram those 72 virgins
@@hexagramz5115 its actually the people are wrong
@@mred7924 your jealous
As a jew is following 613 commandments on a daily basis throughout his entire life, it makes them hardcore habit developers and masters of willpower.
Most other people can't even be bother to turn off their tv or social media and start studying the trade they actually wish to pursuit.
most jews follow little to none of these commandments.
Very orthodox jews do.
I wish my people the hezara people of Afghanistan can achieve just ten percent of what Jewish has achieved
Our people has suffered too much in the past 200 years by almost everyone around us
Hope one day we can stand on our own feet
Afghanistan was part of india
109 countries. Soon to be 110
Kabul in the time of Jacob and Esau, was part of their territory, this is in the Bible.
I love u
@@suzettepfleider7157 where does it say in the Bible?
Its very simple. Loyalty and a genuine interest in higher and lower knowledge establishes the tree of life.
Why would you have interest in lower knowledge
And interest rates.
This interview really claryfied lots of my questions from the past. Enjoyed very much!
WHAT did this moron spouting nothing answer for you? Really. I am not kidding.
Very presentable, eloquent & poised. Impressive & credible in content. An excellent personality for a Diplomat because of his attentive listening & calm disposition.
For more details read Rabbi Daniel Lapin's book "Thou Shall Prosper". It goes into great detail as to how Jews think about money. Great book and there's no reason why others can't think in the same manner
Thanks a lot for a wonderful recommendation
Insightful! Thank you for putting this together. It will certainly be a "best practice" strategy to kind of evolve more towards intellectual independence, much more open corporate or managerial structure, and the informality around how we perceive constructive critcism or the areas of opportunity rather than taking it either in a negative or a condescending manner.
This was a GREAT interview/talk! Thank you.
As a Pakistani i found Jews to be very ethical in their business dealing and supportive of innovation. They make great mentors.
🤣 good one rabbi
Lol
@@kingcarlos4348 lmao
God bless you.
I've found Pakistanis to be backstabbing liars
Great discussion..thank you for posting..
What an amazing take and a very intelligent and articulate man.
Very interesting interview. Humble, knowledgable and enlightening. Thank you.
You must be joking, what a waste of time, a history lesson!
keplermission
Couldn't agree with you more. What did you learn other than a history lesson? LoL!!
@@keplermission you 9ó090ooô pp ok99ca99n cal ofr you'reoóó
@@keplermission 9
Support by the US. No 15 minutes needed
If you read the Quran (I've only read a few chapters, not to pretend to be an expert) you'll see that economic engineering was a part of Middle Eastern thinking outside of the Jewish community over a thousand years ago. Teaching your people not to spend money with certain communities because when they have money and Muslims had resources they wouldn't buy them from Muslims and that would be bad for their community. When you look at the Bible's edict not to wear mixed fabrics, this was a sign of decadence or waste back then, because the Jews were not the community producing these mixed fabrics that were in the markets, so it was seen as a waste of money. People think it's just an arbitrary religious rule, but it was community economics. Kwanzaa, the African-American holiday that no one celebrates is about community organization. The days are about teaching community building (Black unity, self-determination, community service, cooperative economics, etc...) When you're a stateless nation for so long in a mercantile civilization, you learn how your community gains wealth and loses it, because you don't have the myths of your own innate superiority and propaganda created commodity fetishism hiding the economy from you. The Jewish community take care of their community and take care of their business and businesses. That's the *correct* way of doing business.
Everything is fine provided you keep it honest and are not malicious in your practices toward other groups. Alas, that is not always the case.
Mohammed was taught Torah and Jewish concepts by Jews ;)
"...mixed fabrics that were in the markets, so it was seen as a waste of money. People think it's just an arbitrary religious rule, but it was community economics." Does this mean that not eating pork was because of no refrigeration and trichinosis?
Like the way how this professor explains, very clear, straight to the point. Great!
All of his crap was a long and winding pack of nonsense. What was "'straight" and what "point" did you hear him making?
There was a video on YTube of the Ramatkal (Chief of Staff of the IDF) speaking to a large group of Israeli commanders (officers) and urging them toward innovation. The video has been removed, but it was in Hebrew and I understood it. There is a definite connection between technological progress in Israel and it starts in the upper echelons of the army.
What a sound communicator, i enjoyed every bit of it.!
Quite enlightening interview
fantastic interview
Israeli's are awesome and crazy at the same time! Before returning to the land, Jewish people in Europe and sometimes the middle east were not allowed to own land and at the same time were always literate. As quintessential survivors they just adapt to what's needed to live.
Wonderful output
I wish these types of discussions would find their way into the mainstream media and replace wokeness
It's all there. There aren't any secrets. Because it's regarded as "Jewish", the fickle and not-too-smarts keep it from the lessons to be learned and learned by any child.
What, no? Ummm, yes!
FJB
Mainstream media is not interested that much. There are bigger cash cows out there for them.
This was a very eye opening interview.
Excellent insights, thanks! watching from Israel, learned a lot!
Fascinating discussion.
I love listening to this guy talk.
All great info! We also can’t deny that it does help that they got free land from Palestine
This is simply a rich conversation.
Romans 10:1
Authorized (King James) Version
Brethren, my heart’s desire and prayer to God for Israel is, that they might be saved.
"Common threat, whether real or perceived"--haha, gotta love the PC talk!
I like the way he uses his hands
One of my all time favorite books. Check out “With All Your Possessions” by Meir Tamari. Unfortunately not available on CZcams. 10:56
"Embarasement of talking about the Jewish Economy?" No need. Dr Pensler did a wonderfully instructive job. He talked about the past, the present and the future for a full 15 minutes without mentioning once Palestinians. A very thorough analysis.
And the fact no country has ever been subsidized by a foreign as Israel has been by the US and Europe in world history. Israel has received the most foreign aid from both the US and Europe since WWII and it's not even close. Let's not forget all the numerous cases of scientific, military and industrial espionage of it's closest allies.
@@karimb972 Human rights and human dignity are not contingent to the size of the wallet. Somewhere, somehow, the negation of the Palestinians and many other cultures on all continents, including the first nations in my own country (Canada) is justified by their comparative lack of technological advancement, as if it mattered. Anything to justify domination of others in order to legitimize one's privileges at their expense.
How much does Palestine have to do with Israeli economies?
@@dorandacolbert5973 A short read on Wikipedia under "Boycotts of Israel" will help you have some basic understanding on the matter. Good luck.
Interviewer is so careful with his words. LOL..
Thank You
fantastic! Loved the honesty, openness, and depth of thought.
A major factor in Jewish economics over history was that Jews were prevented from owning land and were very limited on what they were allowed to do. Prior to Jewish exile from Israel, Jews were into farming. That all changed in exile. If you look at many Laws in the Bible that pertain to economics, you'll see the focus on farming issues, like tithing of produce, etc.
beautiful articulated. I'm searching for more of his content.
Respect from INDIA🇮🇳... 🇮🇳❤🇮🇱
Fuck both countries.
Thanks from Israel 🇮🇱❤🇮🇳
@@abrarbhat2188 Ka boom
@@norkid5207 India Israel both are very racist states, Hinduism is racism, jews also consider themselves as choosen people 😂 which is also racism.
Still better than being a hilly billy
Jews having to do business with and under Muslim Arabs for centuries will make you great business people. Also helps when you care more about furthering your people than hating your neighbors.
such an intelligent man
I’m an Indian and my family is in the diamonds business. If you anything about the diamonds business, you’d know what this means. I can offer an easy explanation of the Jewish way of business. It’s the strong desire for material success. It’s very strong for various reasons, cultural, historical, familial etc but it’s very strong attachment for material success. For Indians (non abhramic faiths) material success is always secondary karma, moksha from birth to death remain primary, permanently from one generation to another.
@CATHORYN yes wealth is their God. For us wealth is abhorrent because it makes man proud and vile. He even destroys own health and family for wealth. We don’t lower the status of God to wealth or material creature comforts. We have a different view and understanding of the Supreme.
Tell us more please about how wealth is the god of the Jews. Please enlighten us...
That's some serious B.S.
Material success would be a sustsinable part of spiritual blessing. As Abraham had it for example. Without spiritual foundation it becomes greed and fires back at the person eventually.
Non Abrahamic, how you explain the hindu Gujratis & their thirst for acquiring wealth in businesses - not a bad thing in my opinion
Good presentation. Well done.
Throughout history Jewish people have used their talent to always be close to super powers of the time Romans , British empire and now US empire to progress
So happy for their talent of resilience and spirit of innovation
I find it so nice that the protestant and jewish community and their so heckin valid allied organisms (UN and NATO forever!!) have such similar work and earn hard view of the material world!
Protestantism/anglicanism and judaism, the anglo and the hebrew, a tale of two brothers! US, GB, CA, NZ, AU 🤝IL you mess with one you mess with all!!! and if you don't like it then pack your things snowflakes!
I like the finishing point. Very calm man.
Every smart man is always calm.
Another brilliant Jewish man!
I think part of why Israel is so successful is because they fully utilise an asset that most countries in the world do not. Women. Women are more equal to men in Israel than in any other country on Earth. women are fully capable, physically and mentally, to be as productive as men. Any economy that fails to utilise that productivity by I think the US and China also do well on that score and as a result are the largest economies on the planet.
And we all know what kind of work women do well.
Exhibit #1: The Epsteins.
You are referring to the Women's liberation which is barely 40 years old, whereas the prosperity of Jews dates back to thousands of years thanks to their faith and hard-work.
Tbh that does make sense, even in the ancient world, while hellenics believed women are a curse Jews gave much more rights to women
@@EL-oj6uq Yeah, and despite the efforts of half the world to destroy us throughout history - we're still here and as strong as ever.
Excellent. When the focus is on power and success, money and its acquisition supersede culture and ethnicity. If the ones that stay on top of the mountain are of a certain ethnicity, then their ethnicity becomes the target of their jealousy because of the tendency to absolutize a lie as a method to "dethrone" them. Therefore, economically thinking, I believe it is best for Americans to leave the "Keynesian playground" and return to real money, gold, and silver, in order for there to be an equal competitive "ethnicity." The "trap" to thinking success is because of a certain ethnicity will be held in abeyance. In other words, no more "Rothschild central bank dominance in the West."
What is the word used for the mitzva based on a #Torah verse to give preference to a Jew over a non-Jew ? The word for a person should strive to give preference to doing business sending/receiving money with another Jew. This is the key process how #Jewish people #united transfer money under the table without traceability. For example, I call my cousin in #Israel tell him John is landing tonight give him $1,000,000 he has paid me here in #America and my cousin and I will settle the books between ourselves without Internal Revenue Service #income #tax knowing.
Wow,the hatred is strong in this one.....
Coming next. SBF’s way of doing business. Cannot wait !
:)
With so much hate speech around of late, this has been a very helpful and heart warming account from a sociological grounding.
Was hoping youd address the wage gap in the usa between other religions or the international banking system ran by MNEs tied to certain families, but thanks for sharing this. I will keep looking for the jewish side of the story
The Jewish strategy has known to be the best in history and definitely a powerful race. The eloquence in economics, strategic planning and analysis, and important to learn from others religious sciences and apprehend in perspective.
@@groupchat2554 jealous?
@@wyntresorrow403 what a stupid question. One who believes in his or her religion doesn t give a fuck about the question you ve just asked you idiot, his ethic is way more important than using his religion to make money
Good presentation. very clear, straight to the point
- American Jews by far and large are a comfortable and successful minority. And in many ways the innovative aspects are being bled away by that success.
Jewish literacy is not a consequence of living in towns, but of a religious duty. First century BC.
It always amazes me how Americans or other European scholars say "Jew" and mean just an "Ashkenazi" (German/European/East-European) Jew - completely forgetting the Jews of the islamic world (and beyond). They took major economic roles in their diaspora and were very different in that - they often COULD OWN LAND or at least - own land-related agricultural enterprises - from small home-farms to huge fields of rice and wheat in Iraq. These jews are completely neglected, although their impact on both economy and history is huge (The greatest jewish banker - was not Rothchild, but a Syrian jew - the Safra family). I think any discussion of Jewish "Economy" that doesn't include analysis of these jews (which are the big majority ofJews in Israel too) -- is far from satisfactory.
Such a insightful interview
The Levaon Affair show you everything you you need to know.
How do I receive years on end e-mails about helping Israeli children living in poverty. This is the case since 2005, we are entering 2023… can anyone explain this contradiction?
one of the elements is that Jews are always encouraged (by their spiritual leaders) to ask questions about their way of life, the commands and so on. why do they do X and not Y
How many Lords are there? Psalm 110 1
The LORD says to my Lord: "Sit at my right hand until I make your enemies a footstool for your feet."
'Horizontal integration' word salad for Jewish nepotism, favouring fellow Jews over non-Jews at the heights of business finance and government. What could possibly go wrong?
you mean exactly like any other enthnic group favoures doing business with their own? If people would learn from their mistakes instead of blaming it on the jews they would be a lot more prosperous but I guess it's always easier to blame someone else for your own mistakes
@@yosimekupelet ah that's cute that you think WASPs can get away with doing that in 2022. Always by competency, anything else is racist. If you're so marvelous then why does Israel sit next to Slovenia in GDP per capita? Give your brain a wash and read the Bible especially the second part
Mmmmm
Although I understand this point of view, and even agree with it, it's still makes most Jews feel uncomfortable when people use stereotypes about Jews. Karl Marx said, "the only God Jews have is money". Such stereotypes about Jews have made Jews a target throughout the ages, and they are still a target today. Israel's economic success can be explained through Jewish and Israeli history. But the economic situation of Jews wasn't always good. Most Jews in the 18th through 20th century lived in total poverty in Russia & America.
How privileged Jews must feel that their main stereotype is about how rich and successful they are. Cry me a fucking river.
@@Wesley296 your jealous
@@Wesley296 well that stereotype can be used to exploit for certain positions in life
@@Wesley296 How bitter and babyish you must be to respond so petulantly to a comment that is simply showing fairness to a group of human beings that has been the subject of persecution.
Karl Marx himself was also Jew
Incorrect to lump China & India as both are totally different from each other. While China is largely a han majority nation while India is a multinational multiethnic country. The vaishya Hindu who form majority in Hindu nation but among Sikhs Muslims you don't have any such burdens. Hence most wilful defaulters on NPAs list are vaishya hindus from MK Gandhi caste
So it's a matter of culture!!!!
We need to see Economics as follow : Credit vs Debit.
What
Yes! Input vs output
Nice peoples
Presuming two people get married and want to buy a house and the money for whatever reason isn’t available, how would or should Jews go about it?
I dont think thats the only "israeli" way of doing business. actually they do whatever is necessary to get the job done and they dont care about "means" for achieving their goals.
It reminds me of the Mormons in US who value education business and solidarity.
They still stood that land....its facts
Most Jewish people tithe and give. They have a religious mandate that dictates their actions, and if they follow them, God blesses the works of their hands. Try tithing and giving to the poor and see what it does for your business.
I once worked for a jewish guy who every morning would tell you which credit cards to pay out of the 32 credit cards he juggled. His business was a bazaar or thrift store where vendors bought space in his big warehouse. Classic stereotype of how jews you other people’s money to do business. I guarantee he didn’t pay his employees on time. LOL. True story. Stamford CT
One word, "usury."
ooof :p
It would be nice to hear about the ages old Jewish lenders connected to the fallen.roman empire...which influenced Shakespeare's merchant of venice....and the empire they maintained throughout a large portion of europe and asia... without firing a shot....lending money with interest was forbidden by the ancient books of the christains and moslem religious sects....leaving the early jews at that time of eastern Europe and how they still through their lending practices moved their operations to england and the Netherlands....later to wall street....touching on their revolutionary ideas is a good start....but their economic practices back millenniums...and has led us to the financial chaos we see today....there are wonderful contributions they made in the arts and entertainment areas.... although much has been subject to corruption....I truly wish that when mentioning the jewish holucast that other genocides would be included....the once oppressed Jewish population of europe has led in a large part to the oppression they perpetrate in their illegal land settlements in Palestine and how the idf form of police brutality is taught to western police forces such as seen in the george floyd neck/choke tactic...the reach 9f the hard core eastern European Jewish leadership in isreal has tenacles around the world....not such a positve influence to say the minimum...why the US continues to throw 4 billion in their support is unconsciousable as the economy in isreal is in the black and offer free medical and higher education....but some are now connecting the dots....seems the non semetic leadership is worsening the narrative #the once oppressed have become the oppressor...deep dive this ancient origin of jewish business practice i# lord balfour declaration... cheers from Mexico
I try lean Jewish tradition and mentality, so mart and tough people.
Video on Israel business practices without mentioning 5 bn per year from the USA. Nor the Torah. Quite a performance
💚💜💚💜
The jews are cool 😎 I want to do business as well as a jew some day!
The Israeli economy can be summarised in: necessity is the mother of invention
Necessity is the mother of desperation. Invention requires time and space to achieve anything. If you NEED to eat and have no food, you're not "innovating" your way to a full stomach by nightfall.
I'm a Hindu but I'm impressed by Jewish wisdom
Arjun Bhasin u mean indian
wtf ! u mean by Hindu ??
@@catfink4710 Hinduism is a major world religion. Don't you know?
Hindu is a persion word. It's nowhere seen in indian Vedas or other religious text. It was first used by britisher as a common name to the majority of India.
@@jijishankaran4075 Why I can't say Hindu ? If Indian or Hindu means same. You don't actually need to go in literal meanings. They do change with time. In ancient times, Hindu was referred differently, and now it is referred differently.
Could some of you in the comments enlighten me on what you found so interesting, useful, and fascinating?
I didn't find there to be much substantively said at all.
Thx god ! all of my Russian girls are from economic universities but I never let them get money from me !
Asian looking 🦃😂😅
Money is the culture for jews and they r really smart...$$$$$$$$
Greed is the culture.
@@MS-in3sl Incorrect.
It helps if you can accumulate money effectively. It leave you more time to focus on other important and fulfilling aspects of life.
@@jimbush80528 how are you defining....’effectively’? 😁
@@MS-in3sl Fk off triggered snowflake. It's no one else's fault your IQ is too low to be as successful as them
European sensibilities have shaped Israel, but scholars seem to dote on Ashkenazim as the root of all Israeli socio-economic history (3:50). When discussing the historical impact of Jewish culture, they often overlook Sephardim, and altogether dismiss Mizrahim and Ethiopian Jews ("Beta Israel'). Perhaps this is because a euro-centric caste system thrives in Israel, and Sephardim, Mizrahim and Ethiopian Jews remain disproportionately underrepresented in government. Yes, there presently exists some "embarrassment" in talking about the relationship between Israeli culture and intra-state economics (14:15).
Europa über alles mein freund!
Armand Arceneaux my goodness you are so right
TRY TO CONNECT YOUR CULO WITH YOUR SILLY BRAIN - UNLESS YOU ARE UNDER DRUGS, YOU ARE READ AS AN IDIOT - JUST LIKE MANY AROUND HERE --- SUFFERING EPIDEMIC BIOPOLAR SYNDROME -- CHILLS ME OUT, ASSHOLES :(
🇮🇱 is an apartheid, ethnostate. Ethiopian blacks get beat to shit and harassed by IDF and 🚔 regularly. You look Arab. Are you a Zionist? Live in M.E. or Europe?
NM a freaking contractor/merc Blackwater sellout? Grunt traitor😤 how's 🇮🇱 and Eric Princes and Bolton and Pompeos 🍖 taste by a simp? And fuck your service or false valor
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success and prosperity/economical and otherwise/in biblical term is called "blessing"....I know it's a religious word,but perhaps it's time to think about it more seriously
Fractional banking system is the key to understand the bigger picture.
Don't question ...zionism...
For all the people on the earth. Question. You’re innovative thinker. But there’s diaspora and ties in the world. Would you be open to make business with everyone or only with a diaspora. So there should be competition of diasporas? This is the point the world should be open for everyone; no matter his origin, but who he is. That’s not the case. You can be talented innovative etc, but you’re not in the “club”.
You mean high interest rates?
Just a last thing when I said pure jewish state...I mean at majority jewish....or originaly jewish...it's very different and very important to precise
I only say:"Kibbutz 4ever!" (Please think about it)
For sure true it is kibbutz is the way to go. Baruch Hashem
Chutzpah is the reason for Inovation Israel.
Jesus Christ died on a cross, he was buried in a tomb, and he rose again on the third day according to scripture. #Romans 10:9-13 kjv