Israeli Kibbutz: A Successful Example of Collective Economy

Abstract

Kibbutz is a social organization established on the principle of equality, public ownership, and voluntariness. Based on the principle of state ownership of land, collective ownership of means of production, and democratic management, such social organization implements the system of from each according to his ability, to each according to his need and distribution based on one's performance. Kibbutz is a socialist economic organization based on collective ownership, in which all members are totally equal. It has been more than 100 years since such organization was first established, in which some reforms were implemented. Kibbutz is a successful socialist economic organization based on collective ownership, and its experiences worth attention from intellectual circles and learning by various countries around the world.