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Page 1
Jew-conomics
 An Exploration of the Jewish Perspective on Economic Systems.
Yeshiva University
•
500 W. 185th Street, CJF Storefront New York, NY 10033
•
Phone
(212) 960-5261
 
Fax
(212)-923-3745
•
eimatai@yu.edu
www.eimatai.org
 
Page 2
Yeshiva University
•
500 W. 185th Street, CJF Storefront New York, NY 10033
•
Phone
(212) 960-5261
 
Fax
(212)-923-3745
•
eimatai@yu.edu
www.eimatai.org
The Great Soda Market Experiment
Let’s do a recap of the Great Soda Market Experiment we just conducted:
•
Explain to the group what your role was in the Great Soda Market Experiment.
•
 What did you think of the Soda Experiment?
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 Were there winners and losers in the Experiment? Who were they?
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 What dictated who won and lost in this game?
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How fair was the game we just played?
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How realistic was the soda experiment to how the actual economy works?
•Is this even a relevant discussion for us to be having?• What relationship is there anyways between religion and economics?• What role does economics play in our lives?•Should it have more of a connection to religion that it does? •In what ways can we find connections between Judaism and the economy?•Can you think of any stories in the Bible, or any Jewish Laws, that relate toeconomics?• What does halacha tell us about our business dealings and other financial issues?
 Why Talk About Economics?
 
Page 3
Capitalism:
Capitalism is the economic system in which the means of production are distributed to openly competing profit-seeking private persons.Investments, distribution, income, production and pricing of goods and services are predominantly determined through theoperation of a free market in which anyone can participate in,rather than by central economic planning.
Yeshiva University
•
500 W. 185th Street, CJF Storefront New York, NY 10033
•
Phone
(212) 960-5261
 
Fax
(212)-923-3745
•
eimatai@yu.edu
www.eimatai.org
•
 Which one of these sounds better?
•
 Which one of these sounds like what we have in America?
•
 Are these the only options out there?
•
Is either of these socio-economic models better based on Jewish values?
Socialism:
Socialism refers to a broad set of economic theories of socialorganization advocating state or collective ownership andadministration of the means of production and distribution of goods, and the creation of an egalitarian society.Socialists mainly share the belief that capitalism unfairly concentrates power and wealth among a small segment of society that controls capital and creates an unequal society.
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