Israeli - Businessman | July 16, 1926 -
Instead of giving people fish, teach them how to use hooks.
Stef Wertheimer
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Some countries were able to turn their manufacturing operations into advanced technology areas. South Korea is a great example of this, and manufacturing there is done using advanced technological methods.
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Achievements in successful export industries, which need highly skilled people, can create an area as flourishing as South Korea and Singapore.
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Germany and South Korea were able to lower unemployment through success in export industries.
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The only thing I knew how to do without a lot of money was repairing tools. I actually started making and repairing tools for machines.
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Tech is important, but if you look at even the successful tech start-ups, you see they employ only dozens of people at most. Tech is never going to have the impact on the job market that manufacturing has.
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I see a lot of tech companies developing technology here and selling it abroad, but I don't see new factories being built, and that worries me, because it means we are not creating the jobs that will guarantee a good life for Israelis.
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Israel and our vicinity is an area that traditionally has little industry. The area is known for history, it's known for religious stories, it's known a bit for agriculture, but... neither was the Jewish population thinking about export industry, nor the Arab or Palestinian population.
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I made my money in Iscar. I spend my money on the industrial parks.
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For us to become a nation, everyone - including Arabs, Druze, ultra-Orthodox and new immigrants - must feel that they belong. Their success is extremely important to us. If they succeed, they will come to understand the advantages of democracy and freedom.
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If we see to it that the Israelis, Palestinians and Jordanians have jobs, we will actually be securing our own future.
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The problem with our region is that there are areas with oil and too much money, and then there are places such as south Lebanon and the Palestinian territories where there is no work, and instead of developing industry, they become dependent on oil money - this results in extremism.
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