Here’s an interesting thing. Many professors despise the idea that technology drives history. “Technological determinism,” they say, is a cardinal intellectual mistake like belief in the tooth fairy. No right-thinking member of Club Academe would or should embrace it. In contrast, most regular folks intuitively believe that technology drives history.
The Israeli economy is characterized by extremes: fast growth, sophisticated technological development, large defense spending as well as poverty and inequality. The discovery of very large gas reserves in Israeli territorial waters means that more resources will be available to tackle socio-economic problems but it has also sparked discussion of the Dutch Disease.