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Question

Is the economic idea of socialism (which I believe in along with Judaism) compatible with Torah or Talmud?

Answer

Though economics in Judaism is usually associated with capitalism, there are numerous socialist ideas within Judaism. We are obligated to provide for all the poor people in the community, via a 10% tax, food distribution, marrying off the poor, etc. - (source: "Code of Jewish Law" Y.D. 250:1). Also, the land division in Israel amongst the tribes, was according to population - (source: Numbers 26:54) There are other social laws concerning the Kohanim and Levites - (source: "Maimonides" Jubilee 13).

With blessings from Jerusalem,

Rabbi Shraga Simmons
Aish.com

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