Kvod ha Rav, please tell me if there is a Torah approved economic system? Communism steals from the people to redistribute wealth to the party leaders but Capitalism has a serious downside where an elite owns 2/3rds of the wealth and the bottom 10% own nothing. For sure Capitalism is better but is there an even better way? I see that the 10th commandment is to not covet your neighbor's possessions, which seems to presuppose there will always be inequality. Does this mean that inequality is necessary and part of Hashem's plan? How should Jews understand this?

Asked on October 26, 2020