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Israel's Kibbutz Collectives Find New Purpose in Green Ventures

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Members of Kibbutz Ketura, a collective farm in Israel’s Arava Desert, share meals under the fluorescent lights of a spartan dining hall. The kibbutz’s leaders earn the same pay as the laundry folders: nothing, other than occasional dividends and monthly allowances. Anyone who wants a new air-conditioner to make it through the desert summer has to sign up on a waiting list. Yet Ketura’s commitment to socialism hasn’t stopped it from forming a partnership with Siemens AG, Europe’s largest engineering company. Siemens last August paid $15 million for a 40 percent stake in Arava Power Co., a company affiliated with the kibbutz that plans to start generating solar power this year. "
SOURCE:   Bloomberg