and Clore co-operate with Israel's largest domestic capitalist group, the Mayer brothers, in real estate in Israel and Africa, and built the only skyscraper in the country, the Shalom tower in Tel Aviv. Wolfson also controls 30 per cent of the major petroleum chain, Paz, which was sold off by Shell under Arab pressure in 1959. Wolfson is also one of the backers of the Israel Corporation, a $30 million company with a minimum subscription of $100,000, which was set up after the June war to finance industrial development in Israel. The increased participation of foreign capital in Israel has led to certain changes within the economy itself, which have also been carried out under the increased pressures set off directly by the level of military expenditure. The economy has been made more 'efficient' by American capitalist standards: taxes have been reformed, investment conditions 'liberalized', and army generals sent to us business schools and then put in charge of industrial enterprises. In the period 1968 -- 69 there was a compulsory wage freeze, and some public enterprises were even sold off to private capital -- for instance, the 26 per cent State share in the Haifa oil refinery. This influx of resources from abroad does not include the property which the Zionist establishment in Israel took over from refugee Palestinians as 'abandoned property'. This includes land, both cultivated and uncultivated; only 10 per cent of the land held by Zionist bodies in pre-1967 Israel had been bought before 1948. It