Charliehall,
You are 100% correct about Israel being a socialist country.
In fact Bibi’s claim to fame and the reason for his enduring popularity is the fact that he is one of the first Prime Ministers, perhaps the first, of the State who actually has an understanding of economics.
For most of the States history the Prime Minister was exclusively a security expert with no real economic experience unlike the MIT trained Bibi
As a result Bibi is actually credited with finally destroying many of the socialist components of the State and unshackling the Israeli economy.