Kvutsat Yovel is a socialist

Socialism

Socialism is an economic system characterized by social ownership of the means of production and cooperative management of the economy; or a political philosophy advocating such a system. "Social ownership" may refer to any one of, or a combination of, the following: cooperative enterprises,...

 Zionist

Zionism

Zionism is a Jewish political movement that, in its broadest sense, has supported the self-determination of the Jewish people in a sovereign Jewish national homeland. Since the establishment of the State of Israel, the Zionist movement continues primarily to advocate on behalf of the Jewish state...

 group which began in 1999, and comprises graduates of Habonim Dror

Habonim Dror

Habonim Dror is a Jewish Labour Zionist youth movement formed by the merger in 1982 of the Habonim and Dror youth movements. Habonim Dror's sister movement in Israel is Hanoar Haoved Vehalomed, the Working and Studying Youth.-Ideology:...

 from the United Kingdom, Australia, the United States of America, Canada and Israel.

Members of this group have settled in a kibbutz

Kibbutz

A kibbutz is a collective community in Israel that was traditionally based on agriculture. Today, farming has been partly supplanted by other economic branches, including industrial plants and high-tech enterprises. Kibbutzim began as utopian communities, a combination of socialism and Zionism...

 of ten kvutzot

Kvutza

Kvutza or kevutza can be used as:*A definition of an organized group of children consisting of boys and girls graded by age, as used in modern Israel.*It can also refer to any other type of group of individuals...

in Migdal HaEmek and Nazareth Illit

Nazareth Illit

Nazareth Illit is a city in the North District of Israel. At the end of 2007 it had a population of 40,800.Nazareth Illit was founded in the 1950s. Foundations were laid in 1954 and first residents moved in two years later...

, totalling about 90 members.

Meaning of the name

Yovel is the transliteration

Transliteration

Transliteration is a subset of the science of hermeneutics. It is a form of translation, and is the practice of converting a text from one script into another...

 of the Hebrew

Hebrew language

Hebrew is a Semitic language of the Afroasiatic language family. Culturally, is it considered by Jews and other religious groups as the language of the Jewish people, though other Jewish languages had originated among diaspora Jews, and the Hebrew language is also used by non-Jewish groups, such...

 word for Jubilee

Jubilee (Biblical)

The Jubilee year is the year at the end of seven cycles of Sabbatical years , and according to Biblical regulations had a special impact on the ownership and management of land in the territory of the kingdoms of Israel and of Judah; there is some debate whether it was the 49th year The Jubilee...

. The Jubilee is a biblical concept relating to the redistribution of wealth and liberation of slaves every 50 years.