George Soros: Fighting the Threat of Capitalism to Open Society

George Soros believes that the open society ideology provides the best platform for building truly democratic societies free from regimes and ideologies that seek to monopolize ultimate truth dispensation. It is such conviction that he first developed during his university studies that has seen him dedicated him time and financial resources to championing for the creating and fostering of democratic and open societies throughout the world. Following the fall of Soviet Union at consequently Communism, George Soros embarked on a quest to propagate the open society and democracy ideologies in the emerging societies including Poland, Hungary and Czechoslovakia. To fill the ideological vacuum created by the regimes that had a tight stranglehold on the ultimate truth, he founded Open Society Foundation in 1979.

Since founding the charitable organization, George Soros has achieved various milestones in territories beyond the former Soviet Union members where Communism was the overriding central dogma. Through several network of organizations, Open Society Foundation has overseen the flourishing of its foundational philosophy in Germany following the fall of the Berlin Wall, China and South Africa. In the latter, George Soros was involved in offering scholarships for black South Africans in a bid to challenge apartheid, which segregated the black South Africans. According to George Soros, the laissez-faire capitalism that is currently sweeping across many continents poses the greatest threat to the open society ideology and democracy. This is because it overstresses on self-interest, excessive individualism and perfect knowledge. It does not take into account human fallibility. This leads to unequal wealth distribution and maligning of human rights and democracy.

Philanthropic Endeavors and Political Activism

George Soros is a Hungarian-born American business mogul with strong philanthropic and political activism interests. He is one of the world’s richest people and has dedicated a significant portion of his wealth to helping the needy. As a philosophy student at London School of Economics where he studied for both his Bachelor’s and Master’s degrees, George Soros developed a philanthropic ideology based on creating an open and democratic society from an early age. One such cause that he has supported is economic empowerment of immigrants and their host communities. This saw his donate $500 million to help with the setting up of businesses whose proceeds will be ploughed back to help these communities and immigrants. George Soros’ successes exceed the numerous successful companies and books he has authored or coauthored. He has donated millions of dollars to support progressive and liberal political and social causes especially in the United States. His political activism has seen him financially and morally support minorities and pro reform candidates vying for various political seats and elective judicial positions such as sheriffs and district attorneys. He has also supported various presidential candidates over the years including Hillary Clinton.

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