George Soros Identifies The Threat Posed To The World By Capitalism

George Soros is a man who is known to have taken advantage of the capitalist system that dominates the economic system of the world in the late 20th-century and early 21st-century. The work of George Soros as a business and investment specialist has seen the investment specialist create a personal fortune of more than $25 billion over the course of his career as a hedge fund manager who became famous in 1992 for the key role he played in the devaluation of the British Pound; the Open Society Foundations reports George Soros believes his own personal economic success has resulted in a commitment to charitable work being completed in the name of George Soros through the Foundations in the name of the Hungarian born philanthropist.

Capitalism may have allowed George Soros the opportunity to create a personal fortune Forbes rates as the 21st largest in the world, but he has also looked to bring an end to many of the advantages he receives as one of the world’s richest individuals. The Open Society Foundations reports George Soros was a major opponent of many of the dominant totalitarian regimes of the 20th-century, including the South African Apartheid system and the communist regime that swept across eastern Europe in the wake of the end of hostilities at the close of the second World War. Soros has taken a stand against both these outdated versions of the closed society and uses the ideology developed by philosopher Karl Popper of the open society that has been developed over the course of the career of the Austrian philosopher; Soros himself is known to have used Popper as a mentor as he set out on his life and career in the late 1940s in the London capital of the U.K.

In an article for The Atlantic, George Soros detailed his beliefs about how and why the open society is threatened within the U.S. by the rise of capitalism as the dominant ideology that has divided the world into the rich and the poor. Soros explained he sees many similarities between the global political situation at the start of the 21st-century that is similar to that of the early 20th-century in the buildup to the World Wars; in the 21st century, George Soros believes the rising threat of a capitalist system standing without rival will see a rise in fringe groups across the planet. Politico reports George Soros has been a major critic and opponent of the rise of the so-called “alt-right” in the U.S. that resulted in the election of President Donald Trump in the 2016 Presidential election cycle.