George Soros Reveals How The Capitalist Ideology Is Causing Global Problems

The life of George Soros is one that could fill the pages of many books as the man who lived through the Hungarian Holocaust of World War II made his way from the position of Jewish refugee to one of the most successful hedge fund managers in the history of the financial markets. Despite having made his fortune under the dominant capitalist regime of the 20th and 21st-centuries, George Soros has recently become concerned by the fact capitalism is a political and economic ideology without equal or rival since the fall of the Berlin Wall and the conclusion of the “Cold War”. In a recent article for The Atlantic, George Soros set out his belief in the problems caused by the fact a single political and economic ideology had become the overriding victor in the battle for supremacy between capitalism and communism in the 20th-century.

The Open Society Foundations reports George Soros gained a major part of his political and economic belief system during his time as a student at the London School of Economics, a period that began when he arrived in the U.K. in 1947 when Soros left Hungary and made his way to the safety of the U.K. after communism took control of Eastern Europe in the days following World War II, during which time Soros saw the problems in the rise of totalitarian regimes; Soros was a prominent supporter of the resistance during the Cold War as millions of people found themselves stranded under the Soviet rule of the middle of the 20th-century that swept across swathes of Eastern Europe. The open society theory was popularized by philosopher Karl Popper, a former teacher, and mentor of George Soros who is credited with bringing the future hedge fund expert into a position of understanding of the way the different ideologies of the world affect our lives on a daily basis.

The work of the Open Society Foundations George Soros founded in the middle of the 1980s is a reflection of his beliefs in the need to ensure a dominant political ideology does not take control of the political landscape of any nation. Over the course of his career, George Soros has looked to develop the Open Society Foundations in a way that reflects his belief in the need to fight for the rights of the millions of people in the world who are trapped under the rule of closed societies. In the U.S. of the 21st-century, George Soros has been known to compare the policies of the right and President Donald Trump with the rise of Naziism in Germany and Soviet rule in Eastern Europe that shows how the rise of capitalism poses a threat to the security of the world as a whole.

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