George Soros has made a name for himself as an investor in both politics and private business. He also has some very strong views on the best direction for this country, especially when it comes to economic matters. After a few years out of the limelight, he made a comeback during the last presidential election cycle when he became a very strong financial and vocal supporter of Hillary Clinton in her effort to win the presidency over Donald Trump. Since then he has continued to make his views known and has been a strong and vocal dissident against our 45th president.
George Soros views have grown over the years. He spent a significant portion of his life focusing on helping former Communist countries help pave the way for what he called an open society, but he became disillusioned with this idea in the late 90’s when he realized that it was more of a pipe dream than a realistic solution. He still continued to fight against what he considers the capitalist problem, even if he does so in a slightly different way than he once did. Learn more about his profile at washingtontimes.com.
One of the ways in which George Soros has tried to effect change is by donating to the political campaigns of politicians he supports. He fought against George W Bush during the late 90’s and early 2000’s, donated to President Obama despite becoming disillusioned after deciding that Obama did not push hard enough for liberal ideals, and was a major supporter of Hillary Clinton during her campaign. In fact, Soros not only donated the maximum amount he could to her campaign personally but also donated 5,000 through End Citizens United, a small PAC that focuses on grassroots campaigning and ending Super PACs.
Soros is a strong believer that the new enemy is the belief in the “magic of the marketplace”, and the idea that a laissez-faire economy is going to work for the greater good. Instead, he argues that free and open competition leaves some people with more than others and that the longer this system goes unchecked. It is relatively easy to look at the relatively unchecked market of the American economy and see the truth in these words.
While George Soros ideas and words may seem strange coming from a billionaire, his words and economic theories make sense. Soros argues that part of what makes an unchecked marketplace so volatile in part is the fact that supply and demand do not always balance out. For example, marketplace demands and prices are often set based on the perceived value, rather than what something is actually worth. Anyone who has spent even a little time playing the stock market or running a business can understand how much of a negative gamble this can be. Read his profile at Business Insider.
Soros’s proposed solutions and expert knowledge is exactly what the American and global economy needs to get back on track.