George Soros is one of the most prominent billionaire investors to ever walk the face of the planet. His work with the Soros Hedge Fund, created after emigrating to America from London, has given Soros the chance to impact the world in a huge and fundamental way. Soros has turned into one of the foremost billionaire progressives in the world, of which there are few, and his work has constantly been pushing the core democratic and progressive values of freedom, upward mobility, social equality, and fundamental justice. Soros has largely been sitting behind the scenes of the political world for the better part of the past decade but the rise of Donald Trump and the anti-intellectual Republican party have brought him back out to fight the good fight. Visit Project Syndicate to learn more about George.
The 2016 presidential election is something that nobody will forget. It will be considered as one of the most divisive, country altering elections of our generation. Donald Trump, as the Republican nominee, ran on a platform of violent rhetoric, ignorance, and hatred. Somehow, Trump managed to rile up a core base and push his way into the White House. George Soros, known for his progressive values and open society instincts, fundamentally opposed everything that Donald Trump stood for — and that brought Soros back into the political arena.
Soros came into the election season in order to give a major shot in the arm to the Democratic and progressive party. Soros donated upwards of $25 million to various PACs that supported Hillary Clinton and other progressive candidates. His goal was simple: to reinforce the party who was fighting for the alignment that most closely mirrored his values — and that was the Democratic platform. While Soros wasn’t successful in helping the Democrats take the White House, he was successful in bringing about a great energy and movement within the party. Progressives were back and willing to fight for what they believed to be right.
George Soros is also one of the most successful capitalists of all time. The Soros Hedge Fund as well as the Open Society Foundations have been true game changers on the market. The Open Society Foundations is, of course, Soros’ philanthropic arm. The Soros Hedge Fund is an investment fund that Soros has fine tuned to perfection all while sticking close to his own values and belief systems. Still, for all of his success as a capitalist Soros isn’t ready to stand behind the concept. In fact, Soros believes that capitalism goes against the core values of an open and fundamentally democratic society. Read more about George’s life story at biography.com
Soros understands that he made his fortune working with finances but he also fears the long term repercussions of untold billions being earned through this way. That is why Soros is trying to balance capitalism out through a strong Open Society effort via his philanthropic arm.