Capitalism is an economic and political system that relies more on private owners than government control. This type of process is often used within many democratic or free societies. George Soros is a billionaire that has made his fortune by working and doing business within societies that promote capitalism. However, Soros believes that unrestrained capitalism is not good for anyone.
Keep in mind that Soros believes in an open society. An open society is one that does not restrict a or limits a person’s freedoms. In an open society, people can vote for their leaders, participate I the political process, voice their opinion against the government, worship as they believe and are able to do business within free market.
An open society ensures that people can get ahead and live the best life possible. Capitalism is essential to this process. According to Soros, capitalism promotes self interest. A person’s self-interest can then outweigh the needs of the group or other people. When people are given absolute freedom to pursue their own interests, then chances are they will not contribute or stand-up for organizations with their fellow man.
Sometimes people need to work together to keep their societies strong and intact. This is the biggest problem that George Soros has with capitalism. It can cause people to get on a path of self-interest that will end up leaving other people behind. In a capitalistic environment, some people will get ahead over other individuals. In a capitalistic society not, every person will perform the same. While this is not a bad thing, it can be a problem when it comes to helping people out. It also helps to lead to condition of poverty, racial and social inequalities and disparities.
George Soros wants to help people. He realizes that societies need to remain open and free and that capitalism is a necessary part of the process. Soros wants to ensure that people all over the world have the best opportunity to get ahead in life. This is one of the reasons why he donated $18 billion dollars of his own wealth to Open Society Foundations. This is his philanthropic organization that ensures open societies are a reality for countries across the globe.
Soros’s Open Society Foundation works with thousands of social and political organizations. It also funds businesses that work toward the end of an open society. When groups collaborate with OSF they realize how important it is for all people to have the help they need. George Soros really supports capitalism but he knows that it must be tempered with restraint and good sense.
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