Business

In His Own Words: An Examination of Some of Soros’ Socioeconomic Philosophies

George Soros’ name has been thrown around a lot lately. Everyone is familiar with the man and some of his past escapades. But what does he really stand for, that is, what is his vision?

Recently, he has pushed for a common treasury for the eurozone. He has also advocated putting major banks under European Central Bank direction and cheap debt refinancing for countries like Italy and Spain.

And, in the words of Business Insider, these proposals are similar to his vision of a “New World Order” (which he has promoted for years).

In the process of campaigning for the above recommendations, he has drawn a lot of attention to himself. So the question must be asked: what exactly is his vision?

Alex Howe of Business Insider has taken it upon himself to examine Soros’ own words so as to better understand whether or not his plan are indeed radical:

Alliances made between government and business threaten democracy:

His Solution: A New World Order.

“Perhaps the greatest threat to freedom and democracy in the world today comes from the formation of unholy alliances between government and businesses,” he wrote in Open Society: Reforming Global Capitalism.

Soros specifically lists corrupt countries like Zimbabwe, as well as plutocracy in Russia.

The United States supports unilateralism, which threatens a stable world order:

His Solution: A world that operates under multilateralism, not one super power.

“The main obstacle to a stable and just world order is the United States,” he wrote in The Age of Fallibility: Consequences of the War on Terror.

Dismayed by a seemingly overzealous U.S. foreign policy stemming from 9/11, Soros has been unapologetically critical of U.S.  military interventions. In his book “Open Society: Reforming Global Capitalism,” he spells out his criticism:

“It may be shocking to say, but I believe that the current unilateralist posture of the United States constitutes a serious threat to the peace and prosperity of the world.”

“The United States faces a crisis of identity: Does it want to be a solitary superpower or the leader of the free world?” he added later in The Crisis of Global Capitalism.

In short, Soros is a huge advocate of multilateralism. Indeed, Fox Nation tied him to the Western intervention in Libya.

Right now, capitalism is the enemy of the open society:

His Solution: Regulated markets that are not governed by capitalism

“The main enemy of the open society, I believe, is no longer the communist but the capitalist threat,” Soros wrote referencing the state of the world after the fall of the Soviet empire.

Soros believes that an unfettered free market is dangerous

After he wrote about how capitalism had taken communism’s place, Russia announced a debt moratorium, precipitating the infamous collapse of Long-Term Capital Management.

From “When Genius Failed,” Roger Lowenstein’s account of the crisis: “In seventy years, Russia’s Communists had not succeeded in dealing markets such a telling blow as did its deadbeat capitalists.”

(Source of Quote: The Capitalist Threat, by George Soros, courtesy of the Atlantic)

Laissez-faire economics isn’t working anymore:

His Solution: An end to laissez-faire economics, which means financial transactions between private parties would be governed by state intervention, including restrictive regulations, taxes, tariffs and enforced monopolies.

“Laissez-faire ideology does not prepare us to cope with this challenge. It does not recognize the need for a world order,” Soros wrote in the Atlantic.

Here Soros’ context is the collapse of the Cold War geopolitical structure, which allowed capitalism to run free. Comparing the late 90′s to the “golden age of capitalism” at the end of the 19th century, Soros writes:

“The earlier period was in some ways more stable. There was an imperial power, England, that was prepared to dispatch gunboats to faraway places because as the main beneficiary of the system it had a vested interest in maintaining that system. Today the United States does not want to be the policeman of the world. The earlier period had the gold standard; today the main currencies float and crush against each other like continental plates. Yet the free-market regime that prevailed a hundred years ago was destroyed by the First World War. Totalitarian ideologies came to the fore, and by the end of the Second World War there was practically no movement of capital between countries.”

Basically, he believes free markets do not have a place in this world.

Markets aren’t stabilized or regulated enough:

His Solution: A global system of political decision-making that will implement a new global economic system and govern global economics

“To stabilize and regulate a truly global economy, we need some global system of political decision-making,” he wrote in The Crisis of Global Capitalism.

“In short, we need a global society to support our global economy,” he wrote.

We need international law to rule over states and institutions:

His Solution: An international legal system that rules over individual states and international institutions

“The sovereignty of states must be subordinated to international law and international institutions.”

Soros says he does not want a “global state.“ What he wants is a ”global body with actual political weight, supporting ‘open societies’–transparent, robust democracies,” Howe writes.

(Source of Quote: “The Crisis of Global Capitalism“)

Capitalism has triumphed. But it makes democracy impossible:

His Solution: Democracy cannot coexist with capitalism. Now is the time for democracy.

“We can speak of the triumph of capitalism in the world, but we cannot yet speak about the triumph of democracy. There is a serious mismatch between the political and the economic conditions that prevail in the world today,” Soros wrote in Open Society: Reforming Global Capitalism.

Soros is a true globalist. For him, the “mismatch” is between an economy that flows relatively unimpeded worldwide, and a geopolitical system that defers to the sovereignty of nation-states–even repressive ones. This would explain why he has directly intervened in several international crises.

Although The New Yorker claims that, “He provided crucial support to civil-society movements throughout the Soviet bloc“ and that ”he probably did more than any other private citizen in the West to nudge European Communism into history’s dustbin,” his global interventions have not always been so lofty (see Black Wednesday for reference).

If we don’t end capitalism soon, someone will have the incentive to takeover the world:

His Solution: Consider the possibility of changing the system during a volatile time.

“The worse a situation becomes, the less it takes to turn it around, the bigger the upside,” Soros said in a Time magazine interview (That sounds familiar: “You never want a serious crisis to go to waste“).

If not, the “upside” will be enjoyed by only the victors of capitalism. Again, the British currency devaluation crisis of ‘92 comes to mind. Soros made a $1.5 billion bet against the pound, which singlehandedly raised Bank of England interest rates by 2 percent and contributed to forcing the withdrawal of the pound from the European Exchange Rate Mechanism.

Alex Howe ends on this note:

So, Soros knows firsthand that financial actors can bank massively from political disaster–and, indeed, even cause it. His actions impacted the course of a nation’s history, further fueling wild beliefs about his supposed shadowy influence. It’s another irony of Soros conspiracy theories–the man who broke the pound is now a critic of unfettered free markets.

With better a better understanding of his fundamental beliefs, it is much easier to comprehend the implications of his suggestions to the embattled eurozone.

(H/T: Business Insider)

Comments (139)

  • Snowleopard {gallery of cat folks}
    Posted on October 6, 2011 at 8:42am

    The fact is very clear with George Soros, he tells exactly what he wants, and how he is going to do it, in the public and on record for that matter…no one really wants to believe it, even when heard in his own words.

    There are people when shown the proof and events linked togeather, who refuse to even consider such will be going on right now.
    http://artinphoenix.com/gallery/grimm (cat folk art)

    Report Post » Snowleopard {gallery of cat folks}  
    • old white guy
      Posted on October 6, 2011 at 8:57am

      the main obstacle to security, peace ,economic freedom and other freedom are people like soros. they constantly agitate and disrupt civil society with their actions and words. we do just fine without them.

      Report Post »  
    • smithclar3nc3
      Posted on October 6, 2011 at 9:35am

      I voted for Clinton over Bush SR. because Bush SR. was talking about a NEW WORLD ORDER. And now the democrat’s top funder and supporter is another NEW WORLD ORDER *******. Do you think that miserable old buzzard would be funding the Democrats if they were against his vision of destroying the UNITED STATES and createing a Global Government….NO
      This is a huge clue the the democratic end game destroy the constitution end U.S SOVERIEGNITY AND REPLACE IT WITH A ONE WORLD GOVERNMENT UNDER INTERNATIONAL LAW

      Report Post »  
    • DanWesson455
      Posted on October 6, 2011 at 10:10am

      Here ya go Soros. I got your new world order swinging. DIP WAD!

      Report Post » DanWesson455  
    • Lotus503
      Posted on October 6, 2011 at 10:14am

      Yeah…and we have a president, a whole political party and a part of another political party (read RINOS) that as been bought and paid for by him…

      Report Post »  
    • Thomas Payne
      Posted on October 6, 2011 at 10:40am

      pssssst! Bill Clinton is part of the New World Order too.

      Report Post » Thomas Payne  
    • lukerw
      Posted on October 6, 2011 at 2:25pm

      Hitler did the same!

      Report Post » lukerw  
    • bbr48
      Posted on October 6, 2011 at 3:36pm

      I so agree with you. This guy is a very dangerous person and really, how many take him seriously?

      Report Post »  
    • SovereignSoul
      Posted on October 7, 2011 at 5:17am

      Why are we against ‘order’ in the world? Is chaos more preferable? Just asking?

      Report Post » SovereignSoul  
    • The10thAmendment
      Posted on October 7, 2011 at 3:00pm

      Why put a technical sounding slant on this worthless piece of craps words. So he’s made money. That doesn’t make him a social commentator. That he wants to spend sheltered money to send people in the streets for a violent overthrow is not a philosophy, it’s CRIMINAL. Arrest that idiot and try him for sedition against the United States, and confiscate every dollar he’s ever made and redistribute THAT to those mindless puppets that actually march to that ******* tune. Having accomplished that, stick his rear in a clear glass detention center that’s filled with cockroaches and fire ants and scorpions where the floor is treated with honey. When he’s been thoroughly tortured, drag him by his feet to the gates of the city and stone him, before making him walk naked into death valleys most remote area. Heck make it a duo. Send his son with him.

      Report Post » The10thAmendment  
  • BurntHills
    Posted on October 6, 2011 at 8:36am

    even if this madman dies, his lifelong dream & goal of his own personal FOURTH REICH will not die with him.. he has the entire obama group to keep it alive as obama murders America.

    Report Post » BurntHills  
    • chazman
      Posted on October 6, 2011 at 3:45pm

      … the ultimate power for Soro’s, and the rest of the elites, is to take control of America and the world. But even if they get ahold of our economy and bring the country to a stand still, millions of people like me will be hunting them down and killing them. America is NOT a third world toilet, and that is where they make their fatal mistake. We are Americans and we are not stupid. We are exceptional and these Marxist’s elites are nuts …

      Report Post »  
    • LadyLibertykicksASS
      Posted on October 6, 2011 at 4:58pm

      Hillary and George Soros are great friends…and she’s more calculating than BILL !!!!

      Report Post »  
    • hogorina
      Posted on October 15, 2011 at 7:11pm

      1
      TWO PARTY SCHIZOPHRENIA
      THE GREAT RAPE OF AMERICAN PRODUCTIVITY AND INDIVIDUAL INGENUITY

      What this country needs is to protect the people’s hard earned wealth in creating ways to find employment for hundreds, of whom are generally unemployed, and on low-level qualifications. We are creating a class of parasites, that are milking the working people out of their productive earnings, through developing a parasitic clime of artificial but unproductive elements, that depend on some federal handout called federal emergency programs, geared to leveling capitalism’s optimistic future, and influenced by encroaching socialism, as a forerunner of Marxian fundamentalism, in supporting incipient Bolshevism.
      It is inconceiveable that a hand full of terrorist have crippled our national commercial flight industry through the commie controlled news industry, with their daily inflated minor news issues, being bloated to the point that the general public runs to and fro courting imaginary fear that our airlines will be eventually shut down. This is a scheme for doubting Thomas’s.
      America needs to tell Uncle Sam to get of it’s haunches, and get rid of all parasitic bums and leaches, and let these dead beats find more productive work. It seems that nationwide law enforcement has taken preference over a people’s ability to think straight. Law enforcement has been turned into social engineering, collectively, as an unproductive force that protect the great slum masters, and loan

      Report Post »  
  • Sirfoldallot
    Posted on October 6, 2011 at 8:36am

    Must be nice to be rich , wierd ,freaky,,,,,,,,,,,,,,,

    Report Post » Sirfoldallot  
    • db321
      Posted on October 6, 2011 at 11:39am

      You make a point about being Rich – let take two Rich People and compare – Steve Jobs and Soros. One spent his life helping people with his knowledge and the other has spent his life destroying Governments and destroying peoples lives for personal gain.

      Steve Jobs could have never developed the things he did in a Socialist Country.

      Report Post » db321  
  • cdn standing 4 israel
    Posted on October 6, 2011 at 8:33am

    HEY BOZZO SOROS HOW ABOUT TAKING CARE OF URE OWN LIL PLACE hungary n leave us alone

    Report Post »  
  • crabbyoldman
    Posted on October 6, 2011 at 8:31am

    Soros wants to be Big Brother.

    Report Post »  
  • GulfPeg
    Posted on October 6, 2011 at 8:25am

    It’s time for this guy to croak! How in the world would you get so many different countries and religions to agree on an International law? Would that be Sharia law?

    Report Post »  
  • bigdaddyt46
    Posted on October 6, 2011 at 8:19am

    i say kidnap him in the middle of the night, take him to Thailand(he has a price on his head there) and let them have a free for all with him there.

    Report Post » bigdaddyt46  
  • Cape_Lookout_RW_Extremist
    Posted on October 6, 2011 at 8:12am

    This guy is as deserving of a drone visit as Bin Laden!

    Report Post » Cape_Lookout_RW_Extremist  
    • Thatsitivehadenough
      Posted on October 6, 2011 at 9:00am

      You said it. Both he and Samantha Powers need to be neutralized. Soon.

      Report Post » Thatsitivehadenough  
    • Chuck K
      Posted on October 8, 2011 at 3:43pm

      You got that one right, but the organizations he has funded through his Open Society Institute also need to be on that hit list.

      Report Post »  
  • SamIamTwo
    Posted on October 6, 2011 at 8:03am

    Isn’t he still wanted for CRIMES against other nations? Some please cuff the man and take him to one of the nations that have a warrant out for his arrest.

    Report Post » SamIamTwo  
  • standuppeople
    Posted on October 6, 2011 at 7:59am

    Rights come from God, not government.

    Report Post »  
  • cece959
    Posted on October 6, 2011 at 7:59am

    “The main obstacle…is the United States”??? It wasn‘t bad enough that you tanked Europe’s economy and profited from it quite well…now you want the US out of your way as well? There has got to be a bu**et with your name on it…and I’m sure there will be a few left over for others who have been bought off by you.

    Report Post »  
  • marthasusan40
    Posted on October 6, 2011 at 7:56am

    It still amazes me to bring up the name of George Sorros, to some of us Beck fans, (spooky dude)..and people just look at you because they have no idea who he is and have never heard of him..I am referring to my liberal friends and family. The stupidity and lazy attitude of the left has our country very susceptible to his plan for a Global Society. I pray that God can save his soul before it is too late for all of us or him. The way it stands now, Evil = Sorros. To think, that such a good man like Steve Jobs has an early finish in this life game and a evil man such as Sorros gets to keep on living…………………

    Report Post »  
    • 65Mustang
      Posted on October 6, 2011 at 8:35am

      MARTHASUSAN40 I agree with your statement totally.

      Report Post »  
    • Hiswill
      Posted on October 6, 2011 at 4:31pm

      My liberal family has their heads in the sand. Don‘t want to know what’s going on or how close we are to a collapse in this country. They believe everything they hear from the Dem. controlled media. I’m wasting my breath trying to get them to be more informed.. They think I’m the crazy one.

      Report Post » Hiswill  
    • Skan
      Posted on October 7, 2011 at 8:12am

      I agree with everything you said, except God saving him. I don’t think God wants to save Satan.

      Report Post »  
  • olddog
    Posted on October 6, 2011 at 7:53am

    Sorass is one of the largest threats to freedom ever. I would like to see our new president investigate and possibly prosecute

    Report Post » olddog  
  • dsm
    Posted on October 6, 2011 at 7:51am

    This is the most evil man on the face of the earth, and our communist president is one of Soros’ puppets.
    God please protect our country from this evil,

    Report Post »  
    • HKS
      Posted on October 6, 2011 at 8:13am

      Soros is the definition of evil, hatched by the most evil society ever to walk the earth. If there were ever to be an anti-Christ on the earth this might be it. Not just for what he does but for what he spawns and manipulates other people to do. If there was a hinge pin in this almost anti everything movement, this is probably it, remove this pin and the rest will collapse. There is no limits on what this creature will do.

      Report Post » HKS  
    • crabbyoldman
      Posted on October 6, 2011 at 8:19am

      Amen!!!!!

      Report Post »  
    • lodgerat
      Posted on October 7, 2011 at 7:40pm

      From your mouth to God’s ear. This guy is one “SPOOKY DUDE”. Glenn sure had that right on,

      Report Post » lodgerat  
  • Atokaite
    Posted on October 6, 2011 at 7:38am

    Opine
    1. Soros etal has been and will be the basic Shadow Government of the US. Glenn brought his actions to light and got the end of the spear.
    So. Recc you read the links, Soros books, at least the summaries, and visit his mulitple OSI sites. They are enlightening. Be careful linking his name to other sites. OSI follows dillegently.
    This fall, October, Van Jones, Soros, and the Campaign Trail for Pres O, are all linked in common.
    We dont have a current fiscal crisis, so the players are beating the Rhetoric drums. MSM, Unions, and Fellow Travelers of the Left will begin to add thier cacaphony of trumpets. Soros funds, the grunts suffer under tarps on Wall Street, and the Stars come and go, a typical Cloward Piven approach to chaos.
    Glenn warned us continusly about these methods. Now is the time to recall his Fox Tenure messages. We have ALL been wel educated. Dont be taken in by the process.
    end
    We WILL Prevail

    Report Post » Atokaite  
  • TxMadMac
    Posted on October 6, 2011 at 7:34am

    Evidently cass sunstein is writing as fast as he can per soros’es instructions to strangle businesses in this country all the while he has obama and his msm blaming the banks and wall street for all our problems. Smoke and mirrors. This administration was designed by soros to bring down America. He didn’t count on the TEA movement or the 2010 election results. we cannot let up. we must win in 2012 to save our beloved America.

    Report Post »  
    • NHwinter
      Posted on October 6, 2011 at 7:45am

      Soros is a vile and dispicable man. It is Soros that threatens a stable world along with Obama who has left our country vulnerable to economic collapse and vulnerable to our enemies.. While we sit on the sidelines watching the riots and protests all planned and organized by them. I think it is time for the Tea Party, all Conservatives and Independents, to peacefully head to the streets in all cities in this country. We have to counter this some way and I doubt we will make it to the elections. With Iran and China soon to be off our coasts, it will be just the thing Obama needs to stay in power. We are in very serious trouble and it is all in the sinister plan.

      Report Post » NHwinter  
    • Rogue
      Posted on October 7, 2011 at 6:52pm

      My question is, how long does this administration hide in the shadows and not reveal it’s true intentions? With poll numbers dropping like a rock, when they reach the point of no return, Obama may actually lay out their warped vision of the future as a last ditch effort to get reelected. The strategy of using the ignorant masses in this country to rally against the people who create jobs is quickly and swiftly driving independents away, leaving the Dems with nothing but a radicalized base.

      Obama has begun to give up on the center voters, and the only way to make that strategy work for reelection is to enlist many, many more radicals… or cheat at the ballot box.

      Report Post » Rogue  
  • VanGrungy
    Posted on October 6, 2011 at 7:21am

    Soros is a Baha’i

    ruling class elites bought into the baha’i doctrine of universalism well over 100 years ago. New World Order, Unity in Diversity, all Faiths are equal, world police, one world government, rule by elites, interfaith dialogue …

    Woodrow Wilson‘s 14 points borrowed heavily from baha’i doctrinal precepts.. now the UN carries on the baha’i dream of control by the Universal House of Justice.. and the end to sovereign nation states, transformed into vassal regions subject to world government dictates..

    “To the International Congress of Religion at the Chicago World’s Fair
    in 1893 went one Ibrahim George Khayru‘llah to spread Baha’i in the U.
    S. Founder Baha‘u’llah had died the year before and his son
    Abdu’1-Baha (servant of Baha) had become Expounder & Promoter. Born in
    1844 on the very day when the Bab was making his great prediction,
    Abdu’1-Baha began expounding and promoting late in life, but under his
    able leadership the faith gained world following. In 1912 he followed
    Ibrahim Khayru’llah to the U. S., spoke in churches, synagogs, D. A. R.
    meetings, visited the late William Jennings Bryan who pontificated:
    “The Baha’i movement is the only power able to revive the Islamic
    world.” Abdu’1-Baha, however, saw the movement serving a wider world.
    For Jews it could fulfill Old Testament and Talmudic prophecies; for
    Christians the visions of the Apocalypse; for Mohammedans the Redeemer,
    Imam-Mahdi.”

    TimeReligion: Baha’i

    Report Post » VanGrungy  
  • Sandy
    Posted on October 6, 2011 at 7:17am

    He is the one promoting regulations between business and government so he can prosper from it, then states that’s a problem. Everything he states is the problem he has helped promote. He‘s made billions from the free market system causing chaos then states it’s a problem……… EVIL MAN. It’s sad when evil people like this remain on this earth while innovators and true capitalist like Steve Jobs die so young.

    Report Post » Sandy  
    • The10thAmendment
      Posted on October 6, 2011 at 7:25am

      Right. Soros is a big time proponent of Cronyism. It ultimately allows only the filthy rich megalomaniacs and mass murderers to flourish.

      Report Post » The10thAmendment  
  • TheePolitinator
    Posted on October 6, 2011 at 7:16am

    Right now, capitalism is the enemy of the open society:

    His Solution: Regulated markets that are not governed by capitalism

    Yes, that is unless him and the other Domestic enemies creating the Global economic terrorism can have all the wealth for themselves. It is not about capitalism, it is about control over everyday people.

    We have a new enemy, and he is the face of them all. We must rejoice and imprison these terrorists.

    And those in office, that have sworn to protect us from enemies both foreign and domestic have failed the people of the United States, and should also be imprisoned.

    Report Post » TheePolitinator  
  • matinva
    Posted on October 6, 2011 at 7:13am

    In George’s feeble mind, the Soviet Union ‘should’ have worked. In theory, it should have worked. The problem? Humans don’t respond well to being oppressed. No one in America is ‘oppressed’ and if you think you are, you are mistaken. You are simply being left behind by those willing to work harder, work smarter and risk more than you. If that bothers you, the problem is with you, not those who are more productive in society.

    You are where you are in life because that’s exactly where you have chosen to be. When you don‘t want to be ’there’ any longer, you’ll grow up, quit blaming your circumstances on other people or events and do something about it.

    Report Post » matinva  
  • Secessionista
    Posted on October 6, 2011 at 7:09am

    Isn’t Soros Greek? Isn’t Greece socialist? Can Soros not see the results of his magnificent new world order right from home?

    No sane person would want such a diabolical situation against mankind unless he stands something to gain. Soros is, after all, hard-core capitalist – that’s how he has made his money.

    Report Post » Secessionista  
    • VanGrungy
      Posted on October 6, 2011 at 7:15am

      he’s a Hungarian born Jew…

      really he‘s a Baha’i.. New world order and raised to speak esperanto are two big baha’i flags..

      Report Post » VanGrungy  
    • smithclar3nc3
      Posted on October 6, 2011 at 7:16am

      “The main obstacle to a stable and just world order is the United States”
      These are Soros’s own words so any that would state that any party that takes donantions from him is ANTI-UNITED STATES. If anyone every needed proof that the Democrats are unAMERICAN there’s your proof.

      Report Post »  
    • crabbyoldman
      Posted on October 6, 2011 at 8:28am

      He’s from Hungrey.

      Report Post »  
  • booger71
    Posted on October 6, 2011 at 6:58am

    Soros does not believe in individual liberty or freedom, except for a few

    Report Post » booger71  
    • smithclar3nc3
      Posted on October 6, 2011 at 7:25am

      I voted for Clinton over Bush SR. because Bush SR. was talking about a NEW WORLD ORDER. And now the democrat’s top funder and supporter is another NEW WORLD ORDER *******. Do you think that miserable old buzzard would be funding the Democrats if they were against his vision of destroying the UNITED STATES and createing a Global Government….NO
      Where are the good politicians to call for an end to anyone accepting any funds from Soros where are the public servent that swore to PROTECT THE CONSTITUTION FROM IT’S ENEMIES FORIEGN AND DOMESTIC. Because we have an enemy that is foriegn fanancially backing an enemy that domestic.

      Report Post »  
  • Stopthejoker
    Posted on October 6, 2011 at 6:57am

    The Darth Vader of capitalism.

    Report Post »  
  • notreally
    Posted on October 6, 2011 at 6:43am

    Capitalists like Soros we can do without. He’s a plunderer. He‘s the enemy he’s talking about.

    Steve Jobs — now there’s a real capitalist.

    Report Post »  
  • NuffSaid
    Posted on October 6, 2011 at 6:42am

    The mythical Cyclops would have seen the world similarly.

    Report Post »  

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