Category Archives: Democracy

George Soros Backing Organizations And Political Candidates That Are Pro-Democratic

George Soros is amongst the most popular and highly reputed philanthropists in the world, and as per an estimate has given away a total of $12 billion in charitable donations till date. George Soros has ensured over the years that he can make a positive impact on the society through his philanthropy as well as political activism. In the political landscape of the United States, George Soros has been keenly taking an interest in the last few years, especially since the time capitalism has been taking over the country in a systematic manner. As per George Soros, the real problem the world is facing right now is capitalism, and it is a threat that must be recognized and addressed. If capitalism is not debated today and a solution is not found on how it can be eliminated, George Soros believe that capitalism would defeat democracy.

George Soros has arguably spent more on ensuring that democratic ideals survive, not only in the United States but all over the world. The Open Society Foundation is the name of the charitable organization that he founded in the year 1979, and it works in the area of policy reform, economic development, humanitarian efforts, education, racial disparity, minority support, and more. One other work that Open Society Foundation does is helping pro democracy organization. George Soros doesn’t hold back when it comes to political giving as long as the political candidate or the democratic institution where the money is going is well-aligned with his long-term vision of the world.

George Soros has made a remarkable reputation in the business world as well in the last six decades. After completing his Masters in Philosophy from the London School of Economics, George Soros moved to New York, United States. In New York City, George Soros worked for a few merchant banks and in just a few years, moved up the ranks of the banks he used to work for. It gave him considerable experience in banking and financial sector, which he used efficiently to start his company by the name of Soros Fund Management in 1973. The first fund that he started was named as Double Eagle, but the name of the hedge fund was later changed to Quantum Fund, which continues to be in existence till date and is highly profitable too.

George Soros, as a democratic liberal, openly supported Hillary Clinton in the Presidential Election of 2016. Hillary Clinton lost the election, but that couldn’t discourage George Soros even a bit. He continues to move ahead to support the causes he feels without any hesitation. He says that the financial wealth that he has gives him the power to act without having to think about consequences twice as far as money is concerned. George Soros has made a sizeable donation of $18 billion to Open Society Foundation recently, which has made his foundation one of the top philanthropic organizations in the world. George Soros continues to back democratic ideals and the agencies that support it.

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