The liberal billionaire, George Soros is facing the attacks of the conservatives and their theorists for long. All of those are because of his ideological stand and fights for liberal causes that are making direct blows to the business and political interests of conservatives. It is now a trend that any good act done by Soros is opposed by the conservatives, and they create some stories plotting that Soros has some different intentions than mentioned and attack him. However, they always fail to explain why their previous theories have gone wrong in the case of Soros as well as the life story of Soros that was highly focused on creating open and democratic societies.
When it comes to the latest news about the transfer of almost $18 billion by Soros to Open Society Foundations, a philanthropic and activity group founded by him, the situation was no different. When the contribution news came out in the early October 2017, Breitbart, a conservative-sided website, described the OSF as a “death star.” Interestingly, the big contribution has made the OSF the second largest charity groups in the country just behind the Gates Foundation. Giving him the outline of a philanthropic boogeyman is one of the major tactics of the conservatives in the current political situation. It is already found that conservatives are targeting liberal billionaires like Soros to shield their partisan divide.
However, these types of theorists are actually working against the people by spoiling the values of democracy. By creating such stories, the conspiracy theorists undermine grassroots level activism along with plotting philanthropists as a group of people with the immense power to make serious concerns about their role in shaping society. History shows that philanthropists have experienced a higher level of abuse, and the industrialization made a change in the notion of the people as the mega-donors started shaping the society. While coming to the United States, it was always accommodating the philanthropists greatly. However, it also created political system that designs conspiracy theories targeting philanthropists.
The latest victim of such a condition is none other than George Soros. The theorists fail to understand that Soros is someone who wrote the threats of capitalism itself decades back. Though he amassed significant fortune mainly through his betting on capital markets, Soros confirmed that the intensified laissez-faire capitalism creates clear threats to the democratic societies. He observed that access of market values into all areas of human life could damage the open society concept. Soros stressed that the main enemies of any open society are capitalism and the market values.
George Soros is from a Hungarian Jewish family who survived the Second World War. After the War, the family moved to the United Kingdom, and Soros enrolled for graduation at the famous London School of Economics. Later, he moved to America and started investing in its capital markets. After acquiring some significant success, Soros floated his hedge fund firm which was named as Soros Fund Management. It made him a billionaire, and he started focusing on philanthropy by founding OSF across the globe from the early 1980s.
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