George Soros Gives Back Financially to Halt The Capitalist Threat

Posted by jakeharris - August 11th, 2017

In both 2004 and 2016, billionaire George Soros gave millions towards political campaigns and causes. The Hillary Clinton campaign benefited from part of Soros’ Democratic donations totaling $27 million in 2016, while Soros gave $25 million towards an attempt to defeat George W. Bush in 2004.

Born in Hungary and current resident of New York, Soros has known Clinton for over 25 years. But those close to Soros note that it was his long-held political beliefs that drove him to donate so much to political causes in 2016. Soros, who turned 85 in 2016, was especially motivated by what he perceived to be attacks on religious tolerance, immigration reform, and prison reform. These issues have long been ones that Soros has championed, and his concerns only grew once Donald Trump secured the Republican nomination. Soros greatly disagreed with Trump’s political beliefs, going so far as to say that Trump was “doing the work of ISIS” through political fear-mongering. It has not been solely the United States’ political issues that have been Soros’ concern. He has also concerned himself with monitoring the economic developments in Europe. Visit projectsyndicate.com to know more about George.

The billionaire, who has amassed a fortune surpassing $24 billion through currency trading, has also been spoken out about what he perceives to be “The Capitalist Threat.” In 1997, he wrote an article for The Atlantic in which he argues that “let the free market” is a dangerous rallying cry. Among is chief argument for the dangers of capitalism is that in a capitalist society, those in charge “claim to be in possession of the ultimate truth.” Soros compares this type of totalitarianism to the same found in the fascist regimes he grew up with in Europe. George Soros established the Open Society Foundations.

It certainly is true that George Soros remains committed to anti-totalitarian causes. In 2016, Soros donated $5 million to the Immigrant Voters Win super PAC. This super PAC is designed to increasing the numbers of Latino voters in swing states. Soros has also donated $5 million to the Voting Rights Trust. This organization is designed to fight back against any effort to restrict voting. By donating money towards organizations designed to help increase voter turnout, it is clear that Soros wants to increase the participation in American government and decrease the amount of power held by a totalitarian few.

Know more: https://www.nytimes.com/topic/person/george-soros

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