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Posted by Tommy LeDeux on

Misunderstanding The Philanthropy Of George Soros

In the last months of 2017, the U.S.-based hedge fund manager George Soros made headlines around the world by announcing he had donated $18 billion of his $26 billion fortune to his own Open Society Foundations network of charitable groups. For right leaning media groups and commentators the news of the donation was met with almost universal horror with many mentioning the various conspiracy theories Soros has been named as part of over the course of the 21st-century; The Atlantic reports the main reason for the disdain many on the right maintain for the important work of George Soros is a basic misunderstanding of his aims and beliefs.

Soros himself is a former refugee who survived the Holocaust of World War II by hiding his identity for the years of hostilities; following peace being achieved, Soros found his home nation of Hungary part of the Soviet Union and by 1947 had embarked on a refugee journey t London. It was during his time working as a waiter and porter as he studied at the London School of Economics that George Soros began to understand the open society philosophical theory made famous by his college tutor, Karl Popper. The theory had been developed as a response to fascism in the 1930s but in a recent article in The Atlantic, George Soros reveals the need for political ideologies to be challenged by rival group remains important; Soros stands by the theory popularized by Popper that any political ideology which has become so dominant it is seen as the only viable option has already begun to fail.

One of the major misunderstandings about the philanthropic work of George Soros is the belief he has been working to undermine the traditional fabric of society in the U.S. and Eastern Europe. Hungarian Prime Minister Viktor Orban has been a particularly outspoken critic of George Soros largely on the grounds Soros does not share the same beliefs as the politician; one of the major concerns of George Soros has always been the ability of all to gain an education which has led to his development of college campuses across Hungary and other nations. Educating individuals about the power of democracy and their own human rights has placed Soros at odds with Prime Minister Orban and many right wing commentators in the U.S. who see his work as a threat.

Forbes now rates the personal fortune of George Soros at $8 billion, a figure the investment specialist feels can still allow him to assist others in creating brighter future for those living in a less than free manner. George Soros has always stated his own belief that his career has given him the chance to help others who he feels are not given a voice in society. Many of the groups backed by George Soros are not universally loved by right wing commentators and conspiracy theorists who believe his aims are not as valid as the programs and donations made by conservative donors such as the Koch Brothers who rarely see the outlandish claims made about their goals within society as Soros.

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