Background Image
Although I Have Made A Fortune In The Financial Markets, I Now Fear That The Untrammeled Intensification Of Laissez-faire Capitalism And The Spread Of Market Values Into All Areas Of Life Is Endangering Our Open And Democratic Society. The Main Enemy Of The Open Society, I Believe, Is No Longer The Communist But The Capitalist Threat.
-George Soros
Please Wait....
Translating....

Although I Have Made A Fortune In

George Soros
Although I Have Made A Fortune In The Financial Markets, I Now Fear That The Untrammeled Intensification Of Laissez-faire Capitalism And The Spread Of Market Values Into All Areas Of Life Is Endangering Our Open And Democratic Society. The Main Enemy Of The Open Society, I Believe, Is No Longer The Communist But The Capitalist Threat.
Views: 8
Topic
Believe
Enemy
Society
More From George Soros
Discount The Obvious, Bet On The Unexpected
Unexpected
Obvious
Discounts
An Open Society Is A Society Which Allows Its Members The Greatest Possible Degree Of Freedom In Pursuing Their Interests Compatible With The Interests Of Others.
Degrees
Economy
Members
There Is No Point In Being Confident And Having A Small Position.
Be Confident
Position
No Point
The Main Obstacle To A Stable And Just World Order Is The United States.
Order
United States
World
In Certain Circumstances, Financial Markets Can Affect The So-called Fundamentals Which They Are Supposed To Reflect. When That Happens, Markets Enter Into A State Of Dynamic Disequilibrium And Behave Quite Differently From What Would Be Considered Normal By The Theory Of Efficient Markets. Such Boom/bust Sequences Do Not Arise Very Often, But When They Do, They Can Be Very Disruptive, Exactly Because They Affect The Fundamentals Of The Economy.
Would Be
Fundamentals
Normal
Trending Author
Jacques Barzun
Anna Letitia Barbauld
Hector Elizondo
Hayden Fry
Edvard Munch
Michio Kaku
Category
Information