The Sovereignty Of States Must Be Subordinated

Financial Markets ... Resent Any Kind Of Government Interference But They Hold A Belief Deep Down That If Conditions Get Really Rough The Authorities Will Step In.

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.

I Call Government That Works The Best For People Open Society, Which Is Basically Just Another More General Term For A Democracy That Is - You Call It Maybe A Liberal Democracy. It's Not Only Majority Rule But Also Respect For Minorities And Minority Opinions And The Rule Of Law. So It's Really A Sort Of Institutional Democracy.

Market Prices Are Always Wrong In The Sense That They Present A Biased View Of The Future.

America Needs To Follow The Policies It Has Introduced In Germany. We Have To Go Through A Certain De-nazification Process.