George Soros: Transitioning From Communism To Capitalism

George Soros is one of the world’s leading philanthropists and has given away more than $12 billion to causes that lead the fight for everyone to be treated equally, regardless of who they are. Some of the biggest groups that these contributions have helped are: Europe’s Roma people, drug users, sex workers, and LGBTQ people. Helping people who deal with these things is something that is very near and dear to Soros’ heart. The reason for this is because he was born in Hungary in 1930 and actually lived through the time when the Nazis took over. Although his Jewish family survived by creating fake identity papers and hiding their true backgrounds, more than 500,000 weren’t as lucky. Him and his family also helped others create fake papers and hide their backgrounds so they could survive as well. After the war, Soros left for London in 1947. He worked as a part-time railroad carrier as well as a night-club waiter. By doing this, he was able to support his education at the London School of Economics. In 1956, he came to United States where he began a career in the finance and investment field.

Soros Fund Management, Soros’ hedge fund, was created in 1970. The results of this fund made him become one of the most successful investors in the United States and with the fortune he made doing this, he created the Open Society Foundations. This foundation is prominent in over 100 countries.He became a philanthropist in 1979 by giving scholarships to black South Africans that were dealing with injustice and not being treated fairly. In the 1980s, he provided photocopies that were used to reprint texts that had previously been banned. By doing this, he helped people know that they could think how they wanted and be able to exchange their thoughts and opinions with others without getting in trouble. Soros created the Central European University once the Berlin Wall fell. He did this in order to help people analyze and question both sides of an issue and be able to make a judgement or have an opinion in which they came up on their own.

After the Cold War, he decided to expand around the United States, as well as in Africa and Asia. He was actually a huge supporter for the use of medical marijuana when it first came to light and firmly believed that the war on drugs was much worse than the drug use itself. In the early 2000s, Soros was also a very big supporter of marriages for same-sex couples and had no reservations of speaking out about it.Over the years, Soros has very publicly supported the people who were representing other people who were having injustices brought against them. In addition to this, he helped Europe’s Roma population smoothly unite with the rest of the population and provided the money for school and college fees for people of minorities.The first time Soros tried to help people was in South Africa and his efforts were did not go well at all. The system was so messed up at that time that no matter what he did, he was apart of the problem and wasn’t actually helping or doing any good. Once that failed, he focused on Central Europe. This time he had much better luck. He started supporting the Charter 77 movement in Czechoslovakia in 1980 and the Solidarity movement in Poland in 1981.

After supporting these movements, he was able to create foundations in other places such as: Hungary in 1984, China in 1986, the Soviet Union in 1987, and in Poland in 1988.At first, the whole reason for the organization was to help the community start believing other things. The reason for this was because, with Communism, they tell you how to believe and if you start having your own beliefs then a Communist government can’t stay strong. Once the Communist government failed, the goals were changed and the focus turned to promoting people to believe what they want to believe and have flexibility. He was one of the main people that helped Eastern Europe have a smooth transition from communism to capitalism.Over the years, he has always fought for the people who didn’t stand a chance and today, even in his 80s, he still travels around the world and fights for everything the Open Society Foundation stands for.

Leave a Reply

Your email address will not be published. Required fields are marked *