George Soros has been a victim of unwarranted criticism for the past 20 years or so. Critics are constantly and consistently developing conspiracy theories about the veteran hedge fund manager, in a more of malicious than true agenda. They often use his liberalism as a tool for their attack, arguing that his support of liberal courses across the globe is ill-advised. These conspiracy theorists keep gaining ground in their advances against Soros because the world of today doesn’t have as many liberal minds. However, these advancements have never at any time weakened Soros’ liberal spirit, even in his late 80s. The first wind of conspiracy started hitting George Soros in the early 90s after his financial genius earned him billions of dollars when he successfully bet against the sterling pound. He repeated the same magic in Asia during the financial crisis of the late 1990s. Conspiracy theories about how Soros was sabotaging the global economy started being peddled, with the then Malaysian Prime Minister blaming Soros for his country’s financial woes. Read more on NYTimes.com.
George Soros’ Political Involvement
Fast forward to 2004, and George Soros joined politics in a bang. His major political action was to offer financial support to a political organization that was attempting to frustrate George Bush’s presidential reelection efforts. Soros spoke openly against policies passed by Bush’s administration and particularly the Iraqi War. In order to counter silence him, the propaganda machinery was unleashed on him. The world was fed with baseless propaganda against the liberal billionaire. However, the more they attacked him, the more his spirit got stronger. He continued to support liberal organizations in America behind the scenes, most of the times avoiding playing an active political role. In the run-up to the 2016 presidential elections, the Republican presidential candidates spoke against the very beliefs that are so dear to George Soros. Issues touching on immigrants, criminal-justice reforms, and refugees’ rights were all at stake in the elections, and Soros was not going to sit pretty and watch that happen. Throughout the campaign period, he gave financial donations in support of Hillary Clinton. Some critics, such as Daniel Greenfield, seized that opportunity to dig into Soros’ reputation by claiming that he was on a mission to liberalize the world. Such claims were baseless since no evidence backed them. Read his profile at Business Insider.
Soros’ History and Philanthropy
Estimated to be worth about $25 billion, George Soros has given over $12 billion to philanthropy. He mostly supports programs that seek to empower the marginalized groups in the society. Being a Hungarian by birth, he witnessed firsthand the killing of over 500,000 Hungarian Jews during the Nazi occupation of 1944. This experience made him vow to be a lifetime advocate against discrimination. He left his home country in 1947 to pursue a course in economics in London. He later moved to the United States where he became an established financial expert. He has a lot of experience of life as an immigrant, which makes him come up so strongly for immigrants’ rights.