Billionaire funder of liberal and democratic movements, George Soros, has for a long time been a target of right-wing propaganda and conspiracy theories globally. Many individuals on the right believe that George Soros uses his massive political and financial weight to influence the world into becoming more liberal. With an emphasis on conservative principles, members on the right forward that his support for liberal causes such as immigrant rights and criminal justice reform are geared towards liberalizing the world. This is to be done through the legalization of drugs, a one-world foreign policy, and opening up borders.
These baseless allegations have become more prominent in the past two decades. The main reason for this is that there are very few members on the left who wield as much political and economic power as George Soros. Conspiracy theories revolving around him have gained traction because of his gains in the commercial markets during the Asian Financial Crisis, and when he broke the Bank of England in the 1990s. Several world leaders have criticized him for playing a role in the global elite’s activities to bring down currencies. Right-leaning governments view George Soros as a wealthy individual trying to control and influence world affairs. Read his profile at Business Insider.
As an active critic of Republican presidents such as Donald Trump and George W. Bush, he has attracted the attention of right-wing propaganda. However, it is prudent to note that his funding exploits are similar to those of the conservative Koch Brothers. His significant influence has come to be seen as a major impediment to individuals will opposing views. These accusations are unfounded, mainly because George Soros has been supporting liberal causes around the world through the Open Society Foundations since 1979.
Through this organization, he has dispensed over $3 billion for democratic development and reforms in both the U.S and Eastern Europe. Open Society Foundations promote societies that advance equality, justice, transparency, and individual freedoms. The primary objective is to create tolerant societies with accountable governments.
George Soros gas also played an active part in exposing countries of the former Soviet bloc to capitalism. In collaboration with Open Society Foundations, he has contributed more than $13 billion to philanthropic activities supporting immigrants, business development, public health, and education. Learn more about his profile at Forbes.com.
About George Soros
He is a Hungarian-born philanthropist and business mogul, specializing in investment management. George Soros is the founder of Soros Fund Management, a hedge fund with assets valued at more than $30 billion under its control. He founded this entity in 1970, after the success of his first hedge fund, Double Eagle, presently referred to as Quantum Fund.
George Soros holds Master’s and Bachelor’s degrees in Philosophy from the LSE. After graduation, he began a financial career in London working for banks that specialized in international stock arbitrage. In 1956, he relocated to New York and worked as a stock broker for F.M Mayer, a firm on Wall Street.
As a philanthropist, he uses the Open Society Foundations to work with entities such as International Crisis Group and Global Witness.
Read more: http://www.cnbc.com/george-soros/