George Soros Quotes


The Republican Party has been captured by a bunch of extremists … People who maintain that markets will take care of everything, that you leave it to the markets and the markets know best. Therefore, you need no government, no interference with business. Let everybody pursue his own interests. And that will serve the common interest. Now, there is a good foundation for this. But it's a half-truth.


Citations

George Soros, Financier & Philanthropist Interview with David Brancaccio, September 12, 2003

Sourced by: Eigen's Political and Historical Quotations

Related Quotes

The Bishop in this letter threatened to excommunicate the President because his economic policy was causing the death of babies and elderly people from malnutrition and lack of medical care and other basic services.


Franklin D. Roosevelt and the New Deal then created the Securities and Exchange Commission to Regulate the Stock Market and that kept things under reasonable control for over 50 years, but then the fraudulent schemes had gotten very sophisticated and the Enron and other scandals were uncovered, leading to Sarbanes Oxley and other more regulatory legislation.


His father Cornelius, one of the great, creative industrialists of America, was not at all of the same mindset and saw corporations and the Railroads as having an important role in America with substantial obligations to the society which enabled the economic development and supported the railroads. He described his son as a “blockhead”. William goes down in American history as the arrogant industrialist and capitalist whose wealth was produced by his talent of being born to the right father who built the great empire.


George Soros
George Soros
  • Born: August 12, 1930
  • Nationality: Hungarian
  • Profession: Investor, Hedge Fund Manager, Author, Philanthropist

George Soros, HonFBA is a Hungarian-born American billionaire investor and philanthropist. As of March 2021, he had a net worth of US$8.6 billion, having donated more than $32 billion to the Open Society Foundations, of which $15 billion have already been distributed, representing 64% of his original fortune, making him the "most generous giver" (in terms of percentage of net worth) according to Forbes.