George Soros- A supporter of equitable society

With a wealth totaling to $25 billion, George Soros is one of the wealthiest people in the world. He has made a lot of money from trading the financial markets from the 1970 to date. He is the owner of the Soros Fund Management, one of the leading hedge funds in the world. George Soros is not only wealthy but also very philanthropic. He uses his money to support noble causes in the world. Most of them are causes geared to a fair and just society where no one is discriminated upon due to their color, believes or any other reasons. He believes in a society that respects the rights of others no matter what. George Soros name appears prominently in the political circles all over the world.

In the U.S presidential elections of 2016, George Soros featured a lot since he was one of the financiers of the Hillary Clinton campaign. Soros is said to have contributed over $30 million towards the campaign. He is a strong critic of the Trumps administration. His activities are not limited to the United States only, he funds numerous organizations that advocate for democratic governance as well as equal rights for the people. He has been actively supporting the activities of the human and civil rights movements all over the world.

George Soros motivation to advocate for a just society was pushed by the acts of the Nazi regime, which cost more than half a million Jews their lives. Born in Hungary, he was able to witness all these acts unfold. Since then, he has always wanted a society that respects that rights of others. There was nothing wrong the over half a million Jews in the country had done. It was just because they belonged to a different race. Soros hopes that the world can move away from such trivialities and focus on embracing peaceful coexistence of the people in a manner that everyone is given the opportunity to fully their rights and freedoms.

Through his Open Society Foundation, Soros has made donations worth more than $14 billion. Open Society Foundation supports noble initiatives which are supported to make life better. Through the foundation, Soros funds movements that resist dictatorial governments in the world. Recently, Soros made the biggest funds transfer to his foundation. He transferred $18 billion dollars to this foundation. This makes it the second largest philanthropic foundation in the United States. It becomes second after the Bill and Melinda gates Foundation which has an endowment fund of $40 billion. Soros also funds various organizations privately. He is a big supporter of the rights of the LGBTI community in the world. He has spent a fortune trying to push for their agenda. He also has other initiatives that are intended to help the marginalized communities in the world. These are communities such as drug victims, refugees and immigrants. He does not stop there, he has supported medial initiatives such as the fight against Ebola. He has also funded the Art center in Rome. George Soros hopes that he will leave a legacy of a person who was dedicated to the fight against discrimination in the world and more

Turning an Intractable Refugee Crisis to a Force for Economic Stimulus

Billionaire hedge funds speculator, George Soros, in his November 3, 2015 article on his Open Society Foundation website, writes about his own experience as a refugee fleeing the encroaching Nazi Rule in Hungary: “My own story is one of surviving Nazi occupation and fleeing communist-dominated Hungary in 1947 to be welcomed in England. I was given an opportunity to start a new life. And I was treated with respect and kindness, for which I am grateful.”Amidst the growing refugee crisis from the Syrian conflict, George Soros views with alarm the daily tragedies faced by refugees, while lamenting the lack of a compassionate and creative policy, particularly in the European Union. ”Victims fleeing civil war in Syria and the brutal government repression in countries like Eritrea are not being shown the same consideration,” Soros writes.

What has transpired, instead, to Soros’ alarm, was the continuing lack of coordination and pragmatic policy which has only created panic among asylum seekers and border control agents alike. This, in turn, has incited popular fears that inevitably turned public opinion against the refugees who are the victims. Popular anxieties regarding the crisis need not have reached this point, for as Soros observed, the larger European population had at one time regarded legal migration more reasonably.

In a recent article on Market Watch, Soros points out that the 28 separate asylum centers currently in place articulates no central or defining policy on who gets in and who stays out . He urges the EU to install a more comprehensive plan for asylum seekers, a plan that reflects a more visionary model that is more representative of Europe’s generous spirit formed from its own rich collective history of exodus and resettlement.

The Syrian flight has been taking place for a while now but stable resettlement in destination countries had been elusive, largely because the crisis was never taken on and wielded with true political will from the EU and the international community. Hungary’s answer to the problem, for instance, as with many other countries, was to secure its borders to keep the intractable flow of migrants out.

According the Soros, the fate of Syrian asylum seekers should by now be confronted and be met with a global response led by the United Nations and its member states. The Syrian refugee solution should have to serve as the standard guideline for ensuing problems of forced migration of people from beleaguered countries. The measures would also have to integrate a robust plan to return migrants safely or resettle them elsewhere when they are unable to qualify.

While vigorous financing is crucial to cover costs for adequate housing, healthcare, and education, (15,000 euros–$16,800–per asylum-seeker for the first two years to help cover basic needs), Soros also points out the importance of a plan that makes for the acceptance of refugees more economically attractive to member states. Funds to support resettlement programs can be raised, according to Soros, by issuing long-term bonds using their AAA borrowing capacity, which could offer a worthwhile fiscal stimulus to European economy. Instead of looking at the refugee crisis through the lens of fear and scarcity, the potential of each migrant to stimulate the consumer force of any economy should be regarded and developed as a viably humanitarian idea.

Read more: http://www.forbes.com/profile/george-soros/