Small minded thought about George Soros

Interesting to compare this donation by George Soros with the donations made over the years by the Koch brothers:

The billionaire financier George Soros is giving $100 million (£65 million) to America\’s leading human rights organisation in a move that will enable the group to massively expand its operations around the world.

Worth applauding, certainly, as were his earlier donations to various open society organisations across the newly free Eastern European and Soviet states a decade and more ago.

Just one thing though: the Koch brothers have been roundly condemned in certain circles for donating some of their cash (and it\’s difficult to see that their money, garnered from industry, smells more than Soros\’, garnered as it is from speculation in financial markets) into the political and think tank system of the country they inhabit.

Soros is donating into the political and think tank systems of countries where he is not an inhabitant or citizen.

So which way around does this work? Donating at home is evil because you\’re trying to influence the politics that affects you? Or donation imperialism is worse, using your money to tell Johnny Foreigner how they should act?

9 thoughts on “Small minded thought about George Soros”

  1. Check out Philip Inman’s utterly hysterical ‘The right-wingers are coming!’ article in the Guardian this morning, about the influence of people who want ‘low taxes and small government’.

    You’d think he was writing about people who wanted the return of slavery from the overheated rhetoric and innuendo.

  2. “So which way around does this work?”

    It’s very simple; donating to organisations that support the views of the Guardian should be supported, those that oppose should be roundly condemned as anti democratic interference.

  3. Criticism of Soros for speculating in financial markets?We are always being told on this blog that speculation is a good thing!

  4. “Criticism of Soros for speculating in financial markets?We are always being told on this blog that speculation is a good thing!”

    Irony is a difficult thing isn’t it? Tim did not criticise Soros for his financial speculation, he simply pointed out that the same people who criticise the Koch brothers (but seem to like Soros) normally tend to criticise financial speculation

  5. To think I used to admire Soros for his role in helping shaft the ERM! But then again, there are plenty of examples of people who have made their fortunes through the market who, for various reasons, turn to support things that are anti-market and anti-freedom in certain respects.

  6. Why focus on Soros’ donations outside the US? He is a prolific funder of seemingly every left-wing group in the US. When the NYT recent ran a hit piece on the Koch brothers, almost every quote in the piece came from a Soros-funded group.

    It doesn’t matter whether trying to influence elections at home or abroad is worse, because Soros does it all. 🙂

  7. it’s difficult to see that their money, garnered from industry, smells more than Soros’, garnered as it is from speculation in financial markets

    I wasn’t aware you disapproved of financial speculation, Tim.

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