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Areas Quote by George Soros

“Although I have made a fortune in the financial markets, I now fear that the untrammeled intensification of laissez-faire capitalism and the spread of market values into all areas of life is endangering our open and democratic society. The main enemy of the open society, I believe, is no longer…” quote by George Soros
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“Although I have made a fortune in the financial markets, I now fear that the untrammeled intensification of laissez-faire capitalism and the spread of market values into all areas of life is endangering our open and democratic society. The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.”

George Soros

About This Quote

Source Speech: Open Society Foundations, 2015

Unchecked capitalism erodes democratic values and threatens freedom.

In simple terms: Capitalism unchecked harms democracy.

Key Takeaway

Guard against market overreach.

Themes

democracy economics freedom

Mood

concerned critical

Type

political analytical

When to use this quote

  • policy making
  • public discourse
  • corporate governance
  • civil society activism

Key Concepts

political economy social risk market ethics

Questions to Reflect On

  • How can we balance profit with public good?
  • What safeguards protect democracy from market dominance?
A Different Perspective

Economic growth alone cannot sustain open societies.

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