My foundations support people in the country who care about an open society. It's their work that I'm supporting. So it's not me doing it. But I can empower them. I can support them, and I can help them.
Interpretation
The quote emphasizes the importance of supporting and empowering those who strive for an open society rather than claiming personal credit for their work.
In this quote, George Soros expresses his belief that his contributions are not about his individual efforts but about the support and empowerment of others who work towards maintaining an open and democratic society. He conveys that true impact comes from lifting up those who share his vision, highlighting the collaborative nature of social change and the importance of collective action in fostering an inclusive community.
In practice
This quote can be used in a speech at a charity event to underline the importance of collective efforts.
The securitisation of mortgages added a new dimension of systemic risk. Financial engineers claimed they were reducing risks through geographic diversification: in fact they were increasing them by creating an agency problem. The agents were more interested in maximising fee income than in protecting the interests of bondholders. That is the verity that was ignored by regulators and market participants alike.
The collapse of the global marketplace would be a traumatic event with unimaginable consequences. Yet I find it easier to imagine than the continuation of the present regime.
Regulating and taxing marijuana would simultaneously save taxpayers billions of dollars in enforcement and incarceration costs, while providing many billions of dollars in revenue annually.
We are the most powerful nation on earth. No external power, no terrorist organization can defeat us. But we can defeat ourselves by getting caught in a quagmire.
The criminalization of marijuana did not prevent marijuana from becoming the most widely used illegal substance in the United States and many other countries. But it did result in extensive costs and negative consequences.
Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.
Despite our very recent appearance on the planet, humanity combines arrogance with increasing material demands, even as we become more numerous. Our toughness is a delusion. Have we the intelligence and discipline to vigilantly guard against our tendency to grow without limit?
Feelings come, and feelings go, and feelings are deceiving. My warrant is the Word of God, naught else is worth believing.
There is more than one kind of freedom," said Aunt Lydia. "Freedom to and freedom from. In the days of anarchy, it was freedom to. Now you are being given freedom from. Don't underrate it.
Moderation has been called a virtue to limit the ambition of great men, and to console undistinguished people for their want of fortune and their lack of merit.
To recommend a monarchy on account of the prosperity it gives the provinces seems to me like recommending that a man should have liberty to treat his children as slaves, if at the same time he treats his slaves with reasonable consideration.
Each of us must pay for the slightest damage he inflicts upon a universe created for indifference and stagnation, sooner or later, he will regret not having left it intact.
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