Summary
Now he had a platform to become a writer and public thinker. From the late 1990s onwards, [George Soros] started predicting the demise of the capitalist economic system with monotonous regularity. In 1998 he published The Crisis of Global Capitalism, which declared that unfettered capitalism is 'a bigger danger to an open society than socialism', and that financial markets 'behave more like wrecking balls than a pendulum'.
See the full content of this document
Extract
Emperor Soros's New Clothes
If nothing else, three decades as one of the world's most successful speculators has taught George Soros how to pitch a book. While the main title of his latest work, The New Paradigm for Financial Markets, might not be the kind of thing to get Waterstone's managers clearing their shelves, its subtitle -- The Credit Crisis of 2008 and What It Means -- makes it bang up to date. Even better, Soros rushed it out as a digital download within days of the final w...
See the full content of this document
Sponsored links
