Overheard: George Soros on the Role of Philanthropy Within a Social Welfare Society

"After the Nazi occupation, I experienced the Communist occupation…so I learned how important it is what kind of social system prevails. I’m really practicing political philanthropy, a very rare phenomenon because most of politics is not meant to be philanthropic. Having some influence which is devoted to the public interest can make a very important contribution."

- George Soros, at the International Conference on Philanthropy

Check out the conversation, which touched on a variety of topics including Soros’ underlying philosophy, the importance of transparency, the work of the Open Society Foundations, and the effects of the economic crisis and current economic policy within the European Union.

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