The American Spectator : The Spectacle Blog : Billionaire Capitalist Gives Millions to Fight Capitalism

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The Spectacle Blog

Billionaire Capitalist Gives Millions to Fight Capitalism

By Joseph Lawler on 10.28.09 @ 11:54AM

Billionaire financier George Soros is giving $50 million to found an anti-free market think tank. The think tank, to be called "The Institute for New Economic Thinking," would help "take back the economics profession from the champions of free-market zealotry who have dominated it for decades, and to correct the failures of decades of market deregulation," according to the unbiased news publication Newsweek. Soros reportedly already has left-wing economists like Joseph Stiglitz and Jeffrey Sachs on board for the project.

It would add to a number of American think tanks and media outlets in Soros's employ.

View all comments (9) | Leave a comment

Pete| 10.28.09 @ 12:14PM

"free-market zealotry"

Unreal, these clowns.

Ole Sandberg| 10.28.09 @ 12:16PM

Mr. Soros is Groucho Marx with way too much money and no sense of humor. Groucho famously joked that he would never belong to a club that would accept him as a member. Mr. Soros' actions say he will not accept membership in a society that enables someone like him to become a multi-billionaire. It is tempting to share the sentiment. Mr. Soros claims to be a champion of the "open society." Karl Popper's descendants should sue him for fraud.

knotacommie| 10.28.09 @ 12:47PM

Soros IS NOT a capitalist. He is a GAMER of capitalism. Hes a inhuman piece of trash who ruins lives and economies in the interest of his power and his weird "religious" ideas. Soros is just both plain weird and plain evil. The only thing Soros deserves is a rope around his neck for his treasonous actions.

KOOLLOOK| 10.28.09 @ 2:27PM

Heck that sounds like all the so call capitialists who damn near brought this country to its knees under a republican administration. Deregulate more tax payers are loaded to pay for it in the end.

SoCon| 10.28.09 @ 4:14PM

Kool Aide Drinker, you mean the so-called capitalists like Chris Dodd, Bwarney Frank and all of you liberals who destroyed our economy with your CRA (Jimmuh Carter's CRA legislation was first enacted in the '70s and was turbocharged by Pervert in Chief Clinton in the '90s) liberal social engineering garbage?

Yeah, we're quite aware of your leftist treachery.

Nice try, though, moron.

Clay Barham| 10.28.09 @ 7:40PM

Soros is a Capitalist reflecting Marx's view of it, which reflects European mercantilism, where the elite few in government and business rule the many. What he is NOT is an advocate for the free market that grew out of individual freedom, as cited in THE CHANGING FACE OF DEMOCRATS on Amazon and www.claysamerica.com.