Perhaps when George Soros came across Australian philosopher Karl Poppers book titled the Open Society and its Enemies, all he could think about was his birth. Every intricate detail explaining the Open Society Philosophy must have caused nostalgic feelings of revelation in Soros. Maybe he was not aware that he would come to be a bigger proponent of the philosophy than Karl Popper himself but he claims the literature changed his perspective entirely. He was in London studying economics at the London School of Economics at the time and studied numerous socioeconomic philosophies. He related with the Open Society the most and appreciated the notion it brought forth on democracy, tolerance and respect for the rights of members of minority groups. He especially loved Popper’s book ‘The Open Society and its Enemies’ because it explained why and how totalitarianism, fascism, imperialism, nationalism, romanticism and collectivism failed the regimes and civilizations which used them.
The book argues that they assumed they had possession of the ultimate truth which has continued to be evasive for any human society. The book further explained that those philosophies erred in imposing their ideologies on other communities which had their own configurations.George Soros had witnessed such a situation unfold with his own eyes. The totalitarian Nazi Regime had invaded Hungary when and where George Soros was born to a Jewish family. The Nazi regime was imposing and thought to pacify Hungary by ridding it of its Jewish population to leave a pure Arian people. They killed over 500,000 Hungarian Jews and only missed the rest who were smart enough to lay low. The Soros family had to conceal their identities to avoid being killed for it. They fabricated documents which denounced their Jewish decent and even helped other numerous families to do it too. Had they not, they would have been part of a longer list of dead Jews than the existing one.
Soros had to move to London to study as the political atmosphere in Budapest could not have allowed a Jew to prosper at the time. His move to London equipped him with his investment process as well as his belief in the Open Society Philosophy.After his studies, Soros moved to the United States and worked in banks for a while. He furnished his employers with good investment advised and rose through the ranks. He began his own hedge funds and soon had a much domineering Soros Fund Management hedge fund. He became rich and founded the Open Society Foundations in due time. The Open Society Foundations is the biggest philanthropic organization in the history of mankind. It operates charitable causes in over 100 countries. Soros is the foundation’s main sponsor and has given it close to 90 percent of the 12 billion charitable donations he has made in his lifetime.