During the 1970s, George Soros, the Hungarian-born financier, funded opposition movements under Communist regimes. Here, he recounts his efforts to further the cause of democracy in eastern Europe, and calls for the Soviet economy to be restructured around a hard currency.
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George Soros heads Soros Fund Management and is the founder of a global network of foundations dedicated to supporting open societies. Known throughout the world both for his financial acumen and for his political engagement, Soros is the author of several bestselling books including The Alchemy of Finance and The Crisis of Global Capitalism. PublicAffairs will publish his new book, The Bubble of American Supremacy, in January 2004.From Kirkus Reviews:
Here, Hungarian refugee-turned-millionaire Soros narrates his role in setting up foundations that helped topple Communism, and offers his views on curing the economic chaos new ensuing in the USSR and elsewhere. Ten years ago, having grown wealthy speculating in American markets, Soros started setting up foundations in Communist countries, gambling that he could help bring about ``open societies'' in these closed regimes. The author, who describes himself as a ``stateless statesman'' with the ``image of a man who gets things done,'' had to fight initial suspicions of CIA backing as he nimbly outnegotiated Eastern bloc leaders to keep his foundations independent of government control. He then funded alternative businesses, services, and forums, showing himself more a fox than a ``rich American uncle'' ripe for plucking. Soros sees Communism as fatally flawed and beyond reform since under it ``investments are hopelessly inefficient because capital has no value.'' From this perspective, he has spearheaded attempts to save the Soviet economy from disintegration, most notably the unsuccessful struggle to adopt the Shatalin Plan in the USSR, which would have transferred economic powers to the republics and then delegated them back to a council under the president's authority, thus neatly eclipsing the present central bureaucracy. Soros argues that early Western aid to the USSR would have prevented an unfolding economic tragedy. He concludes with an intriguing new theory of history that incorporates insights from chaos theory and likens revolutions to boom/bust cycles in financial markets. Fascinating but a bit dense with theory. -- Copyright ©1991, Kirkus Associates, LP. All rights reserved.
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Book Description Free Pr, 1991. Hardcover. Book Condition: New. Bookseller Inventory # P110029302854
Book Description Free Pr, 1991. Hardcover. Book Condition: New. book. Bookseller Inventory # 0029302854
Book Description Free Pr, 1991. Hardcover. Book Condition: New. Bookseller Inventory # DADAX0029302854
Book Description Free Pr. Hardcover. Book Condition: New. 0029302854 New Condition. Bookseller Inventory # NEW6.3003826