Killing Capitalism Soros-Style

I have a new article up on the American Spectator website today called “Killing Capitalism Soros-Style.”

Here’s the top of it:

Having purchased, rented, or placed a down payment on all the political influence up for sale in America, leftist troublemaker George Soros now plans to ramp up his war on markets worldwide by creating an “Institute for New Economic Thinking” (INET).

“The system we have now has actually broken down, only we haven’t quite recognized it and so you need to create a new one and this is the time to do it,” Soros told the Financial Times last month.

In an interview with Der Spiegel last year Soros said European-style socialism “is exactly what we need now. I am against market fundamentalism. I think this propaganda that government involvement is always bad has been very successful — but also very harmful to our society.”

As preparation for INET, which already has a functioning website, Soros gathered economists to plot his renewed drive for world statism. One of those economists is Joseph Stiglitz, a member of the Socialist International. Stiglitz sits on SI’s Commission on Global Financial Issues, which was created “to address from a social democratic perspective the ongoing global financial crisis.” Of course to socialists a capitalist economy is by definition always in crisis, but that’s a discussion for another day. […]

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