Part one of term paper
Many economists agree that there is a significant imbalance between the growth of global economy and the development of a free society. One of these economists who agrees with this point is George Soros. Soros bases his dilemma mainly on the Thai crisis that hastened the currency meltdown in Asia. Also the Russian collapse inflicted temp ...

Part two of term paper
... has distorted the role of capital to the extent that it is today a greater threat to open society than any totalitarian. Soros argues that capitalism, when completely unregulated tends to swerve out of control, like a car taking a curve too fast. Decision by markets are amoral but not immoral. Soros believes that capitalism can be effectively mediated by and open society. He does not define precisely what this means, but he suggests that society needs to be able to experiment with cultural value ...