Kansainvälisen kapitalismin kriisi - Avoin yhteiskunta uhattuna

by George Soros

George Soros is a legend in the world of finance, a man whose name is known from Wall Street to Wuhan, from Manchester to Moscow, from Brussels to Bangkok. His Quantum Fund has been the best-performing investment fund in history and his foundations have helped reshape the post-Cold War world. Now Soros applies all of his wisdom, expertise and insight to explain what's happening in the collapsing global economy. The result is a brilliant work of profound importance, a startling critique of what's gone wrong and an inspiring vision of how it can be fixed.

In THE CRISIS OF GLOBAL CAPITALISM, Soros dissects the current crisis and economic theory in general, revealing how theoretical assumptions have combined with human behavior to lead to today's mess. He shows how unquestioning faith in market forces blinds us to crucial instabilities, and how those instabilities have chain-reacted to cause the current crisis-a crisis that has the potential to get much, much worse. But there is a way out, and it involves embracing the concept of the open society. And by doing so we can save not only our financial system, but also our civilization.

Genres: Economics, Nonfiction, Finance, Politics, Business, Philosophy, Sustainability

231 pages, Hardcover

First published January 1, 1998

About the author

George Soros is a Hungarian-American financier, businessman and notable philanthropist focused on supporting liberal ideals and causes. He became known as "the Man Who Broke the Bank of England" after he made a reported $1 billion during the 1992 Black Wednesday UK currency crises. Soros correctly speculated that the British government would have to devalue the pound sterling.

Soros is Chairman of Soros Fund Management, LLC.
As one of history’s most successful financiers, his views on investing and economic issues are widely followed.

Reviews

[Cambridge Programme for Sustainability Leadership · Rating 5 out of 5]

One of Cambridge Sustainability's Top 50 Books for Sustainability, as voted for by our alumni network of over 3,000 senior leaders from around the world. To find out more, click here.

The Crisis of Global Capitalism warns that global stability is threatened by the emergence of market fundamentalism - the belief that the common interest is best served by individual decision-making, and that any attempt to maintain the common interest through government intervention distorts the market mechanism. 'It is market fundamentalism,' Soros insists, 'that has rendered the global capitalist system unsound and unsustainable.'

Soros belives that the development of a global economy has not been matched by the development of a global society. International law and international institutions, insofar as they exist, are not strong enough to prevent war or the large-scale abuse of human rights in individual countires. Ecological threats are not adequately dealt with. And global financial markets, which are inherently unstable and do not care about social and environmetal needs, are largely behond the control of national or international authorities.

[TarasProkopyuk · Rating 4 out of 5]

В книге "Кризис мирового капитализма: открытое сообщество в опасности" Джорджем Соросом рассмотрены проблемы капитализма в современном мире и выложены мысли как избавится от них, что является их основной проблемой и как построить работающее "открытое общество" о идеи которого он весьма заботится.

Сорос довольно весомая личность не только как инвестор и финансист с мировым именем, а и как политик вне политики и филантроп. Хотя за пределами данной книги его личность часто высвечивается сугубо как циничного спекулянта и также часто в неблагоприятном для него свете.

Книга весьма интересная, хотя и будет несколько сложная для тех у кого нет финансового или экономического образования, поскольку часто изобилует множественной терминологией, особенно финансовой.

[Camilo Zuluaga Borda · Rating 1 out of 5]

Este libro hace ciertas criticas a la falta de gestión en los mercados financieros por parte de las instituciones públicas. Deja claro que el mercado no es eficiente y requiere regulaciones para evitar las burbujas.

Me pareció de lectura muy técnica y algo pretenciosa, ya que hace varias críticas a la forma en que se han abordado ciertas problemáticas, sin embargo las propuestas que el autor hace solo han sido contrastadas en su laboratorio financiero e ignora la parte política, que es la que finalmente impera en los mercados.

[Peng Gao · Rating 3 out of 5]

Useful to read in the washroom

Good easy reading that tells a historic perspective

Has a few ideas but overly exploited to paper thin

The lack of evidence means one must not take it as a product of serious thoughts, only the remnants or skeleton of some such

[Matthew Keck · Rating 3 out of 5]

What a frustrating book!

George Soros appears to have some very heterodox thoughts and seems to critique financial markets in a relatively novel way. Chapter 1 of this book is interesting and compelling and I'd love to see his thoughts on the value of fallibility and considering the consequences of reflexivity when making long term decisions discussed in more (modern) contexts. The rest of Part 1 is repetitive and has diminishing returns to read.

Then he takes the points brought up in Part 1 and uses them in Part 2 to make an incredibly establishment case for government institutions. How boring! His conclusions are, more or less, government should do better. I found this very underwhelming and nothing really worth consideration.

In short, would be great to see Soros contend with ideas from the Austrian camp of economics (instead he usually combats neoliberal corporatist/Chicago school type ideas) and it would've been great if he had more substantive applications to his early ideas in the book.

All that said, I'm surprised that this book hasn't been more widely read given the topic and Soros' name being attached to this book.

[Karl · Rating 4 out of 5]

This book was one of my first routes into my introduction into the world of economics. Having studied Japanese, was inadvertently found financial politics coming into focus. I have ever since, grown interest in these subject.

George Soros is a very interesting individual, and a man with vast, perhaps unmatched experience.

[Carlos Eguibegui · Rating 4 out of 5]

Soros explains his view about the world (circa 1998) in different scopes: Economics,Politics and Social. His is concerned about how the values of liberalism affects other scopes of society and how we should fix them as well as the flaws of global and local politics to be a better world accepting our flaws in general and try to improve for ever.

[Michel Arzt · Rating 3 out of 5]

It seems to over complicate ideas.

[Bob Kennedy · Rating 1 out of 5]

A globalist and a marxist approaching a subject me knows nothing about.

[Rakesh Awasthi · Rating 4 out of 5]

Showing the mirror, straight from the Insider.

[Marco den Ouden · Rating 4 out of 5]

This is an excellent introduction to George Soros' philosophy and ideals. I'll be writing a detailed analysis on my blog over the next month and will add links here as they are written.

[R2 · Rating 3 out of 5]

Ihan kiinnostava yhteiskuntafilosofinen kirja vuosituhannen vaihteesta. Olis kiinnostava kuulla et olisko sisältö paljonkaan muuttunut tänä päivänä kirjoitettuna

[Robel Belete]

nice

[Lucía Vijil Saybe · Rating 5 out of 5]

Un multimillonario magnate que sentó las bases en sus empresas para poder "analizar" el sistema donde las creó. Reconoce las fallas en el capitalismo, pero no lo destruye, que ahí mismo planteó la manera de salvar al capitalismo de su crisis global. Puntos importantes, reconocer la flexibilidad y la falibilidad en un sistema de mercado libre que no es perfecto. Preocupado por la cuestión de los valores, donde afirma que la escuela clásica de Smith se ha involucrado en asuntos que no le competen el mercado (sistemas de organización, colectividades hasta sentimientos). Además, dice que una economía de libre mercado es cualquier cosa menos una comunidad, por lo que descarta la idea de la comunidad internacional por las diferencias políticas que no consolida el capitalismo. La crisis del capitalismo es causada por patologías inherentes al sistemas finaciero internacional y una vez más, se ridiculiza a los defensores del mercado buscando "equilibrio" que dice, NO EXISTE.

[Monzenn · Rating 4 out of 5]

Solid four stars. I share many of the sentiments of the author, from building a foundation that rests on reflexivity (mirrored in other fields like behavioral economics) to the unique role of inter-governmental agencies, formal or no. Thus, for the most part, I got what his narrative was. The one star dock is really a combination of factors that generally fall under "enjoyment": the first half was too abstract to be interesting at points (Bullshit Jobs did the sensational plus philosophical thing better), there was a weird tangent towards death and love near the end (understand it's his advocacy but still), and the ending was a bit underdeveloped. Still a book I'd be okay to recommend to others, and I'm excited to read Alchemy of Finance whenever I get a copy.

[Rolf Von · Rating 4 out of 5]

Soros (irrespective of what one thinks of him), gave the world a clear warning 20 years ago - of the mess that is about to unfold and some of the factors that would cause the unwinding. One could argue that it was in the best interests of anyone with such wealth to warn against things that would cause an end to the power structures as they currently exist... however the book came across as simple, genuine concern for our plight. The messages it contains are probably as relevant as ever. The solutions now require an order of magnitude more sophistication. Distributed ledger technology was still a decade away when this went to print.

[Rudyard L. · Rating 2 out of 5]

Got about 2/3 through, Soros predicted the reasoning behind the 2008 financial crisis quite well. His critique of modern financial capitalism is quite good. However, this book as a total is an incoherent Panegyric and is a vehicle for self praise. The book has little central theme and winds around incoherently. He uses every opportunity to brag about his various philanthropies and the 1998 financial crisis, which he paints as a great turning point in history but was in fact a minor event where he just made a lot of money. I feel like this book is a combination of selling to George Soros fanboys who will buy anything he writes and an opportunity for him to brag.

[Ice Bear · Rating 3 out of 5]

Do we ever learn, no ! Written in 1997, probably not much altered in 2008.

An interesting theory almost to the point of saying complexity makes all theories redundant.

I understood the practical application rather than the theorising.

The concept of Open society is interesting but still too me seems to market driven, prefer the socialist european models. But the point is that all models can be corrupted.

[Kirsten Greed · Rating 5 out of 5]

reading at the moment.
Links to Karl Popper's Open Society
Heavy but fascinating stuff

[Nat · Rating 1 out of 5]

Soros should continue to be a fund manager and stop writing.

[Matt · Rating 1 out of 5]

In conservative circles, George Soros is a candidate for the anti-Christ. I'm reading this book to form my own opinion of his ideas.

[Martin Lopo · Rating 2 out of 5]

Lo trajo a colacion, la funcion "importar"... ahi qeuda, de la epoca anterior casi a facebook.. jaja , fragmentos de algo qeu no se podra completar... la biblioteca..