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Can George Soros Save Capitalism?

August 12, 2017 - Author: steph

Billionaire philanthropist George Soros is still fighting the good fight. He has long been a supporter of Democratic politicians and progressive movements. In the last presidential election, Soros pledged over $26 million to Super PACs that supported Hillary Clinton.

Although Clinton failed to win the presidency, Soros has continued to support causes and organizations that his Open Societies Foundation believe in.

While the presidency of Donald Trump is seen as an existential threat by many leaders around the world, Soros himself has famously said the Trump was “doing the work of ISIS” by coming up with increasingly harsh policies against Muslims, he also sees capitalism as a threat as well. Read more about George’s life story at biography.com

In an opinion piece published in The Atlantic, Soros states that capitalism, as it is being practiced today, is endangering our democratic and open society.

It is not that Soros dislikes capitalism, in fact, he is probably one of the greatest capitalists who ever lived. As a hedge fund manager, he has amassed a fortune estimated at over $25 billion.

Soros’s argument for the threat of capitalism is in the way it has been implemented in the West over the last few decades. Capitalism has become more of an authoritarian type of system, much like communism and Naziism were in the past.

These ideologies, like capitalism now, claimed to have held the ultimate truth but could only use force to control society and impinge on the rights of individual citizens.

In almost every newscast or newspaper, you can see instances where companies and governments have trampled on the rights of individuals in order to benefit the bottom line of businesses. There is always that argument that the “free market” is much more efficient than governments and that capitalism will solve every problem.

As Soros points out, this laissez-faire form of capitalism, where businesses can do whatever they want, is dangerous. It is dangerous for the people, for the planet, and for future generations.

George Soros is not trying to do away with capitalism. He just wants it to be a more a more democratic and open system.

To date, George Soros has given away more than $12 billion of his fortune to help organizations and individuals who are striving to spread freedom and democracy around the world. These contributions are made through his Open Societies Foundation.

If anyone can save capitalism it is a person like Soros. As someone who has benefited from it, he can steer it in the right direction. Follow George on twitter.com.

No Comments - Categories: Human Rights Activist, Investment Strategist, Philanthrophy

The Innovative and Speculative Business Mogul, Christopher Burch

June 20, 2017 - Author: steph

Chris Burch is a respected investor who is always full of useful ideas in business. He is focused mainly in the following sectors; real estate, technology, fashion with manufacturing industries that have employed thousands of people in the USA. His experience in business is summarized as a success.

He kicked off his career in business while he was still in Itchita College when Chris and his brother started a company called Eagle Eye that did well till it was sold at a whopping 165 million dollars.  Check bjtonline.com

Chris came up with a new business that he called Burch Creative Capital and he is the manager and principal. The constituents of the company are; Nihiwatu, Poppin, Cocoon9, and ED by Ellen De Generes.  Hop over to forbes.com for additional article.  His expertise in the industry and his skills has enabled him to have a big empire that has grown to a large scale company with a lot of money. Implementation and execution of strategies are where he is good at. He understands the things that will attract the customers and satisfy them fully.

Apparently, he is attentive on instituting his hospitality business in Asia. Chris has partnered with James McBride who is an hotelier and built a beach Inn in Indonesia. The Inn is located on an Island called Sumba and was renovated in 2012 when the owners pumped in 30 million dollars so as to refurbish the place. They opened it in 2015 as a five-star resort called Nihiwatu. The critiques have evaluated it and given the entrepreneurs the Best Hotel Award in the world in 2016, by Travel and Leisure.  For related article, hit on ideamensch.com.

When he invested in the hotel, he wanted his children to inherit it. He also had the locals there in mind. They wanted to benefit from it either directly or indirectly. The hotel was going to transform the way people were living in the community and attract more local clients, and his expectations were exceeded.  For a must-read interview with Burch, check ceocfointerviews.com

When he is undertaking his roles there, he is to divide and get time for Hamptons and Nihiwatu with 27 private villas and private plunge pools with the best beaches for surfers. He has managed to employ many people in Sumba Island and profit proceeds to charity in Sumba Foundation where local projects are funded.  For updates of Burch timeline activities, click this.

There are locations in the neighborhood that have a good scene. The Coconut Grove has a quiet and serene environment that offer a good place for people who are learning to surf. Kids can ride on stables in the resort with a little help. The partners want to proceed and invest in Costa Rica and Nicaragua for the working class and millennial population to visit.

For an in-depth look at Burch company visit http://www.burchcreativecapital.com/portfolio/

No Comments - Categories: Investment Strategist