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Title: Underwriting Democracy: Encouraging Free Enterprise and Democratic Reform Among the Soviets and in Eastern Europe by George Soros ISBN: 1-58648-227-0 Publisher: PublicAffairs Pub. Date: 06 April, 2004 Format: Paperback Volumes: 36 List Price(USD): $17.00

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Average Customer Rating: 2 (1 review)

Rating: 2
Summary: False Rhetoric
Comment: Soros argues here that he helped fund democracy in order to 'open up' the economies of the eastern bloc, including Russia. Nevertheless any study of Soros's multi-billion dollar Hedge fund style investments will show that he has not only funded democracy but he has invested heavily in these countries to earn a profit. Keeping democracy alive mostly is in self interest to the Soros pocket book, rather then any benevolent idea of helping the 'people' of Eastern Europe, who mostly remain poor and starving, subjected to terror and mafia style corruption that did not exist under totalitarian Communism. In the end the people of Eastern Europe traded the false-god of Communism for the equally false-god of investment banking and cowboy capitalism, with Soros at the forefront.

A dangerous text full of self obsession and slight of hand regarding Soros's personal investments in these societies, smacking of conflict of interest.

Seth J. Frantzman