To be honest, Soros makes me look rather week and powerless. All I could do is read papers from the American Prospect and from policy institutes such as the Economic Policy Institute and the Center for Budget and Policy Priorities.
In addition, Gates and Soros’ acts of charity elicit extreme resentment from me. Why? I do not covet any of their assets and I admire their work. For example, Bill Gates is dedicated to providing medical supplies and funding research that the markets in developed nations will not pursue to benefit those in need. Soros, on the other hand, is interested in sowing the seeds of an open society around the world. Soros uses his resources to promote the proliferation of ideas.
I have a sincere desire to eradicate poverty throughout the world and promote an open society too. The reason why there benevolent acts are evocative of such resentment is that it reminds me that I am extremely unlikely to have that level of positive impact in the world. My own resentment is directed at my own inability to significantly contribute to the utilitarian agenda of reducing suffering. I doubt that I would become a hedge fund manager commanding perhaps a billion dollars worth of assets and earning millions with a performance fee. One needs an enormous amount of funds to undertake on these long term ambitious agendas.
Furthermore, I lionize Soros for what he doesn’t do with his wealth; he doesn’t collect art, own a yacht, nor have a private jet. (I will also reiterate my remark to Warren Buffett, but not Bill Gates.) Although Soros does not live a life of rigorous austerity, he comprehends how vacuous it is to indulge in luxuries when much work needs to be done in this world. However, Soros is repulsed at the notion that he would not acquire such as fortune as that would preclude him from conducting in his charitable contributions.
I feel that those who have the means to do this should it; we need to help those that God has abandoned.
I do not know what is the best way to significantly contribute for the common good for me. I should do my work now insteado of dabbling with political issues.