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The Age of Fallibility: Consequences of the War on Terror [Paperback]

George Soros
3.6 out of 5 stars  See all reviews (24 customer reviews)

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Book Description

June 26, 2007
After reflecting on his support of a losing Democrat for president, George Soros steps back to revisit his views on why George Bush's policies around the world fall short in the arenas most important to Soros: democracy, human rights and open society. As a survivor of the Holocaust and a life-long proponent of free expression, Soros understands the meaning of freedom. And yet his differences with George Bush, another proponent of freedom, are profound.

In this powerful essay Soros spells out his views and how they differ from the president's. He reflects on why the Democrats may have lost the high ground on these values issues and how they might reclaim it. As he has in his recent books, On Globalization and The Bubble of American Supremacy, Soros uses facts, anecdotes, personal experience and philosophy to illuminate a major topic in a way that both enlightens and inspires.


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Editorial Reviews

Review

"It is hard to deny [Soros'] thorough familiarity with today's profoundly interdependent world." -- The St. Louis Post Dispatch --This text refers to an out of print or unavailable edition of this title.

About the Author

George Soros heads Soros Fund Management and is the founder of a global network of foundations dedicated to supporting open societies. He is the author of several best-selling books including The Bubble of American Supremacy, Underwriting Democracy, and Open Society.

Product Details

  • Paperback: 288 pages
  • Publisher: PublicAffairs (June 26, 2007)
  • Language: English
  • ISBN-10: 158648494X
  • ISBN-13: 978-1586484941
  • Product Dimensions: 5.2 x 0.8 x 7.6 inches
  • Shipping Weight: 9.9 ounces (View shipping rates and policies)
  • Average Customer Review: 3.6 out of 5 stars  See all reviews (24 customer reviews)
  • Amazon Best Sellers Rank: #1,120,057 in Books (See Top 100 in Books)

More About the Author

George Soros was born in Budapest, Hungary on August 12, 1930. He survived the occupation of Budapest and left communist Hungary in 1947 for England, where he graduated from the London School of Economics. While a student at LSE, Mr. Soros became familiar with the work of the philosopher Karl Popper, who had a profound influence on his thinking and later on his professional and philanthropic activities. The financier. In 1956 Mr. Soros moved to the United States, where he began to accumulate a large fortune through an international investment fund he founded and managed. Today he is Chairman of Soros Fund Management LLC.

Customer Reviews

3.6 out of 5 stars
(24)
3.6 out of 5 stars
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Most Helpful Customer Reviews
58 of 60 people found the following review helpful
4.0 out of 5 stars Open society, not anti-american August 25, 2006
Format:Hardcover
I had never heard of George Soros until I read an editorial he sent in to the Wall Street Journal. The editorial piqued my interest and so I looked him up and discovered this book.

The Age of Fallibility is very well written and presents very complicated theories in an easy to grasp from. Soros writes with the mentality of someone that really wants to get his point across: He tells you what he is going to talk about, talks about it, and then tells you what he just talked about. This has the affect of seeming a bit repetitive, but at the same time, you realize that the ideas are actually sinking in.

The first half of the book is dedicated to Soros' theory of reflexivity. Basically, reality isn't a fixed thing that we work around, it is constantly changing because of our actions and our thoughts. The idea of an open society is one that accepts that we will never reach a "perfect" solution to anything and so we must always work together to improve what we are doing, understanding that each improvement we make will require additional improvements.

The second half of the book is geared towards asking what is currently wrong with America, what is wrong with the world, and what we can do to fix it. Soros gives an in depth look into all three topics and makes some very good points.

To say that George Soros is anti-American is just silly. He merely points out the ways in which Americans can improve in our domestic and foreign policies. This is part of the open society model. There is always room for improvement. Pointing out that something can be improved is not the same as being against it.

The book got over my head a bit towards the end. I don't know enough about Russia to follow a lot of the points made there. Overall, this is a great book for someone who is interested in what is currently happening in this country and the world and would like to know more.
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156 of 177 people found the following review helpful
5.0 out of 5 stars Soros is the Consummate Rationalist June 10, 2006
Format:Hardcover
People in other reviews have claimed "Soros hates Americans", however this is far from an accurate reflection of his beliefs. Soros *IS* the consummate rationalist. If U.S. policies that inflict massive harm on people around the world changed, he would revise his opinions. He is not irrational. He merely points out the harm the policies cause.

With geniuses like Gandhi, Roosevelt, Einstein, and Popper now passed away, Soros has emerged as one of the smartest still living people on the planet. Soros has made billions of dollars by simply predicting trade imbalances and trading on the side of them as they corrected. His theories, while not infallible, have a predictive and reliably accurate quality that is unsurpassed by the statements of any other living human being.

Soros teaches us to always ask questions.

Namely ... how "free" is the family cowering in their basement with their children awaiting death as their city is being bombed by "freedom fighters"?
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20 of 22 people found the following review helpful
4.0 out of 5 stars It's a Worthwhile Education September 6, 2006
Format:Hardcover
Soros probably writes too many books and doesn't spend enough time crafting them. Certainly he stuffs each book with too many ideas and topics, some of them decidedly under-developed. For all that, the insights are well worth the slog.

If you've read his earlier books, in particular The Alchemy of Finance, you already know his philosophy and can quickly scan the first 70 pages of this book for new nuggets and then go on to his take on the current situation in America. Even if you're new to his blend of theory and practice, you may be better off skipping the passages that don't mean much to you. There's something useful for everybody here, so don't get bogged down, go ahead and piece together the good bits.

What particularly appealed to me is the application of his conceptual framework to the American political scene. The framework is about the two-way interaction between thinking and reality: We can't know what's going to happen, whether in markets, elections or wars. But our thoughts direct our behavior thereby shaping reality, which boomerangs back to our minds.

A simple example: people think [...] stock will rise so they buy it and it does and people think it will rise even more. Such is the stuff of market bubbles. Misconceptions become reality.

Soros applies this dynamic, arguing that Americans went along with Bush feel-good nostrums because they don't like to face unpleasant facts. Political reality was re-made in the same sense as demand for [...] causes a real bubble. Soros argues for a change in attitude.

The odds are probably against him. However, as he writes, one trades in order to win but one takes political positions because one believes in them. Now that's not really correct--plenty of people mouth political messages because they're paid to do so. But not Soros, more glory to him. All this is an overly simple sketch; read the book at least in part to get the flavor.
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Most Recent Customer Reviews
2.0 out of 5 stars not a first impression
I used to think this guy was a bit off but seemed to be a trend setter. After I read his book, now I know he is definitely strange. Won't recommend it to give him a platform. Read more
Published 3 months ago by Thomas J. Ba Ross
1.0 out of 5 stars worth the read..but you can dumb the book
one has to go into the hearts of darkness to realize the darkness..a book which diverge everyone's attention on the American moral ground is constructed and should be led by our... Read more
Published 5 months ago by David Ip
2.0 out of 5 stars Globalism & the loss of US soverignty
Soros outlines just how to take down capitalist America. Here's an excerpt: "The main obstacle to a stable and just world order is the United States" He announced in 2003 that it... Read more
Published 20 months ago by Jackson, A.
5.0 out of 5 stars Why America's world status is in doubt
Self-made billionaire George Soros offers a dense, philosophical and theoretical book about the state of the United States and the world. Read more
Published on August 14, 2008 by Rolf Dobelli
5.0 out of 5 stars Thought Provoking for the Open-Minded
First of all, it must be said right off that this is not a book about trading. Soros is most famous in the financial markets for his managing of the Quantum Fund and making a... Read more
Published on January 15, 2008 by John Forman
3.0 out of 5 stars A good start and a stale finish
The book has basically three parts: a) Introduction, b) Conceptual Framework, and c) The Present Moment in History. Read more
Published on December 1, 2007 by Rodrigo Silveira
2.0 out of 5 stars Summer Reading
This book has two pieces. The first half is a mix of philosophy and analysis, centered on the theme of open society. Read more
Published on June 26, 2007 by bjcefola
3.0 out of 5 stars Good book but with too widespread and not concise line
The books is based on three pilars:
1) Representing the falsification theory of Popper, which becomes to some extend boring, since every George Soros book repeats this... Read more
Published on April 15, 2007 by Apostolos Dereklis
5.0 out of 5 stars Compelling advocacy of [the] open society
Most of the meat of this decidedly philosophic opus by one of the world's most successful financial wizards concerns the differences between the closed and open societies that... Read more
Published on March 25, 2007 by Dennis Littrell
4.0 out of 5 stars George Soros, Philosopher
Anyone who has done some reading in philosophy or the sociology of knowledge will quickly recognize George Soros' key concepts. Read more
Published on February 1, 2007 by Izaak VanGaalen
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