According to Soros, liberal democracy is failing all across the western world. Apparently, this is because what he calls the “open society” is in crisis. Now, he may very well be right about this, but pinning it on Angela Merkel seems somewhat bizarre. Especially when she is painted as being inadvertently in league with Vladimir Putin. But, nevertheless, it’s the German chancellor he regards as most culpable for why voters have become disenchanted with modern democracy.
Writing in a widely published New Year op-ed, Soros traces the current European crisis back to the crash of 2008. He laments how “Germany emerged as the hegemonic power in Europe, but it failed to live up to the obligations that successful hegemons must fulfill, namely looking beyond their narrow self-interest to the interests of the people who depend on them.”
Then he harks back to the 1940’s. “Compare the behavior of the US after WWII with Germany’s behavior after the Crash of 2008,” he observes. “The US launched the Marshall Plan, which led to the development of the EU; Germany imposed an austerity program that served its narrow self-interest.” (Click to Article)