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The Bubble of American Supremacy

Posted By Barry Ritholtz On December 1, 2003 @ 7:13 pm In Current Affairs,Finance,Media,Politics | Comments Disabled

Harsh words from billionaire hedge fund manager George Soros [1]. In an Atlantic Monthly article, “The Bubble of American Supremacy [2],” Soros rails against the Bush Doctrine.

The obligatory excerpt:

“The supremacist ideology of the Bush Administration stands in opposition to the principles of an open society, which recognize that people have different views and that nobody is in possession of the ultimate truth. The supremacist ideology postulates that just because we are stronger than others, we know better and have right on our side. The very first sentence of the September 2002 National Security Strategy (the President’s annual laying out to Congress of the country’s security objectives) reads, “The great struggles of the twentieth century between liberty and totalitarianism ended with a decisive victory for the forces of freedom—and a single sustainable model for national success: freedom, democracy, and free enterprise.”

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URL to article: http://www.ritholtz.com/blog/2003/12/the-bubble-of-american-supremacy/

URLs in this post:

[1] George Soros: http://www.soros.org/about/bios/a_soros

[2] The Bubble of American Supremacy: http://www.theatlantic.com/issues/2003/12/soros.htm

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