An open society is a society which allows its members the greatest possible degree of freedom in pursuing their interests compatible with the interests of others.
Interpretation
An open society promotes individual freedom while considering the well-being of the community.
The quote highlights the importance of balancing personal freedoms with social responsibility. In an open society, individuals are encouraged to pursue their passions and interests, but these pursuits should not infringe upon the rights or interests of others. This creates a harmonious environment where diversity and freedom can coexist with mutual respect and cooperation.
In practice
This quote could be used in a speech on civic engagement to encourage citizens to find a balance between personal ambitions and social duties.
The securitisation of mortgages added a new dimension of systemic risk. Financial engineers claimed they were reducing risks through geographic diversification: in fact they were increasing them by creating an agency problem. The agents were more interested in maximising fee income than in protecting the interests of bondholders. That is the verity that was ignored by regulators and market participants alike.
The collapse of the global marketplace would be a traumatic event with unimaginable consequences. Yet I find it easier to imagine than the continuation of the present regime.
Regulating and taxing marijuana would simultaneously save taxpayers billions of dollars in enforcement and incarceration costs, while providing many billions of dollars in revenue annually.
We are the most powerful nation on earth. No external power, no terrorist organization can defeat us. But we can defeat ourselves by getting caught in a quagmire.
My foundations support people in the country who care about an open society. It's their work that I'm supporting. So it's not me doing it. But I can empower them. I can support them, and I can help them.
The criminalization of marijuana did not prevent marijuana from becoming the most widely used illegal substance in the United States and many other countries. But it did result in extensive costs and negative consequences.
Jem gave a reasonable description of Boo: Boo was about six-and-a-half feet tall, judging from his tracks; he dined on raw squirrels and any cats he could catch, that's why his hands were bloodstained - if you ate animal raw, you could never wash the blood off. There was a long jagged scar that ran across his face; what teeth he had were yellow and rotten; his eyes popped, and he drooled most of the time.
Just as divine authority was legitimised by religious mythologies and human authority was legitimised by humanist ideologies, so high-tech gurus and Silicon Valley prophets are creating a new universal narrative that legitimises the authority of algorithms and Big Data.
The only obligation which I have a right to assume is to do at any time what I think right.
You can't judge an internal injury by the size of the hole.
But people who long to be rich fall into temptation and are trapped by many foolish desires and schemes that plunge them into ruin and destruction. For love of money is the root of all of evil and some having pursued its power, fall from faith and end in sorrow.
The patient decides when it's best to go.
Subscribe for the occasional hand-picked quote. No noise.