ABSTRACT

Amartya Sen and George Soros are eminent economic thinkers, who promote in theory and in practice an open economy and society characterized by pluralism and receptivity. Both of them have a deep understanding of today's complexity as well as of social philosophies of the past. While Soros is philosophically rooted primarily in Europe, with Karl Poppers approach to an Open Society as his guiding star, Sen draws in addition, for example, on his own Indian heritage. This chapter illustrates the need to revisit the theoretical grounds on which a future economy is built from diverse ideological backgrounds, on an ongoing basis. It continuously substantiates and practices open economics, in an open society. This is, for us, a suitable navigational framework for a social, knowledge-based economy. Soros translated his striving for an open society into the setting up of the Open Society Institute (OSI) and the Soro's Foundations Network.