George Soros Lecture on the Way Forward, Part 3

George Soros concludes his week-long lecture series at the Central European University in Budapest discussing the way forward. In this final segment he contrasts "international capitalism" with "state capitalism" and believes that a new international economic system needs to be created following the collapse of the financial system. He calls on President Obama to be more far-sighted when it comes to the system's overhaul, and for China to become a more open society. See below for a transcript of the lecture.