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Bonus FAQs If you expect the government to solve your problems, you have a problem. The problem is that the governments of the world are broke. Rather than be the problem, become part of the solution: Become a true capitalist, focusing on giving more to receive more. The days of expecting to be paid more for doing less are over. Don’t get me wrong. There is nothing wrong with having socialist ideals. We need people who care about others. But when you believe in a “free lunch,� socialism turns to greed. And, as you know, the world is filled with greedy people, both socialists and capitalists. Your true unfair advantage is to become financially educated so that you can become part of the solution rather than contribute to the problem. Remember, a true capitalist focuses on doing more with less. That means better products at better prices. In a true environment of capitalism, prices come down as productivity goes up.

A Broken System In my opinion, one of the bigger problems we face is our educational system. It is a system that still promotes earning more money for less work. Most teachers focus on job security and tenure, instead of how to teach more students with less of an investment. Already, the best teachers are becoming rich because they are, first, better teachers and, second, using technology to teach more students. The Chinese have arrived in the global marketplace and they know they must produce a better product at a better price, or unemployment will skyrocket as it has in the West. If the Western countries are to survive, we must get back to true capitalist values, the philosophy of doing more for less. Unfortunately, the leaders in the West are primarily smart students who did well in school. The problem is that most smart students are trained in a socialist environment. Since most have limited financial or true business training, they leave school unprepared to lead in the real world. 264

Profile for Jamiel Cotman

Unfair advantage ebook  

by Rich Dad, Robert Kiyosaki

Unfair advantage ebook  

by Rich Dad, Robert Kiyosaki

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