Growing Support For Socialism?

Dear Reader,

As a Vietnam Veteran, I fought to uphold the ideals of freedom, including Capitalism. 

I’ve also spent most of my adult life educating people on how to become financially free, which I believe is the basis for almost all other freedoms. I believe freedom is definitely something to celebrate—and to fight for.

For much of its history, America is a country that has valued free markets, allowed people to pursue their interests, and created opportunity for anyone, without too much government intervention.

Today, I believe our freedom is under attack.

In times of distress, people give up their freedoms in exchange for what they think is security. It’s telling that many despots and dictators throughout history have come to power in times of economic crisis.

Ironically, many people don’t understand that freedom often means less security. 

We were a country founded on the ideal of freedom, but now security is far more important than freedom. 

Security and freedom are not the same ideals. People who seek security are very, very different from those who seek freedom. It means having the ability to take risks and the understanding that our decisions have consequences that we must face—and rewards that we can enjoy.

Unfortunately, few Americans know the difference between the words “nationalize” and “socialize.” Socialize means we turn more of our personal powers over to Big Brother, not free enterprise. It means we as a people grow weaker and need a higher power—the same power that got us into this mess—to protect us.

This is where becoming a sovereign man becomes so important, and to be a sovereign man, you must take back your freedom, make more money, keep more of it, and in that, you find true success and freedom.

I don’t know where the world will be in ten years. My hunch is that we’ll be worse off, not better. 

If our leaders continue to ignore the problems in the world instead of fixing them, many people will be poorer and less free—and a few will be richer and have more control.

Enemies Of Freedom

Some enemies of freedom are high taxes, inflation, and bad debt. 

All of these things are big problems in the US and around the world. Because of our bad debts, most governments are faced with the choice of raising taxes or printing more money, both of which hurt the middle-class and the poor.

And as more people lose their jobs and livelihoods, the more likely it is that the philosophies of communism, socialism, and fascism will fester within America. And capitalists will become the new enemy. This has already been on display in the U.S. elections, where there is growing support for socialism in America. 

Where does this attitude come from? Probably from a lot of places, including our classrooms.

Many people go to school, receive a great education, get a job, and then expect either the company they work for or the government to take care of them for life.

If people had a real financial education, they would know that the rich, by and large, pay little if anything in taxes. So, who will pay for the world of free stuff? We will pay for free with our freedom. That is the socialist-communist-fascist agenda. 

As our financial problems grow, many people will be content to give governments more power and control—and more money from their paychecks. Others will not be content, try to fight, but have very little ability to change things and still end up paying higher taxes and suffering from the effects of inflation because they’ll lack the financial knowledge to fight them effectively.

Financial Freedom Is Key

The reality is that financial freedom is not about how much money you have. Rather, it’s about a change in your mindset.

Kim and I founded the Rich Dad Company because we believe in freedom and fighting for it. It is our belief that knowledge is the ultimate weapon in the battle for freedom—and financial knowledge, the knowledge most lacking around the world, is the most important part of the arsenal.

You can make the choice to be informed and to move ahead. Although the conspiracy of the rich seeks to keep financial knowledge limited in order to consolidate money and power into their hands, the reality is that you can play by the rules of the rich and enjoy the freedoms that they enjoy.

I encourage you to ask, “What is Freedom for me?” Is it more time with your family? Is it the ability to travel around the world? Is it building a great business and helping others financially?

Freedom is different for everyone, but I’ve learned that one of the keys to achieving our definition of freedom is to be financially free. I encourage you to increase your financial education and knowledge, to learn to play by the rules of the rich.

For decades, I’ve tried to be part of the solution. I’ve built successful businesses, and I’ve used the rules of the money to make a lot of money—and provide a good living for many people.

What America needs more now than ever is entrepreneurs and investors with a high financial IQ, who have the financial education to understand money and how it works. My plea to you is to build your financial education. Start great companies. Make great investments. Be part of changing the culture by becoming a true capitalist today. You’ll be better off for it—and so will America.

For many with a low financial IQ, times ahead will be tough as taxes, inflation, and debt steals their freedoms away by taking away time from their family, diminishing quality of life, and making life more expensive. 

As freedom diminishes for many, it will be those with a high financial IQ and who understand how to use things like taxes, inflation, and debt to get richer that will become more free. 


Robert Kiyosaki

Robert Kiyosaki
Editor, Rich Dad Poor Dad Daily

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Robert Kiyosaki

Robert Kiyosaki, author of bestseller Rich Dad Poor Dad as well as 25 others financial guide books, has spent his career working as a financial educator, entrepreneur, successful investor, real estate mogul, and motivational speaker, all while running the Rich Dad Company.

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