Concerns About America’s Shift from Capitalism
Renowned financial author Robert Kiyosaki, famous for his influential book “Rich Dad Poor Dad,” has expressed deep concerns about America’s gradual departure from capitalism. He suggests that this trend poses a significant threat to both freedom and prosperity. Kiyosaki advocates for the protection of personal wealth through investments in alternative assets such as bitcoin, gold, and silver, especially as the nation grapples with increasing ideological and economic challenges.
Advocating for Financial Knowledge
In a recent post on social media platform X, Kiyosaki urged his followers to arm themselves with genuine financial knowledge and to consider diversifying their assets with what he refers to as “real money”—gold and silver, alongside cryptocurrency options like bitcoin and ethereum, which he calls “the People’s money.”
Political Critique and Ideological Concerns
His warnings come in light of the recent election of Zohran Mamdani as mayor of New York City, an event Kiyosaki perceives as a pivotal moment steering the city towards a more leftist political framework. He openly criticized the new mayor’s policies, which he claims could lead to extended rent control measures, labeling such strategies as inherently Marxist.
Kiyosaki quoted Marx to illustrate his point, asserting that the underpinning goal of communism is to abolish private property. Moreover, he referenced Klaus Schwab of the World Economic Forum, cautioning that a future lies ahead where individuals may own nothing and be content.
Loss of Rights and Financial Education
Kiyosaki lamented the potential loss of fundamental rights such as private ownership and the principles of capitalism in America. He expressed his apprehension, stating:
“Sadly, America is losing its freedom, democracy, capitalism… and becoming a Marxist, communist country, particularly when Marxist ideologies infiltrate higher education.”
The prolific author has continuously linked the diminishing public understanding of financial matters with ideological indoctrination in schools. He asserts that inadequate financial education limits individuals’ capacity for economic independence.
Concerns for Employment and Community Support
Additionally, Kiyosaki voiced his worries for many Americans facing unemployment, noting a report forecasting that 153,000 individuals could lose their jobs soon. He emphasized the emotional toll of job loss and called on his audience to extend support and compassion to those who may be affected, reinforcing that acts of kindness can significantly impact lives during challenging times.
