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Originally Posted by Baraka_Guru
Pretty good in principle, but its limitation is that it is only particularly useful to entrepreneurs specifically. At least the prior title can work in principle for anyone with an income.
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I think the key theme in "Rich Dad, Poor Dad" as it applies to a broader economic context is the focus on ownership or the value in focusing on the creation of real net worth (wealth). I think these lessons apply on a micro and on a macro basis. I find it ironic that our national economic policy is now more focused on spending and income generation as opposed to savings and the creation of real wealth. As some discuss the demise of capitalism in other threads, what actually made the US economy, or even the Canadian economy grow and provide better and better standards of living was savings and the creation of real wealth as opposed to what we are seeing now which is like an economic shell game, and it is this shell game that will lead to the demise our economy unless we change our focus.
{added} Also the book, perhaps unintended, is making a strong commentary on the failings of our education system.