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I agree with your assessment of our education system. I would go further and say we intentionally do not teach money management skills as it makes people harde
by DamnYuppie 6y ago
I agree with your assessment of our education system. I would go further and say we intentionally do not teach money management skills as it makes people harder to fleece. We have indoctrinated a whole country that debt is good, rampant consumerism is good, all of which leads to really bad money management.
I am of the opinion that these habits and the ideology that supports it is the biggest reason people who are in the lower income brackets continually stay there. The best path to wealth is to convert your work into capital. If you spend everything you make and more there is no excess to re-invest.
- jmcqk6 6y ago>intentionally do not teach money management skills as it makes people harder to fleece. Yeah, this is a perfect example of "don't attribute to malice what is equally explainable by incompetence." I'm not talking about the incompetence of teachers. I'm talking about the incompetence of the system, and it's inflexibility towards change. This is not caused by malice. It's caused by is being completely unable to effectively handle the millions of different perspectives of "what education should be." You talk about indoctrination of a country, but I don't think it's indoctrination at all. It's people clinging to their views and being completely hostile to the idea that they might not understand important parts of the system. It's people turning to ideology instead of engaging with the actual complexity of the world.
- dane-pgp 6y ago> It's people turning to ideology instead of engaging with the actual complexity of the world. As predicted in 1970: 'the accelerated rate of technological and social change leaves people disconnected and suffering from "shattering stress and disorientation"—future shocked.' https://en.wikipedia.org/wiki/Future_Shock https://en.wikipedia.org/wiki/Future_Shock