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What Robert Kiyosaki says about Cheap Labor in “Cashflow Quadrant”

By Jackie Costello

As many of you know, I LOVE to read. My favorite place on a Saturday afternoon, is our local bookstore that sells everything for $1.50. Scratch that, it’s on the first Monday of every month when books are half off for members! If you want to check out some of my books that I am loving right now, join my Personal Growth Book Club https://www.facebook.com/groups/305875206615130/.

The piece I have for today is from Cashflow Quadrant by Robert Kiyosaki. I’m a huge fan and love his books. This is the third one I have read by him so far.

“In 1983, I was invited to give a talk to the MBA class at the University of Hawaii. I gave them my views on job security. They did not like what I said “In a few years, many of you will lose your jobs, or be forced to work for less and less money, with less and less security.”

Because my work caused me to travel the world, I witnessed firsthand the combined power of cheap labor and innovations from technology. I began to realize that a worker in Asia or Europe or Russia or South American was really competing with worker in America. I knew the idea of high pay and a safe, secure job for workers and middle managers was an idea whose time had past. Big companies would soon have to make cuts, both in the number of people and in the dollars they paid to workers, just to be able to compete globally.

I was never asked back to the University of Hawaii. A few years later, the word “downsizing” became standard practice. Every time a big company merged, and workers become redundant, downsizing occurred. Every time the owners wanted to make their shareholders happy, a downsizing occurred. With each downsizing, I saw the people at the top get richer and richer, and the people at the bottom pay the price. Every time I heard someone say, “I’m sending my child to a good school so he or she can get a good safe, secure job,” I cringed. Being prepared for a job is a good idea for the short term, but it is not enough for the long term. Slowly but surely, I was becoming a teacher.”

Robert’s point of this story is very different from mine. He is saying that there is no such thing as a “secure” job.

My point, is rather different. Although I agree with him. When we are looking for a job or work there is no such thing as security. It’s why I became an entrepreneur (and why I was reading this book!) But, I think another point that shouldn’t be overlooked is that fact that there are sweatshops in other countries. And when you travel you can easily see that people are not getting paid fairly for their work. Because big companies can pay their employees nothing, there is a ton of competition to decrease pricing of labor. And it’s sad that this is our reality of the world we live in.

My hope is that when you are shopping you realize that their are people behind your products. That you can vote with your dollar. There is not longer a reason to believe that this isn’t happening to our brothers and sisters around the world. It is happening. But how can we prevent it? How can we assist them when they live in other countries? Your purchase makes an impact. Every. Single. Time.

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