Genius III - An Interview with Michael Spence

Michael Spence has an eye-opening theory on money and work. Like many people he sees that the money made by a business is forwarded straight to the owners of the organization. The people who work hard to make the products and provide services are merely just paid for their time. Industries have merely shifted away from true slavery to more of a paid slavery. We don't have control of our lives; we are told when we must work, eat, and go home; and we are told to do tasks at risk of punishment if not completed. Under this system we invest our time for a payment that never seems to be enough. If you truly wish to work hard and become rich, then a career working for someone else's organization will leave you greatly dissatisfied. Spend your time searching for worthwhile investments that provide you with steady income as an asset. Have your money work for you, otherwise you will spend your life slaving away for money. You can read more deeply about these types of ideas in Rich Dad, Poor Dad by Robert T. Kiyosaki.