I've often wondered why financial education
isn't taught in school just like math, English and science. In truth, I think
it needs to be a core subject. It's certainly a skill that we'll all utilize
throughout our lives, and without it we tend to suffer.
Perhaps that's the reason. If you subscribe to
some of the theories out there, the modern education system was designed and
funded by the elite over a century ago. At that time the globe was full into
the industrial revolution, and there was a high demand for factory workers.
Why not create an "education system"
that churns out obedient, well trained workers to man the factories. They'd be
used to reporting in at a certain time, asking to use the washrooms, eating and
taking breaks when the establishment permits.
Whether you buy into that theory completely or
not, I believe there's certainly some truth there. When you follow the money
through the system across the globe, it tends to all point back to the same
handful of organizations owned by the same handful of wealthy families.
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