“I’ve been fighting communism by teaching capitalism,” says Robert Kiyosaki, holding up a copy of Karl Marx’s “Communist Manifesto” and a copy of his book “The Capitalist Manifesto.”

Robert Kiyosaki became famous as the author of “Rich Dad Poor Dad,” a book that has sold 48 million copies worldwide since its 1997 publication.

Kiyosaki maintains that in today’s America, plagued by high inflation and a crumbling dollar, rich dads are getting ever richer while poor dads are getting poorer:

“Food gets up in price, but the poor and middle class have to pay for it. So my apartment houses go up, but the poor middle class go homeless. And that’s the seed of communism, that’s the seed of revolt,” he says.

In this episode, we dive into what he sees as the roots of America’s economic woes and what young people can do in today’s economy to build wealth and prosperity.

Views expressed in this video are opinions of the host and the guest, and do not necessarily reflect the views of The Epoch Times.