Is The Monopoly Game Teaching You To Go Broke?
by: KalindaRoseStevenson,PhD |
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Monopoly is a zero sum game based on competition, based on a limited money supply. Since the money supply cannot increase, the players can win only by taking money from other players.
This fundamental reality of Monopoly is that one player wins while the others lose. This reflects the experience of the Great Depression. Thousands stood in breadlines while a few people became very rich.
Monopoly does not allow players to help each other. The rules forbid partnerships and loans between players.
As a result, Monopoly teaches you that you are on your own. Your goal is to force other players to go bankrupt. As a player, you learn that helping someone else might cause you to lose the game.
This game teaches that fierce competition is the only way to create wealth. This is the way the world is. You will succeed only at the expense of others.
This idea is deeply embedded in our consciousness about what it takes to make money and what it takes to succeed in business. Monopoly simply reinforces the fundamental belief that the road to success is paved with the bodies of your competitors.
What kind of success model is this game based on competition for a limited money supply? You don't have to look any further than the statistic that 96% of the population will reach 65 without enough money to be financially self-sufficient. Instead of congratulating the 4% who somehow manage to create financial freedom for themselves in this economic system, you need to ask: Why do so many lose the money game?
The short answer is that many have to lose in order for a few to create wealth. The economic model of competition for limited resources demands that almost everyone must end the game broke for a few to become rich.
What is the result of following the Monopoly model to create wealth? You might be one of the few who wins. If you do, it will be a lonely struggle in a highly competitive game. It's more likely that you will be one of the losers who could not make enough money to succeed.
Monopoly reflects the mindset and money beliefs of the Great Depression. In the Monopoly game, the winner acquires more money by taking it away from the other players, but the winner does nothing to create more money through transactions.
It's time for a new game with a new understanding of money. The fact is, you'll make more money in transactions than you will in takeovers. It's true that the business world is still full of people who treat business as a zero sum game. But the Great Depression ended more than sixty years ago. Mr. Monopoly had it wrong when he thought that winning meant driving competitors out of business.
When you take off the Depression era Mr. Monopoly glasses, you can see a new vision of money and business. Money is not currency. Money is an idea, and the only limits to money are the limits of your vision. With this vision, you'll see that you will make more money in transactions than takeovers. In this era, the most enlightened business people understand that you will make more money in joint ventures with others than you will by competing against them.
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About the Author
Kalinda Rose Stevenson, PhD. Want to learn what successful investors know about money? You will know when you read a real estate investing book about the world's most popular board game, Monopoly. www.NoMoneyLimits.com.
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