Dave Ramsey isn't exactly known for mincing words, and his latest podcast episode was no exception. "I am a capitalist pig. I love capitalism," he announced proudly on a recent installment of his "EntreLeadership" podcast.

The personal finance expert then spent the better part of the episode defending free markets and taking direct aim at what he sees as misguided economic thinking spreading among younger generations, particularly on social media platforms and college campuses.

A Full-Throated Defense of Free Enterprise

"Capitalism and the free enterprise system is the best system on planet Earth," Ramsey declared. His critique of alternative systems was equally blunt: "Socialism sucks because eventually you run out of taking other people's money away from them to give it to people who don't do stuff."

He continued his economic commentary with an equally harsh assessment of communism: "Communism sucks because it puts four people in the whole country rich and everybody else poor and it doesn't work."

At 65, Ramsey acknowledged he's often criticized for being a self-proclaimed boomer, but he's clearly unbothered by that label. What does bother him? The anti-capitalism sentiment he encounters online.

"At this time in human history," he said, "It amazes me the few times that I turn on social media and look, that some of these little turds on TikTok are out there saying, 'America is dead. Capitalism is awful. We need a universal wage.'"

Technology Has Leveled the Playing Field

To illustrate his point about opportunity, Ramsey walked through how dramatically things have changed since he started his business. Back in the day, creating educational content meant dealing with VHS tapes and expensive production facilities.

"We were putting our lessons on these things called VHS tapes," he recalled. "I had to pay someone tens of thousands of dollars to go into a studio... It costs so stinking much money to produce a four-hour lesson."

Fast forward to today, and the cost structure has been completely upended. "The camera is 2,500 bucks. The studio is anywhere I want it to be. The editing is done by the time we finish shooting... We pop it on an email and it's in your inbox a day and a half after we shot it."

This technological revolution, in Ramsey's view, means the barrier to entry for entrepreneurs has essentially evaporated. He called today "the best time in the history of man to start and run a business," and didn't hold back in his assessment of those who can't make it work in this environment.

"If you can't start and run a business and make a profit now, there is no time in human history, no system in human history that you would have been successful," he said.

Time to Get Off Your Assets

Ramsey wrapped up the episode with what he does best: motivational tough love delivered with zero sugar coating.

"The last thing you need to do is be dancing around some bush whining about capitalism right now," he said. "What you need to do is get off your assets and go to work."

His message to aspiring entrepreneurs was clear: stop blaming external factors and start creating something of value. "You need to get up, leave the cave, and digitally make something happen instantaneously and deliver a product to someone that helps them and serves them and solves a problem for them."

Ramsey pointed to his own journey as evidence that the system works. He started his company from a card table and built it into a $300 million revenue operation. Now, he said, the next generation of leaders at his company should be targeting $3 billion.

His final thought? A sports metaphor that neatly summed up his entire philosophy: "100% of the people that don't take the shot don't score... If you're sitting on your mama's couch in your mama's basement whining about capitalism, you ain't scoring on nothing."