How to invest in the solidarity economy

It is high-time for individuals — particularly those in “the 20%” (top quintile by either income or assets) who self-identify as “progressive” — to put their money where there mouth is.

That vast majority of Americans with financial assets choose to invest in the stock and bond markets, either directly or indirectly via pooled investment vehicles like mutual funds and ETFs.

It’s something you probably don’t think much of. You’ve an emergency fund in a deposit account with a major bank, and the extra goes into a brokerage account. You may even think to yourself, “what’s the harm?”

The bad news is that every dollar you invest in the status quo stock and bond markets, supports an oppressive global system that structurally marginalises and exploits people, against whom you have no ill will...

The good news is that it doesn’t need to be this way. The good news is that you — yes you, not “the powers that be” or some mythical other — can choose a more ethical path forward. You can choose solidarity over oppression. And I’m going to teach you how.

Read the rest at Medium

 

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