What does financial activism mean and can it drive positive social and environmental change? RSF’s Integrated Capital Institute marketing manager, Enrique Perez, investigates in this interview with faculty members Akaya Windwood, Joel Solomon, and Marian Moore.
“The systems that have created wealth are inherently linked to the systems that have also created social and environmental problems. This is part of why the Integrated Capital Institute was created. We need to find ways to direct money to the common good, not for the expansion of individual wealth.
“The financial system that we have is an outgrowth of colonialism that was designed to be highly extractive and to concentrate wealth in fewer and fewer people’s hands. The changes we seek are going to disrupt this system and turn it on its head. Social change activists have tended to look at wealth as a big evil. However, with financial activism, we’re starting to look at money differently. You can build businesses that treat people fairly, take responsibility for their externalities, and care about their communities. There are so many ways that the use of money can be reformed and directed for the better. That’s what we’re doing with the Institute – supporting people to be empowered to use the tools of finance to direct wealth in different ways.
“Urgency is upon us more than we want to realize. We all need to focus ourselves on whatever resources we can influence and whatever people with resources we can influence. There is plenty of money to solve the world’s most pressing problems, but our mindset and systemic barriers are holding us back. We can demand better and we have to do so.” ~ Joel Solomon
Read the full interview….