4.6 • 1.3K Ratings
🗓️ 25 May 2022
⏱️ 12 minutes
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0:00.0 | When you can't quite get the angle, take hands-free selfies with the Samsung Galaxy Z Flip 5, |
0:05.2 | stand it up, step back, and your photos are also synced to your Chromebook, ready to edit. |
0:10.8 | The new Samsung Galaxy Z Flip 5 and Chromebook, available on Vodafone. |
0:18.7 | It's Rico Daley. I'm Adam Clark-Estis. |
0:22.4 | Social and economic justice activism has been a big deal for millennials, especially in the |
0:28.0 | past decade, from Occupy Wall Street to Black Lives Matter to, well, all things Bernie Sanders. |
0:41.7 | It is about making a political revolution. |
0:47.1 | And the messages of these movements have had a particular impact on the children of the super |
0:52.1 | rich. Now that this generation is at an age where they're inheriting or accumulating large amounts |
0:57.2 | of wealth, some of them are looking for ways to invest in change. Rico's senior reporter |
1:02.8 | Wizzy Kim has been following a burgeoning movement dubbed anti-capitalist investing, |
1:08.1 | and she joins us now to tell us more. Hey, Wizzy. |
1:11.7 | Hey, Adam. Let's start with the most obvious question here. I mean, anti-capitalist investing |
1:18.6 | that sounds like an inherent contradiction. What does it mean? |
1:22.7 | So, anti-capitalist investing is, I would say, a very new emerging trend in investing that says, |
1:31.0 | we should not make so many investments into companies that are publicly traded on Wall Street, |
1:37.1 | and instead make these hyper-local community-controlled investments into businesses like |
1:45.6 | worker co-ops, where the ownership structure is more democratic. It's mostly wealthy people |
1:53.2 | who started off in social justice activism. And the eventual goal is to change who controls |
2:02.3 | capital in our society. Because right now, the vast majority of it is held. I mean, just a few |
2:08.1 | people, right? And that's kind of what makes it anti-capitalist. You're trying to share the wealth, |
2:13.9 | share the capital, so that ordinary people, working class people, have a say in how the economy |
... |
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