Last night I was invited to speak at a Reality Sandwich event at Powell's books. I evidently spoke well enough that people actually wanted me to sign copies of the RS anthology about 2012, even though I had not written an essay for the book. One of the subjects I mentioned was economic activism and a book I recommended for people to read. Here's a book review of said book:
Book Review: Investing for Change by August Landier and Vinay B. Nair
This is a really intriguing book which looks at how investors can use their values to shape not only their stock portfolios, but the companys they invest in as well as explaining how this is a form of social activism. I found this book to be useful in terms of considering how I want to plan my investments to reflect my values as well as helping me be an agent of social change. This book shows that people who are middle class can be socially aware and use their financial influence to be a positive force for change. Different criterias of investing for change are included which examine the motivations of people for doing certain types of investments. Definitely worth reading if you want to use your finances to make a statement about your values.
5 out of 5 investors
I see economic avticism as a from of social responsibility, the responsibility we need to feel to ourselves, each other, and this planet. As I've observed before, there is often a dysfunctional relationship with wealth/money in the counter culture movements and a lot of that is because of a tendency to demonize money as evil, without really recognizing the inherent problem with that perspective, which I'll simply say is an evasion of responsibility for our choices. While I don't economic activism alone is the answer, I do think it's a vital component and tool for us to use if we want to manifest positive change in the world. We will never escape from economics, so we need to start using money, etc., as a tool for change, if we want that change to occur.
I'll be writing more extensively on this subject and how it relates to wealth magic as well, in the future.