"The Financial Activist Playbook" by Jasmine Rashid

Review by Borodutch

I'm not sure how to feel about this book. On one hand, it is thorough enough to be helpful. On the other hand, it is overly optimistic about the measures suggested. I'm doubtful that people can self-organize under an oppressive regime — whether a government or a company. There is an inherent survivorship bias in optimistic stances on financial activism — we know all too well the cases that worked yet have no analysis on what hasn't.

Jasmine suggests the following eight strategies to change the environment with financial activism:

  • Removing the taboo on talking about money.
  • Find a credit union that aligns with your vision and bank with it.
  • Boycotting harmful companies and supporting regenerative companies.
  • Share cash flow with the community — help when people need help without strings attached.
  • Help beyond cash with expertise sharing.
  • Control where the budget is spent, both organizational and personal.
  • Invest in the companies that do good, not just for financial gain.
  • Try joining coops and creating them: living coops, banking coops, organizational coops, etc.

The funniest part is that the book itself is not free. After I finished the book on Audible, it took me a bit to find the eight strategies outlined online. I think it should be free so that people it addresses have access to it. However, knowing how the industry works, I'm at least happy this isn't an Amazon exclusive, which means the public libraries can get the copy.