Kate Poole: Redistributing Wealth and Power [Ep. 43]

In this episode of Next Economy Now, Ryan Honeyman, a Partner at LIFT Economy, interviews Kate Poole.  Kate co-leads Regenerative Finance, a collective of young people with wealth working to shift control of capital to communities most affected by racial, economic and climate injustices. Kate is also a member-leader of Resource Generation, working to redistribute land, wealth and power.  Kate creates comics and zines about Buddhist economics, Jewish economics, racial justice and wealth redistribution, and the intersection of economic and spiritual practice.

In this interview we discuss:

  • Buddhist economics & right livelihood

  • The backstory to the Resource Generation collective

  • Applying values-based principles to investing through non-extractive finance, shared risk, & zero percent interest loans

  • Stewarding accumulated wealth and returning it to communities from which it was historically extracted

  • Karmically sound methods of accumulating capital

  • Emotional challenges that can come with inherited wealth that was derived from the trauma of others

  • The Buen Vivir Fund and other examples of inverting power relations, centering the work on acting from love, and being in authentic relationship with communities to build the self determination

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Ryan Honeyman is a Partner at LIFT Economy and author of The B Corp Handbook: How to Use Business as a Force for Good (Berrett-Koehler Publishers). LIFT Economy is an impact consulting firm whose mission is to create, model, and share a locally self-reliant economy that works for the benefit of all life. You can follow Ryan on Twitter @honeymanconsult or email him ryan@lifteconomy.com.