Finnish philosopher Tere Vadén writes about his organisation, Robin Hood Coop, in the next post in the Not Evenly Distributed blog series.
Financial markets might seem to be at the very core of inequality. Based on a hacking model, Robin Hood Coop uses cutting-edge technology to intercept the routes of Wall Street’s best traders – and then re-distributes the profits.
Robin Hood is an asset management cooperative, based in Finland and in Silicon Valley. It is communally-owned, with membership open to all: 30 euros buys full shareholder rights. In line with the name, our model is to intercept the trading routes of the major players in financial markets, and redistribute those gains in more imaginative and equitable ways.