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Economist: 401K Meet Local Co-op

Season 6 | 11m 24s

Economist Jane D' Arista says retirement funds can be invested locally, avoiding Wall St altogether. "Can we trust these guys? there's no control over retirement," she tells Host David Brancaccio. D'Arista sees co-ops as a model whereby retirement funds bypass large banks and instead are pooled together to finance local businesses. Watch her insightful interview.

Extras
Economist David Korten says power is moving from Wall St. to Main St, which is ok by him.
A bank cultivates prosperity by lending locally and giving profits back.
A community in Washington state pulls together to grow local jobs, using local resources.
Worker-owned cooperatives - with lofty goals - are on the rise and scaling up.
In time banking people swap services in a cashless system - which lowers taxes as well.
Four women start a catering co-op; part of a national movement to and train co-op groups.
US Editor of The Economist says fix captialism by ending obesession with stock values.
A man creates a stunning tiny office that improves his work life and his bottom line.
Where are the jobs of the future going to come from? Watch this animation to find out.
Do we need to rethink how we measure well-being? Find out why it may be a good idea.