125. Are there any prisons in your 401K?

Progressive Pockets: a podcast about the untapped power of our wallets to build the world we want

Many Americans are unaware that their retirement savings may be profiting off mass incarceration. In this eye-opening episode, we explore how major corporations and Wall Street firms are making billions by operating prisons and exploiting incarcerated workers.

You’ll learn how to use the free Prison Free Funds tool to easily check if your 401(k), IRA or other investment funds are invested in private prisons and related companies.

Most importantly, you’ll hear actionable steps you can take to divest your retirement savings from this industry. Whether it's contacting your employer about alternative fund options or choosing socially responsible funds, you'll walk away empowered to align your investments with your values.

Our money has power. By keeping it out of the prison-industrial complex, we can be part of the solution to end mass incarceration and build a more just society.

Tune in to learn how to take control of your financial future while making a positive impact with your investments.

Links from today’s episode:

American Slavery, Reinvented. The Atlantic. September 2015.

https://www.theatlantic.com/business/archive/2015/09/prison-labor-in-america/406177/

Prison Free Funds

https://prisonfreefunds.org/

ICYMI another episode you might enjoy:

Episode 82 Divesting from Prisons

https://pod.link/1577031108/episode/04a729da60dd2f1eb0b27eaf1ac8853b

(recorded before the 2024 rebranding of this show)

Connect With Genet “GG” Gimja:

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