meta_pixel
Tapesearch Logo
Log in
Upstream

[TEASER] Will the Revolution Be Funded? w/ Nairuti Shastry and Zac Chapman

Upstream

Upstream

Politics, Society & Culture, News

4.9 • 1.8K Ratings

🗓️ 1 October 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

This is a free preview of the episode "Will the Revolution Be Funded? w/ Nairuti Shastry and Zac Chapman." You can listen to the full episode by subscribing to our Patreon here: https://www.patreon.com/upstreampodcast

As a Patreon subscriber you will get access to at least one bonus episode a month (usually two or three), our entire back catalog of Patreon episodes, early access to certain episodes, and other benefits like stickers and bumper stickers—depending on which tier you subscribe to. You’ll also be helping to keep Upstream sustainable and allowing us to keep this project going. Find out more at Patreon.com/upstreampodcast or at upstreampodcast.org/support. Thank you.

How do we resource the necessary work to dismantle capitalism and transition to a more democratic, just and regenerative economy—especially when capital will fight and/or co-opt any attempt to disrupt the status quo that they benefit from and when capital owns and controls most foundations and granting institutions? 

This is the important and highly relevant question we will tackle today with our two guests Nairuti Shastry and Zac Chapman. Nairuti is a racial and economic justice researcher-practitioner and the Founder and Principal of Nuance, a social impact consulting firm, as well as a senior researcher at Beloved Economies.  Zac is the Resource Mobilization Director at the New Economy Coalition, a steering committee member of Massachusetts Solidarity Economy Network, and board member of LittleSis. Together they recently wrote an article titled, “Will the Revolution be Funded?” published by The Forge. 

In this conversation we explain why it is so hard to find funding to do anti-capitalist movement work and how we can find aligned funding both within and outside of mainstream philanthropy. We learn about ways that activists and organizations are working to fight against and transform the nonprofit industrial complex and the existing philanthropic culture and institutions. And finally, we ask what it truly means to resource the revolution and support ourselves beyond financial capital. 

Further resources:

Related episodes:

Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Subscribe to our Patreon at patreon.com/upstreampodcast or please consider chipping in a one-time or recurring donation at www.upstreampodcast.org/support

If your organization wants to sponsor one of our upcoming documentaries, we have a number of sponsorship packages available. Find out more at  upstreampodcast.org/sponsorship

For more from Upstream, visit www.upstreampodcast.org and follow us on Twitter, Instagram, Facebook, and Bluesky.

You can also subscribe to us on Apple Podcasts, Spotify, or wherever you listen to your favorite podcasts.

Transcript

Click on a timestamp to play from that location

0:00.0

A quick note before we jump into this Patreon episode.

0:03.4

Thank you to all of our Patreon subscribers for making upstream possible.

0:07.8

We genuinely could not do this without you.

0:10.8

Your support allows us to create bonus content like this and to provide most of our content for free

0:16.7

so that we can continue to offer political education media to the public and build our movement.

0:22.4

Thank you comrades. Hope you enjoy this conference. to the public and build our movement.

0:22.5

Thank you comrades.

0:24.0

Hope you enjoy this conversation. Oh, oh, oh, oh,

0:35.0

Oh, oh, I mean. The way philanthropic institutions operate is that they are only mandated by the federal government to pay out

0:56.9

5% of their endowment every single year. So what does that mean? Right? If you're only paying out 5%, you have to be doing something else with that other 95% of the endowment, which I'm not the greatest at math, but that is bigger than 5%. So all of that other money is being

1:16.8

invested in the stock market on Wall Street in the very same industries that are causing all of these kind of symptoms of

1:26.2

capitalism including climate catastrophe including racial injustice

1:30.8

increasing gun violence,

1:33.0

increased militarism, right?

1:35.2

They are investing in those same industries

1:37.7

with the right hand, let's say,

1:39.7

and then using the left hand to provide grant making to address that very same crisis.

1:46.0

You are listening to upstream.

1:48.0

Upstream. Upstream. Upstream.

1:51.0

A podcast of documentaries and conversations that invites you to unlearn everything

1:56.1

you thought you knew about economics.

1:58.9

I'm Robert Raymond.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Upstream, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Upstream and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.