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Strategically, it is important for us to make a distinction betw…

Posted on August 12, 2016 by Shahid Bolsen

Strategically, it is important for us to make a distinction between the owners of wealth and the controllers of wealth. This may sound odd, but the reality is that the global owners of capital do not generally control their own money; they delegate this responsibility to investment fund managers. Major investment firms like Vanguard and others I have mentioned in the past, control the wealth of their clients; moving their money from one place to another, buying shares of this company or that, and thereby increasing or decreasing the values of those companies, and the decisions and behavior of those companies will be influenced by what increases or decreases their value.

Therefore, if we take a systematic approach to disruption, we can target a specific company, for example, and begin with a message of warning to its major shareholding investment firm, “We advise you to divest your holdings in this company, as it is now a target for revolutionary action. Its operations are going to be disabled, its profitability is going to be disrupted and financial loss is going to be inflicted continuously unless and until they either withdraws from Egypt or, as we prefer, they utilize their economic power and influence in support of the will and aspirations of the Egyptian people.”

Such a warning could, in and of itself, prompt the investment firm to either sell shares in that company, or at least avoid adding it to any new investor portfolios. It could also potentially cause the firm to caution the company with regard to its position in Egypt. If the initial message to the investment firm is subsequently followed up with real disruptive activities against the company, obviously, the impact would be far greater.

Of course, more drastic methods of persuasion against investment fund managers are conceivable. Establish control over the controllers of the wealth of the 1%, and you will be in a position to achieve significant progress, inshaAllah.

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