The Robin Hood Cooperative uses algorithms to track how the wealthy are investing their money and then to let the general population invest money along a similar pattern. In other words, Robin Hood Coop steals information from the rich and aims to redistribute it to the poor. As an investment cooperative, it then allows people to invest any amount of money, no matter how small, in the same way that the wealthy do. According to their website, Robin Hood borrows the wealthy’s “most important means of production – their knowledge, their relations, their inside information, their position – and put[s] it to work for us.” Like Lucio Urtubia Jimenez, the Robin Hood Cooperative operates on anarchist principles and aims to dismantle pockets of wealth and give them to those in need.
Interestingly, at times the cooperative frames itself as a work of art. Yet it also has an equivocal relationship to that label. “From our perspective this is just pragmatics: we don’t give a shit if Robin Hood is art or politics or business, we are interested in what we can do with it, what are its effects, does it make our existential territory more habitable.”