The 2021 subreddit-coordinated effort to raise the price of Gamestop stock was, in some ways, a proof of concept: the little guy can get into the market and make some noise. Because even though that “meme stock” rose and fell, the idea of the meme stock went has changed the way our stock market works.

Guest: Alex Kirshner, contributing writer for Slate.

Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.

Learn more about your ad choices. Visit megaphone.fm/adchoices