Yes, in an argument against individual action. But he supports collective voting with wallet
If one person in private went "oh I don't like this I'll vote with my wallet" they absolutely lose. If everyone gathers together as a community organized world wide (by discussing actions to take, their thoughts on social media and locally, exactly what's happening here), he argues in favor of it. The problem is the rugged individualism vs collective action.
Yes. If we only vote with our wallet we also lose, but I tend to find those fighting for broader social and political change are also the ones generally discussing how to vote with their wallet these days.