Ferromagnetism has nothing to do with currents, it is due to aligned spins of partially filled shells. Below a certain temperature (Curie temperature of the material), exchange interaction (which penalizes any misalignment, in the case of ferromagnetic exchange interaction) between electrons leads to this alignment.
Spin is a type of intrinsic angular momentum that is not associated with any spatial motion.
The Feynman lecture you linked to is an explanation why currents fail to explain ferromagnetism. You need to read the next chapter, but being a lecture for undergrads, it doesn't go deep into the subject anyway. If you're really interested, any modern book on magnetism would be much helpful.
Spin is a type of intrinsic angular momentum that is not associated with any spatial motion.
The Feynman lecture you linked to is an explanation why currents fail to explain ferromagnetism. You need to read the next chapter, but being a lecture for undergrads, it doesn't go deep into the subject anyway. If you're really interested, any modern book on magnetism would be much helpful.