Slow Money

Spending money in ways that support a liveable future is the best investment. Good article on Slow Money. snips:

with slow money he expands the definition of investment to include not just formal stock purchase or loans but also more broadly supporting local enterprises, for example subscribing to a CSA.

"If you take a CSA, you could call them self-organizing micro-finance: hundreds of people get together and provide a form of financing directly to a farmer," he said.

"People joining CSAs and shopping at farmers markets is the beginning of this sea change. People think of those as consumer rather than investment dollars, but they are a kind of investment."

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Rather than using a venture capital model they are seeking to mobilize hundreds of thousands of members contributing millions of dollars per year which will then be used to seed the nurture capital industry. Founding members -- 150 of them -- contributed at least $1,000 each. And the overarching goal, Tasch said, is connecting investors with food systems in their own regions.

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