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Jan 13, 2010

"We live in a world of ever-depleting resources. Money is no longer the currency. Air, water and soil are the currencies for the future." --Woody Tasch

Slow Money: Bringing Money Down To Earth

Woody Tasch has thought a lot about money: what it does, how it moves, and how to connect people who have it with people who need it. He even helped found a field of investing with the rather surprising name "community development venture capital." But he found that even socially responsible investing couldn't do much to fix an economy that focused too much on extraction and consumption and too little on preservation and restoration. In 2008, Tasch wrote Inquiries into the Nature of Slow Money: Investing as if Food, Farms, and Fertility Mattered. Soon after, he founded the Slow Money Alliance, an NGO devoted to the principles of slowing money down, reconnecting it to the Earth, and respecting carrying capacity, the commons, sense of place, and nonviolence. Tasch calls it the transition from "Making A Killing" to "Making a Living."

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