“We must bring money back down to earth” says Woody Tasch on his Slow Money website.
Woody continues saying:
BUT
The 21st Century will be the era of nurture capital, built around principles of carrying capacity, care of the commons, sense of place and non-violence
Paul Newman said “I just happen to think that in life we need to be a little like the farmer who puts back into the soil what he takes out.” Recognizing the wisdom of these words, let us begin rebuilding our economy from the ground up, asking:
* What would the world be like if we invested 50% of our assets within 50 miles of where we live?
* What if there were a new generation of companies that gave away 50% of their profits?
* What if there were 50% more organic matter in our soil 50 years from now?”
Woody Tasch is Chairman and President of the Slow Money Alliance.
“He pioneered the integration of asset management and philanthropic purpose in the 1990s as treasurer of the Jessie Smith Noyes Foundation and founding chairman of the Community Development Venture Capital Alliance. For ten years, through 2008, Tasch was chairman of Investors’ Circle, a network of angel investors, family offices, and social purpose funds and foundations that has invested $133 million in 200 early stage sustainability-promoting ventures and venture funds, since 1992. Woody is the author of Inquiries into the Nature of Slow Money: Investing as if Food, Farms, and Fertility Mattered (Chelsea Green).”
This book about a slow money alliance as a revolt against all the financial excesses in the US and elsewhere has been described as ‘having the potential to change things’.
You can view Woody Tasch on You Tube here.
WILL the world change I wonder. This movement and the Transition Town movement see to be indicating a willingness of some of us to change??
4 Comments
Its nice to see others finally doing sensible money investment and returns deployment catch up. Money should never be about short term fast buck making but about surrounding area progress developments to benefit our nation and all Australians.
It has always been the 40 year stated objective of the Stone Brothers Rural Inland Visitor Discovery Resorts, to attract city investors to own rural holiday cabins, and then to lease them back for overseas visitors and other Aussies to rent. 60% of the earnings income so earnt has always been prededicated to support businesses in the surrounding 150K region, 20% to be shared with staff,that will come from the same local region, and 20% to be shared between the rural land owner, providing the site, and with the developer, which is the Stone Brothers and their Associated Professionals Consulting Team. For all of our fellow visionaries, now reading about the sense of the “Slow Money Alliance” thanks to the vision and sharings by Gail in PWF, please see http://www.yestogether.com .
WE are currently pursuing the idea of establishing a National Regional Development “Positive Thinkers and Doers Think Tank. 1 + 1 makes 3, and 1+ 2 makes 5.
Please see
http://www.yestogether.com
Good luck with your rural inland villages Marc – it’s always been a great idea.
People might be interested in a regional Western Australian tourism initiative called Hidden Treasures: http://www.hiddentreasures.com.au/index.php The Chairperson of Hidden Treasures has initiated the development of a Tourism Handbook/Kit for rural Australia. This was launched locally about a month ago. If anyone would like more information on this, I can pass on her contact details. Emial me: limesprings@westnet.com.au I think it is fantastic and so innovative. Support for rural people on the by-ways of Australia is so important to sustainibility.