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Slow Movement News

Turkish fast food: Real food fast

The definition of ‘fast food’ according to the Wikipedia is food cooked in build and in advance, kept warm or re-heated to order....

Slow Fish a great success

Slow Food in collaboration with the region of Liguria, has just finished celebr4ating the event Slow Fish 2007. It was a great success with 42,000 visitors, a much higher number than expected. ...

National Sea Change Task Force urges more flood studies

ABC Wed Jul 11 07 The Mayor of Maroochy Shire on Queensland's Sunshine Coast, Joe Natoli, says it could be another 12 months before the CSIRO is able to undertake a flood modelling study in the Sunshine Coast region because the research body is under-funded. ...

Treechangers change country culture

An influx of treechangers into a rural community can keep population levels steady but it can change the needs and expectations within the community. ...

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Slow Money

According to Wikipedia slow money is:

a movement to organise investors and donors to steer new sources of capital to small food enterprises, organic farms, and local food systems.

Those to follow this definition of slow money say it was started by Woody Tasch, a former chairman of Investors Circle, who had the idea to initiate the Slow Money movement while writing his book Inquiries into the Nature of slow Money: investing as if food farms and fertility mattered. He says that investors no longer know where their money goes. He has coined the phrase nurture capital, a healthier and more sustainable alternative to venture capital for funding new businesses. His aim is to shorten the distance between investors and their investments.

To others, myself included, Slow Money refers not just to investment capital use but to the economic sustainability and resilience of a community, town, or geographic area. Another term relevant here is local sustainability or local economic sustainability. Outside of investments, Slow money actions include shopping locally, selling locally, working locally and of course growing as much of our own food as is practicable. If we support our local community and take all efforts to keep our money within the local community we will be an effective contributor to, and participant in, the slow money movement.

Think of this: we spend $10 in our local coop to purchase fruit and vegies grown locally. A high percentage of that $10 stays in the community, especially when others in our community have the same attitude and values. Of course, it will leak out with electricity, fuel and other bills, but on the whole it stays and circulates within our community. In other words it is slow to leak out of our community. Hence the expression Slow Money. The slower the money the more sustainable the community and all that it does.

The Slow Money movement initiated by Woody Tasch has become a formal structured organization, much like the formal Slow Food movement. There are local and regional chapters of Slow Money and people sign the Slow Money Principles. Structure may be needed when dealing with nurture capital and investments, but for most of us we can achieve far more within an informal framework or movement.

The informal Slow Money movement that aims for local economic sustainability and resilience has millions of follows and is creating real change and fostering a new economy.