Wednesday, July 8, 2009

Slow Money

Creating an economy of 'venture' capital at a slower pace, for an agricultural capital investment. I'll be reading more about his for sure. Thought I'd share what I found so far.

The Slow Money Alliance is trying to create a framework that allows people from all over the country to invest directly in their local agricultural economy. Most of the founders/talking points are coming from California right now, but that makes sense given California's 1) massive agricultural economy, and 2) leading thinkers on locavore/local agricultural economy.

Their principles start out like this:
The Slow Money Principles

In order to preserve and restore local food systems and local economies; in order to reconnect food producers and consumers and reconnect investors to that in which they are investing and to the places in which they live; in order to promote the transition from an economy based on extraction and consumption to an economy based on preservation and restoration; we do hereby affirm the following Principles.

I. We must bring money back down to earth.

II. We must bring our money home. We must put money back into local economies and carbon back into the soil.

III. We must invest as if food, farms and fertility mattered.

And here's a video they've put on their site to give you an introduction to the Slow Money idea.

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