Slowing down your money to the pace of the Earth’s rotation
January 19, 2011
The slow movement has its roots in the Slow Food movement. Born on the Spanish Steps of Rome, the Slow Food movement started out as one man’s reaction to a global fast food chain that wanted to open its doors near the famous Roman landmark. Carlo Petrini despised the notion of junk food being sold anywhere near his beloved Spanish Steps. Thanks to him, the concept of slow seeped its way into our global consciousness.
Tying food production back to local farming is a smart, and sustainable, thing to do. In an age of dioxin scandals and mass animal slaughtering, we have clinicalized the very thing that keeps us alive: food. We treat food as a cog in the massive economic system. It has to play a role like water and oil or any other natural resource you can think of. Produce massive amounts at the cheapest price, no matter the real cost (environmental or otherwise) behind it.
Slow money is a concept that promotes investments in local farming and the health of our local economies. This group has set a goal of mobilizing 1 million people to invest in their local food production before 2020. It is a noble cause and one I highly recommend you explore.
According to SlowMoney.org, the principles of slow money include:
I. We must bring money back down to earth.
II. There is such a thing as money that is too fast, companies that are too big, finance that is too complex. Therefore, we must slow our money down — not all of it, of course, but enough to matter.
III. The 20th Century was the era of Buy Low/Sell High and Wealth Now/Philanthropy Later—what one venture capitalist called “the largest legal accumulation of wealth in history.” 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.
IV. We must learn to invest as if food, farms and fertility mattered. We must connect investors to the places where they live, creating vital relationships and new sources of capital for small food enterprises.
V. Let us celebrate the new generation of entrepreneurs, consumers and investors who are showing the way from Making A Killing to Making a Living.
VI. 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?
I ask you: what if we left this Earth in better shape than we found it? Give back to the soil that feeds you. Today.