Slow Money gains momentum
'First there was slow food, then slow cities and slow design. Now there is Woody Tasch, the catalyst behind a new movement touting “slow money” — the name the former venture capitalist-turned-revolutionary gives to his philosophy that combines a passion for social enterprise with the benefits of locally grown food.
'Tasch is spearheading a national campaign to persuade at least 1 million Americans to donate between $25 and $1,000 each to help create a grassroots, nonprofit seed fund to support and grow local food businesses and family farms.
'But it’s much more than healthier food that Tasch is after. He is traveling the country this fall, warning that money moves way too quickly. Billions and trillions of dollars zip around the globe, he says, as if disembodied from the people who invest it. “Investors don’t know anymore where their money goes and more and more, they want to see an impact for what they give in their own lives and own communities,” Tasch recently told a capacity crowd at New York University.'
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