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(Slow Money Alliance) Former venture capitalist Woody Tasch believes it's time to create a market that values the environment, local communities and the natural world as much as it does financial growth.
"Slow Money" Movement Gains Momentum
NOVEMBER 10, 2009
Marcia Stepanek, Contribute
What if the money you invested stayed within 50 miles of where you currently live and was committed to local merchants and growers who put at least 50 percent of their profits back into the community? "What if, instead of making a double-digit return on a fast-money transaction that exploited Third World villagers and pumped up corporate profits artificially," Tasch says, "you could get a steady 2 percent to 3 percent return on money that dramatically improved the quality of life in your own neighborhood?
Read the story:
www.msnbc.msn.com/id/33829197
Learn more:
www.slowmoneyalliance.org
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