For Immediate Release
Media Contact: Sylvia R. Tawse
The Fresh Ideas Group
(303) 449-2108, ext.11
Can the Slow Money movement fix a fast-failing economy?
Vision for sustainable investment brings money back down to earth
BOULDER, Colo. (Jan. 28, 2009) – A timely new book asks a provocative question: can new capital markets be built around preservation and restoration, rather than extraction and consumption? Author Woody Tasch, a seasoned venture capitalist, foundation treasurer, and entrepreneur, presents a fresh vision for the twenty-first century in his book Inquiries into the Nature of Slow Money: Investing as if Food, Farms and Fertility Mattered, (published Jan. 09, 2009 by Chelsea Green Publishing Company).
Mapping out a path to bring money back down to earth, Tasch has issued a call to action for fiduciary responsibility and sustainability at one of the most critical junctures in economic history. It is a path towards a financial system that serves people and places as much at it serves industry sectors and markets.
Inquiries into the Nature of Slow Money presents philosophical, strategic and pragmatic solutions, with an entrepreneurial spirit that is informed by the work of thousands of CEOs, investors, grant-makers, food producers and consumers who are seeding the restorative economy.
Unlike books proposing micro- and macro-economic fixes to the financial crises of the day, Inquiries into the Nature of Slow Mone y brings a different vision—a meta-economic vision, that looks above the top line and below the bottom line and offers a new way of seeing what is going on in the soil of the economy.
“Once in a while, a book comes along that has the potential to change things,” said Steve Costa, owner of Point Reyes Books. “This is one such book. It has the potential to unleash a major movement in this country.”
Eschewing the industrial concepts of the 19th and 20th centuries, Tasch’s vision reflects the new economic, social and environmental realities of the 21st century. Investigating an essential new strategy for investing in local food systems, Tasch introduces readers to a group of fiduciary activists who are exploring what comes after industrial finance and industrial agriculture.
As illuminating as he is thought provoking, Tasch poses serious questions such as:
- Could there ever be an alternative stock exchange dedicated to slow, small, and local?
- Could a million American families get their food from CSAs?
- What if you had to invest 50 percent of your assets within 50 miles of where you live?
Such questions—at the heart of Slow Money—are the first step on the path to a new economy and a new culture. Tasch’s explorations take us from the jokes of his father to the insights of his son, from the board rooms of foundations and start-up companies to the farm fields of Vermont, from gopher holes in New Mexico to the possibilities of an alternative stock exchange, from Carlo Petrini to Muhammad Yunus, from Thoreau to Soros.
"Woody Tasch has written a genuinely seminal work. It has the irresistible power of an idea whose time has come,” said Beverly Becker, director of individual giving, Pesticide Action Network. “We need to get it as widely circulated as possible to kick off a slow money movement."
Editor's Note: A tour schedule can be found at www.chelseagreen.com. To request an interview with Woody Tasch, contact Sylvia R. Tawse at the Fresh Ideas Group, Tel: (303) 449 2108 x 11.
About Chelsea Green Publishing Company
For 25 years, Chelsea Green has been the publishing leader for books on the politics and practice of sustainable living. It is a founding member of the Green Press Initiative and has been printing books on recycled paper since 1985, when its first list of books appeared. Chelsea Green leads the industry both in terms of content—foundational books on renewable energy, green building, organic agriculture, eco-cuisine, and ethical business—and in terms of environmental practice, printing 95 percent of its books on recycled paper with a minimum 30 percent post-consumer waste, and aiming for 100 percent whenever possible. This approach is an example of what is called a “triple bottom line” practice, one that benefits people, planet, and profit, and the emerging new model for sustainable business in the 21st century.
About Woody Tasch
Woody Tasch is chairman of Investors’ Circle, a nonprofit network of investors that has facilitated the flow of $130 million to 200 sustainability minded, early stage companies and venture funds. He is Chairman and President of Slow Money. An experienced venture-capital investor and entrepreneur, he has served on numerous for-profit and non-profit boards, and was founding chairman of the Community Development Venture Capital Alliance, which supports venture investing in economically disadvantaged regions. He lives in northern New Mexico.