Chelsea Green Publishing

Chelsea Green Blog

Change the World: Support a New Kind of Capitalism

The way the U.S. economy works is not very down to earth. Indeed, this country was founded on the backs of slaves, but that doesn’t mean our future must be that of enslavement. The economy has been based on a top-down model that favors fat cats, but this does not mean it will be top-down forever. Woody Tasch, author of Inquiries into the Nature of Slow Money: Investing as if Food, Farms, and Fertility Mattered, puts forth a different vision—a meta-economic vision—that looks above the top line and below the bottom line, a new way of seeing what is going on in the soil of the economy. So this 4th of July, let’s declare our freedom from our fixation on money, money, money, and seek a different route to feeling human.

From The Green Fork’s review of the book:

In fact, our fixation on making a killing, as opposed to making a living, is what’s brought our economy to the brink of collapse, as venture capitalist/eco-preneur Woody Tasch argues brilliantly in his new book. The title, Inquiries Into the Nature of Slow Money: Investing as if Food, Farms, and Fertility Mattered may be a mouthful, but it’s one I’d love to see on everyone’s lips, because this book gets right to the heart of everything that’s ailing our economy and corroding our culture.

Tasch’s book is, in part, about how bad business decisions keep us from having good food. But it’s not your (organic) garden variety indictment of industrial agriculture. Yes, his “Slow Money” concept borrows freely from Italy’s Slow Food movement—which famously began as a revolt against a McDonalds in Rome—and Slow Food founder Carlo Petrini wrote the forward to Tasch’s book. But Slow Money is not some kind of simplistic, anti-corporate, socialist rant.

Rather, Tasch offers a formula for a new kind of capitalism in which farmers’ markets and stock markets both flourish. Tasch’s economic agenda is founded on the heretical notion that we need to think about the long term consequences of how we invest our natural resources and our human capital, instead of dwelling on quarterly profits and worshipping the false gods of convenience and consumption.

If we weren’t so shortsighted, and so enamored of easy money, we’d be less vulnerable to scummy scammers like Bernie Madoff, the sleazy money lenders, and all the other charlatans who helped create this recession. We might learn to think of our housing as shelter, first and foremost, and long-term investment—not an asset to be flipped, or an ATM. We might also be more willing to confront the serious problems that plague our industrialized food system, as documented in Food, Inc.

Read the entire review here.


Q&A with Kate Raworth about her radical new book, DOUGHNUT ECONOMICS

Q: First things first: Why did you want to write this book? A: I studied economics at university 25 years ago because I wanted to make a difference in the world and believed that economics – the mother tongue of public policy – would best equip me to do that. Instead, its theories left me […] Read More

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The Seven-Point Protocol for a Lean Economy

In the future, what will our local economies look like? How will they function if there is little, to no, state or national support? The late David Fleming envisioned a post-capitalistic society that we could call “deep local” — in which all needs are met at the local level — from income to social capital […] Read More

The Six Vital Capitals of the Future

There is an increasing demand on businesses and governments to evaluate their impacts on multiple forms of capital – natural, social, and economic— and this book explains how they can make it happen. The MultiCapital Scorecard’s open-source methodology has been endorsed by the United Nations Environment Program, and it has been shown to help public […] Read More
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