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Woody Tasch Talks Slow Money on YouTube

One day you’re riding high on Madison Avenue with a seven figure bonus and a mistress on the side, the next day you wake up in a Thai prison with no wallet, no passport, and a broomstick broken off in your leg. With the stock market gyrating like it is these days, you never know where you’re going to end up.

Those are the days you’re glad Woody Tasch is your man from the American Embassy—bandages in one hand, extradition papers in the other (figuratively speaking).

In this three-part video—co-sponsored by The NYU Stewart Satter Program in Social Entrepreneurship, StartingBloc, Pure Project, Green Leaders, NYU Reynolds Program for Social Entrepreneurship, Stern Social Enterprise Association, and Design21 Social Design Network, who were kind enough to post the video on their site—Woody Tasch, author of Inquiries into the Nature of Slow Money: Investing as if Food, Farms, and Fertility Mattered, explains what “Slow Money” is, and how you can put its principles to work for your money, your community, and your planet.[Woody Tasch steps up to the podium about five minutes into Part 1.]

[On returning the US to the role of a world leader in terms of economic sustainability:]

WT: Well, we are taking it on. I mean, you got to try to fix things where you live. My answer is, when people say, “Well, are you going to try to do this in other countries?” Do this—well, we haven’t even done it here yet. So, we have to do where—I mean, part of the power of the “Slow Money” non-brand is that, in the concept of, I mean—this is the power of the “Slow Food” non-brand. Slow Food—if you go to Europe, everyone says “Slow Food.” They don’t say “Slow Food” in Italian. They say “Slow Food” in English. So, why is that important? Because we invented Fast Food. We sent it out. You know. We have inflicted this crazy, you know, unhealthy, whatever other words you want—unsustainable system on the world, because it’s cheap, tastes good, easy, whatever. You know, we’ve seduced ourselves, and we let everyone else get seduced by some of the, you know, the, let’s say the “flavor” of a Big Mac. So, we have to try to fix things here. I mean, to me that’s the first part of the answer, so this is part of an attack on the, let’s say, the roots of the unsustainability of the system here. So, I don’t know how to extrapolate that into a global response, but I do think intuitively the first step is to fight, you know, where you live.

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