Hi
Everyone,
This below piece on
Slow Money and the Change.org competition just out on Huffington Post
from Curt Friese, a board member of Slow Food USA. Please forward
liberally.
Is it a movement or
is it an investment strategy? Yes!
Michael
Bartner
Slow
Money
********************************
Folks across the country
know something is wrong. There's just something about the system we've
created over several decades that is inherently flawed. Some blame the
government, others big banks, still others blame political parties,
but all agree that there's something that's just not quite working the
way it should. People are losing homes, jobs, and health coverage at
an alarming rate because of the societal turbulence in the enormous
yet formless thing we call the economy.
All, or nearly all at
least, are worthy ideas. Each has its merit and is worthy of
consideration. But for those with an interest in food, three of them
rise to the top quickly, and first among equals is Slow Money.
The idea is a simple one:
invest as if food, farms and fertility actually mattered. Get anyone
who invests money (and if you have a 401k or an IRA, that's you too)
to direct just 1% of it toward small food enterprises and local food
systems. Get at least that small sum of money out of the hands of Wall
Street, huge banks and multinationals and use it, quite literally, as
seed money. Invest in local farms, food systems, artisans, brewers,
bakers, cheesemakers and so on and keep that money close to
home.
We'd create a thriving
economy that makes real, healthy food, instead of a fake one that just
makes money for bankers. One that invests in people and the land, not
in some distant amorphous concept called Wall Street.
In their book Inside the
Apple, a Streetwise History of New York City, this is how Michelle and
James Nevius describe the building of the palisade for which Wall
Street was named: "The wall had two major problems: it wasn't
needed and it didn't work."
Also interested in
investing in the land is the American Farmland Trust, whose idea for
saving farm and ranchland is doing quite well in the balloting, as
well as an initiative to put a garden in every school. Both are
important concepts you've heard me advocate for vociferously for
years.
By Kurt Friese, Restaurant owner,
SFUSA board member, and publisher of Edible Iowa River
Valley
Posted: March 10, 2010 09:28
AM