August 20, 2019
There is more to life than money. But even the investors who believe that sentiment continues to feed the beast, putting much of their capital back into a system that thrives on consumption. What if we considered the impact of our investments as much as the returns? What if we designed our capital markets around restoration rather than extraction? What if we put Slow Money into local food systems and made soil health part of our ROI?
Woody Tasch is the founder of the Slow Money Institute, a nonprofit dedicated to catalyzing the flow of capital to local food systems, connecting investors to the places where they live. He is also the author of Inquiries into the Nature of Slow Money and SOIL: Notes Towards the Theory and Practice of Nurture Capital. Today, Woody joins Ross and Christophe to discuss how he developed the idea of Slow Money and explore the reasons why we can’t seem to get our money out of the markets and do something radically different with it—especially foundations whose investments are out of alignment with their missions.
Woody introduces us to the concepts of innate value and shared risk, explaining how Wendell Berry’s ideas around belonging to a community inform his work on investing locally. He also covers the idea of blended value, weighing in on the non-financial aspects of sharing risk with farmers. Listen in for Woody’s distinction between agrobusiness and agriculture—and learn how Slow Money’s 0% loan program is growing a pool of capital and restoring soil health!
[1:13] Woody’s path to reversing climate change
[6:46] How Woody developed the idea of Slow Money
[13:17] Why few foundations align their investments + mission
[16:34] Why divestment campaigns don’t totally work
[21:58] How Woody defines shared risk
[24:01] Woody’s insight around blended value
[25:27] Woody’s take on the non-financial aspects of shared risk
[30:06] What keeps Americans from realizing Berry’s vision
[36:18] The difference between agriculture and agrobusiness
[41:52] Slow Money’s SOIL 0% Loan Program in Boulder
Connect with Ross & Christophe
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Email [email protected]
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