Slow Money Movement: What do you Think?

http://www.msnbc.msn.com/id/33829197/ns/us_news-giving/

Tasch said he wants to build and test the concept of something he calls "nurture capital" — a healthier and more sustainable alternative to venture capital for funding new businesses. It's time, he says, to shorten the distance between investors and their investments. It's also time, he says, to create new economic models that deliver a return but that also put community, soil fertility and the environment at the bottom line.

That's where the concept of "slow money" comes in. What if the money you invested stayed within 50 miles of where you currently live and was committed to local merchants and growers who put at least 50 percent of their profits back into the community? "What if, instead of making a double-digit return on a fast-money transaction that exploited Third World villagers and pumped up corporate profits artificially," Tasch says, "you could get a steady 2 percent to 3 percent return on money that dramatically improved the quality of life in your own neighborhood?