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Slow money
I'm attending a Slow Money Institute all day today in Madison to learn more about this growing movement and the ideas and innovations within it. While the primary topic is local food systems and promoting 'slow food' infrastructure, the core challenges that Slow Money tries to address are common to many industries (including the arts).

Key among those challenges are:

  • How can we attract and focus investment and other forms of capital to an industry with a social purpose, which will likely not offer the same rate of financial return as other investments or capital use?
  • How might we structure the businesses, communities, and individuals within that industry to promote collective benefit in addition to individual gain?
I'm guessing many will already see the relevance of these questions to arts and culture -- locally, regionally, nationally, and globally. I'm hoping to explore and expand those connections during the conversations today.

July 27, 2009 8:33 AM | | Comments (3) |

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3 Comments

By Margaret on August 8, 2009 12:25 AM

I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

Margaret

http://grantfoundation.net

By Kerry Dexter on July 31, 2009 9:14 AM

Looking forward to hearing more about this, Andrew.

By Russell Willis Taylor on July 31, 2009 9:13 AM

At the next International Society for the Performing Arts Conference, we are exploring another side of the slow movement that is relevant to the arts: the antidote it provides to a world obsessed with doing things faster. Reflection and consideration take time, and the arts provide a place where audiences come together to take time to enjoy what they are watching. I like the link you make between slow investment and the arts -- RYWT

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