IF WE DO NOT wish to support economic growth that comes at the cost of biodiversity and peace, then we must concern ourselves not only with where our money is going but also with the fundamentally violent impacts of its speed. In fact, we will not be able to get money to many of the places that will be vital to the health of a restorative economy – local food systems, for instance – without slowing money down.

At a recent session of Investors’ Circle, the scion of one of America’s wealthiest families argued with some vehemence: “Money only knows one speed. Money only goes fast. Try to slow it ...

 

There are approximately 1830 more words in this article.

To read the rest of this article, please buy this issue, or join the Resurgence Trust. As a member you will receive access to the complete archive of magazines from May 1966.

Buy Issue Join Us

If you are already a member, please Sign in