As trust is lost in the global financial system and its intermediaries, surplus investment capital seems stranded in ever more risky international asset flows. Are there ways of re-routing investments towards local processes that rebuild communities and food systems? Will alternative investment strategies develop in time to challenge the failing narrative of a standard approach to retirement savings?
On Extraenvironmentalist #77 we talk about developing an investment paradigm for the future that's rooted in local business and healthy food, first with Michael Shuman of Cutting Edge Capital and author of Local Dollars, Local Sense: How to Shift Your Money from Wall Street to Main Street and Achieve Real Prosperity. We ask Michael about ways to invest locally that have the potential for better returns on capital and community cohesion while getting thoughts on the coming revolution in crowdfunding. Then, we speak with Carol Peppe Hewitt about the idea of Slow Money and ways that it can rebuild our foodsheds as detailed in her book Financing Our Foodshed: Growing Local Food with Slow Money.
Local Dollars, Local Sense: How to Shift Your Money from Wall Street to Main Street and Achieve Real Prosperity by Michael Shuman
Financing Our Foodshed: Growing Local Food with Slow Money by Carol Peppe Hewitt
// Links and News Items
60 Minutes: Is the Stock Market Rigged?
NYT: Can a Pop-Up Service Fix It? Probably
Extraenvironmentalist Youtube Channel
// Extended Clips (in order of appearance)
[Break] - 21m
Forget gold, buy farmland
Jim Rogers on commodities, the agriculture boom and perilous times ahead
As Farmers Age, Japan Rethinks Relationship With Food, Fields
BBC Report on Farmland Investment in the Ukraine
Jeb Brugmann - from the upcoming XE miniseries on the built environment
// Music (in order of appearance)
Cuz - Tamatebako via god is in the tv
Robin Schulz - Shyer (Bootleg)
Paperwhite - Got Me Goin (Robotaki Remix) via The Burning Ear
Ghetto Brothers - There Is Something In My Heart (Spanish Gold Cover) via IndieShuffle
MSMR - Hurricane (Goldroom Remix) via Dancing Astronaut
Pharrell - Happy (NEUS Remix // Bobby C Sound TV edit)
// Production Credits
Our correspondent and editor Kevin via Sustainable Guidance Youtube Channel
Episode #77 was supported by donations from the following generous listeners:
Sarah in North Carolina
Hadi in British Columbia
Raul in Illinois
Feargal in Ireland
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