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Slow money in an age of fiduciary capitalism

Priyanka Jayashankar, Arvind Ashta () and Mark Rasmussen

Ecological Economics, 2015, vol. 116, issue C, 322-329

Abstract: In the era of fiduciary capitalism, investors have begun fulfilling non-financial goals in order to address the concerns of a broader range of stakeholders. Socially responsible investors – who were part of fringe movements headed by non-profit organizations – have emerged as powerful fiduciaries with a strong focus on triple-bottom line based outcomes. The slow money movement, which has been spear-headed by non-profits in the developed world, places a strong emphasis on making capital circulate locally, especially within agricultural communities. Slow money investors across the US, some of whom are private investment funds and community development financial institutions, are striving to generate triple-bottom line based outcomes.

Keywords: Slow money; Fiduciary capitalism; Socially responsible investment (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1016/j.ecolecon.2015.05.007

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