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Slow money in an age of fiduciary capitalism

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  • Jayashankar, Priyanka
  • Ashta, Arvind
  • Rasmussen, Mark

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.

Suggested Citation

  • Jayashankar, Priyanka & Ashta, Arvind & Rasmussen, Mark, 2015. "Slow money in an age of fiduciary capitalism," Ecological Economics, Elsevier, vol. 116(C), pages 322-329.
    • Handle: RePEc:eee:ecolec:v:116:y:2015:i:c:p:322-329
    DOI: 10.1016/j.ecolecon.2015.05.007
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    2. Syrus M. Islam, 2022. "Impact investing in social sector organisations: a systematic review and research agenda," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(1), pages 709-737, March.
    3. Gerlinde Behrendt & Sarah Peter & Simone Sterly & Anna Maria Häring, 2022. "Community financing for sustainable food and farming: a proximity perspective," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 39(3), pages 1063-1075, September.

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