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History & Governance

Slow Finance, Webfare, Scienza Nuova Institute, IUC

Slow Finance has grown as a branch of the Turin "Innovation Circle," which applies the values ​​of Slow Food—Good, Clean, and Fair, forever, for everyone—to the world of finance. Slow Finance was born from the academic research project of Matteo Basei Fantolino, M.Sc., at the International University College of Turin, under the Academic Tutorship of Prof. PG Monateri, as a continuation, organic synthesis, and practical combination of the contributions of Carlin Petrini, Woody Tasch, Gervais Williams, Cinzia Scaffidi, Luigino Bruni, Pamela Matson, Krister Andersson, William C. Clark, Gaël Giraud, Manfred Max-Neef, Antonio Elizalde, Martin Hopenhayn, Mario Calderini, Oscar Farinetti, and Valter Cantino. Slow Finance transcends Karl Marx's reductionist vision of value to monetary capital alone, recognizing the plurality of capitals—social, cultural, environmental, and relational, etc.—and abandons John Maynard Keynes's vision, which reduced well-being to economic growth and full employment alone. Slow Finance is the result of revitalizing the Donut Economy. We promote freedom from the psychology of performance and machismo, to prioritize the intrinsic motivations of our actions: meaning, direction, significance, belonging, and affectivity. We dedicate our efforts in memory of Professor Valter Cantino, former rector of the University of Gastronomic Sciences in Pollenzo, and we are guided by the legacy of Adriano Olivetti and Amadeus Peter Giannini. Applying the principles of "Teal Organization" (Laloux), combined with the practice of "Adaptive Leadership" (Harvard - Heifetz, Linsky, Grashow), can define not growth as an end in itself, but a dynamic process that intertwines economic responsibility, social justice, and ecological balance. Slow Finance represents the framework for a new individual, collective, and generational pact. A finance that pursues the creation of common goods and integral human development, in continuity with the principles of the Social Doctrine of the Church.

Slow Finance has progressively evolved into an interdisciplinary research project connected to Scienza Nuova Institute, founded by Maurizio Ferraris, through the convergence of social philosophy, technological innovation, ecological economics, and adaptive leadership. The project develops in dialogue with LabOnt – Laboratory for Ontology and Webfare at Politecnico di Torino, exploring how digital infrastructures, algorithms, and networked societies are reshaping trust, value creation, reputation, and collective coordination in the contemporary economy. The academic development of Slow Finance, conceived as a co-evolutionary method for individuals, organizations, and complex social systems, seeks to connect the cultural legacy of Carlo Petrini with new reflections on technology, social ontology, and the future of sustainable economic systems.

Calabrese debate | IUC of Turin | International University College of Turin
Slow Finance non come “finanza etica”, ma come teoria dell’emersione del valore. The International University College of Turin (IUC) was established in 2006 for the critical study of law and finance, as the institutional foundations of global capitalism. It has since pursued this mission through an openly interdisciplinary and comparative agenda.
The IUC programs specifically look to engage students and young scholars from all over the world with special emphasis on the periphery, or ‘global south’, with leading figures in economics, law and the humanities.

THE IUC APPROACH

Since its establishment, the IUC has lodged itself at the heart of an emerging international network of critical scholarship, nurturing a distinctive focus on the institutional dimensions of global capitalism: the IUC approach.

  •  The IUC approach entails a determination to look beyond positivistic approaches to understand the plural complexity of the legal, financial and economic issues of our times.

  •  It feeds a global and cosmopolitan vocation, equally receptive to the North and the South of the world: a feature that makes the IUC stand out as a unique experiment in international legal education.

  •  IUC graduates are capable of framing and tackling legal problems, with a pronounced ability to situate them in the social and economic contexts in which they arise.

  •  Their distinctive methodological attentiveness is nurtured through an eclectic and interdisciplinary engagement that keeps abreast of the latest theoretical developments in the humanities and social sciences.

  •  The IUC curriculum maintains a pronounced focus on the economic and anthropological dimensions of legal problems, in order to help students nurture and develop their critical abilities and interdisciplinary orientations.

  •  The keen sensitivity of IUC graduates to the multiple dimensions at play in global legal and economic processes is aided by a comparative gaze on institutions, affording centrality to non-Eurocentric perspectives that are all too often relegated to the margins of policy and research.

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