  Community Currencies, Capitalism & Altruistic Economics
Community currencies such as LETS, Time Dollars, Timebanks etc.
provide a great improvement on centralised currency systems.
Although retaining some of the key disadvantages
of centralised currencies,
their local nature promotes development of community and positive
relationships amongst group members, whilst
peer-2-peer credit frees them from usurious exploitation by
the central bankers' credit monopoly.
|
Capitalism |
Community Currencies |
Altruistic Economics |
| Mathematics |
Zero-sum |
Zero-sum |
Non Zero-sum |
| Measurement of Value |
Price |
Price |
Shared Evaluation |
| Administration |
Central Banks :( |
Covered by Members* |
Self-administration |
| Philosophy |
Self-Maximisation |
(Various) |
Maximisation for self & others |
| Currency |
(Inter)National |
Local |
Personal |
| Money |
(Inter)Nationally-Issued |
Locally-Issued |
Personally-Issued |
| Environment |
Globalised Market |
Membership List |
Network Of Care |
| Credit |
Legally enforced |
Unbacked |
Sympathy-backed |
| Interest |
Usurious |
None/Demurrage |
None/Demurrage |
*Some models (such as TimeBanks) require External funding
Introductory publication:
| Downloads | Title | Author(s) | Date |    |  AE304: AE for Community Currency Researchers | Robin Upton | 2005-10-23 |
|
Altruistic Economics
takes the process of decentralisation even further,
laying the theoretical foundation for a new generation of
complementary currencies that empower
individuals still further.
|
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