Luck exchange

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As the song says, A Mark, a Yen, a Buck, or a Pound is all that makes the world go around, that clinking Clanking sound, can make the world go around.

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Communities around the world have developed alternative money systems. "Alternative money system" refers to making money at home.

To start thinking about making money as more than just a way to get things, but as a way to make things, and as things that are made, use this reflective writing process:

Your making money ideas are what make the Internet work. We have created this technological money marvel, and it is up to us to determine its fate. Together, we can make the web work for us. Submit your recommendations for money links in this category. All serious money ideas are welcome!

In countries from Africa to the Americas, in towns in Australia, Canada, England, France, Japan, Mexico, Scotland, Senegal, Switzerland, Thailand, approximately 800 communities have developed alternative money systems. Some are based on their own "dollars;" others on barter systems of exchange. The American town of Ithaca, New York, Canadian Salt Spring Island, and the city of Toronto are among the 20 estimated North American communities that currently operate their own, unique community currencies. In Britain, there are an estimated 200 local exchange and trading systems or LETS. In Australia, LETS systems have been so successful, it was said that if the global economy crashed, "Australia would be the country most likely to survive, having developed a thriving alternative economy."

At the heart of any money system is "value." How is its value set? Who determines what money can buy?

The problem (and the beauty) of models like LETS or HOURS is the specifics. Therefore the answers to these questions really depend on the community implementing them. Whether a system is designed merely to increase buying power, or to put a monkey wrench into business-as-usual depends of the values and politics of those who create it.

As you research the linked Web sites, you will adapt, dismantle, extend, or reject the ideas you read there. You will be transforming your understandings of value, community needs, and alternative money system into something truly unique.

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