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Only our limited idea of money is keeping us poor. David Boyle introduces us to alternative cash and people who can conjure money – that is, spending power – out of nothing.Until recently, the growth of alternative cash had been the province of big business: phone cards, stamps, air miles and Tesco’s clubcard points all have purchasing power, yet are not cash as we know it.Now, locally created money systems like ‘time dollars’, ‘Womanshare’ and ‘Ithaca hours’ are being invented by communities for communities.With clarity and great humour, Boyle tells the story of this extraordinary revolution: he travels to the USA to visit the people behind local money systems; relates their vision of the future; and describes how to set up your own currency.This no dry theoretical tome: Boyle writes about his subject in a way that is concrete, illuminating, often very funny and always highly readable.A revolution is underway now: this book tells the story of its leaders and the ideas that inspired them.
This book investigates the limitations of conventional monetary systems by exploring how alternative forms of currency can empower communities and individuals. Author David Boyle, a writer and researcher focused on social and economic issues, draws upon his observations of grassroots financial experiments and corporate loyalty programs to argue that money is a social construct that can be reimagined. He presents a framework for understanding how spending power is created and suggests that local, community-driven currencies offer a viable path toward economic resilience.
What You Will Find
The text provides an accessible and engaging introduction to the mechanics of alternative exchange systems, moving beyond dry economic theory to focus on real-world applications. Its focus on the intersection of community building and financial innovation makes it a useful primer for those interested in decentralized economic models.
Page Count:
247
Publication Date:
1999-01-01
Publisher:
HarperCollins
ISBN-10:
0002559471
ISBN-13:
9780002559478
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