Why Do People Join Local Exchange Trading Systems?

The literature dealing with LETS has regarded them primarily as economic associations and, in so doing, may have overlooked other features of LETS that are equally important. This paper aims to rectify some of that neglect by focusing upon the motivational values of LETS members. Whilst it has been recognised that a significant proportion of their membership can be identified as ‘Green’, the radical consequences of this membership has been neither fully recognised nor explored. This paper offers a taxonomy that enables us to locate and classify members’ motivations and does so with particular reference to Green ideals. It argues that to dismiss LETS as simply an expression of an alternative lifestyle may ignore the fact that a significant proportion of members are aware of, and wish to promote, the radical Green potential of these schemes. Given the current lack of practical Green alternatives within social policy this potential should not go unrecognised and the paper is presented as an attempt to open up areas for further debate.

Caron Caldwell Volume 4(2000) 1

IJCCR Vol 4 (2000) 1 Caldwell

To cite this article: Caldwell, C. (2000) ‘Why Do People Join Local Exchange Trading Systems?’ International Journal of Community Currency Research 4 <www.ijccr.net> ISSN  1325-9547 http://dx.doi.org/10.15133/j.ijccr.2000.006