Let’s change: a critical study of the aims and practices of a local exchange trading scheme
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The paper presents the findings of ethnographic research and a survey of a Local Exchange Trading Scheme in North-East London and asks the question of whether the scheme delivers on the aims and objectives of its members. The research found that whilst its members express a strong politically motivated desire for an alternative to the prevailing economic system, the LETS scheme falls short of delivering on those ambitions. The findings raise the question of whether there is anything intrinsic to this form of local community currency that leads it to be more inclusive, egalitarian and fair.
Alternative money systems; complementary currency; alternative currency; local economy; sustainable economy; common; local exchange trading systems.
To cite this article: Arianna Bove (2017) ‘Let’s change: a critical study of the aims and practices of a local exchange trading scheme’ International Journal of Community Currency Research 2017 Volume 21 (Summer) 65-83 <www.ijccr.net> ISSN 1325-9547. DOI http://dx.doi.org/10.15133/j.ijccr.2017.009