Mutual credit links

This page contains information links rather than commercial links. For courses, products & services, see the icons to the right. If you'd like to suggest a commercial link, see our network page.

History of collaborative / mutual credit

David Graeber the myth of barter: money didn’t evolve from barter, but from a complex network of mutual exchange and ‘gifting’ – barter has always been a marginal activity
International Clearing Union mutual credit system between nations proposed (unsuccessfully) by John Maynard Keynes at the Bretton Woods meeting in 1944
Monbiot.com George Monbiot explains Keynes’ idea about an international clearing union

Examples of influential mutual credit schemes

Barter News official journal of the reciprocal trade industry (see below)
Credito Wikipedia entry on the huge network of inter-trading mutual exchange systems developed when the Argentine economy fell over at the beginning of the 21st century
Grassroots Economics transforming the lives of people in Kenya and South Africa by facilitating trade without official currency
International Reciprocal Trade Association (IRTA) trade body for commercial barter organisations; these are for-profit groups, and not part of our suggested solution – but they show that trade can happen between businesses without money changing hands
IRTA IRTA on Wikipedia
LETS FAQ the 20 most asked questions about LETS
LETS Link-up global listing of LETS systems
LETSystems Design Manual information on starting and running a LET system
Stamp Scrip 1933 book by Irving Fisher. Stamp scrip was a local exchange medium introduced in many places as a response to the Great Depression of the 1930s
Time Magazine the Post-Money Economy: article on the experiments in mutual exchange in Argentina at the beginning of the 21st century
Wikipedia entry for local exchange trading system
Wir Bank (in German) Inter-business mutual exchange started in the 1930s; in 2005 there were trades totalling the equivalent 6.5 billion Swiss francs (about £4-5 billion) – but with no money involved
Wir Bank more sources of information on the Wir Bank from Thomas Greco
Wir Bank Wir Bank on Wikipedia

Stories and experiences of mutual credit schemes

All About LETS how LETS changed my life (Australia)
Golden Bay Golden Bay’s Growing Complementary Currency System – Quite Handy (New Zealand)
Talent Exchange FUNding your life through the talent exchange (South Africa)

Credit Commons – can mutual credit replace the global money system?

Bendell & Greco currencies of transition: transforming money to unleash sustainability – a good place to start
Bendell & Slater
‘the vision, strategy and roadmap of the new Credit Commons Collective is presented’
Beyond Money Thomas Greco’s site: ‘devoted to the liberation of money and credit, and the restoration of the commons’
the Community Exchange System provides the means for communities to trade and exchange their goods and services, both locally and remotely. It could also be described as a global complementary trading network that operates without money as it is commonly understood
Community Forge providing open source platforms for mutual credit schemes, to help them set up, trade and to inter-trade with other schemes
the Credit Commons white paper on a proposed accounting system to allow users of any local currency to exchange with any other
Matt Slater blog of community currency engineer working on developing credit commons
Tim Jenkin ‘what comes after capitalism? That is the wrong question’ – inspiring and mind-expanding article: please read
Tom Greco video: a world without money and interest
Tom Greco in fact, here’s his entire playlist

 

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