In today’s world where traditional markets frequently fail to meet the essential needs of communities, cooperative economics provides a powerful alternative. Rooted in the idea that communities can take action to address their own needs, cooperative economic models can offer a pathway to economic security and self-sufficiency. Among these models,…
Category: Finance and Economy
Exploring everything financial and alternative finance
A Unified and Person-Centered Economic Model – “The Participatory Community”
In my journey exploring the idea of time banking, I have come across many similar expressions of the same core values—community, compassion, valuing others, investing in the well-being of others, cooperation rather than competition, sustainability, equity, altruism, and other such utopian concepts. These ideals resonate deeply with the vision of…
The Nature of Needs and Happiness: A Holistic Perspective to Community Service
In our pursuit of happiness, it’s tempting to believe that obtaining what we want will bring lasting fulfillment. Yet, time and again, we see that merely having more “stuff” often fails to satisfy us deeply. In the Western world – a consumer-driven society which relentlessly promotes the idea that external…
Cooperation, Competition, and the Changing Social Landscape as Seen Through the Lens of Systems Theory
Systems theory, the transdisciplinary study of cohesive, interrelated, and interdependent components, offers a theoretically robust framework for examining the complex networks that make up social systems. These systems – whether natural, like ecosystems, or artificial, like economic structures – function as wholes, with each part influencing and being influenced by…
Using Free-Form Time Banking as a Strategy for Developing Volunteer Resources within a Community Service Organization
Time banking is a way for communities to capture value without monetary cost through the recognition of individuals’ skills and time by the use of an indirect time-tracking instrument. Active engagement in time banking partnerships can enable members of a community to grow their personal networks, make lasting friendships, gain…
Is Modern Society Just a Giant Ponzi Scheme?
The Ponzi scheme involves a cycle of paying returns to early investors with funds obtained from newer investors, perpetuating the illusion of profitability. These schemes inevitably collapse when the influx of new money slows, making it impossible to continue meeting promised returns. When one looks at the foundations of modern…
If It’s Worth Doing, It’s Worth Doing Well: Is Less Actually More?
There’s an old saying that insists, “If it’s worth doing, it’s worth doing well.” This sentiment comes to us today from a time when quality was actually important, when craftsmanship was appreciated, and when people took pride in building and creating things that would last. But with the rise of…
You Can’t Help Those Who Won’t Help Themselves
In our communities we see that ever-increasing needs is becoming the norm – many of them urgent – and community service and outreach programs strive to selflessly meet those needs, offering resources to those struggling to make ends meet. The intention behind such programs is simple: to provide assistance, support,…
Why Interconnectedness Should be More than Just an Internet Thing
We are all very familiar with the fact that the world has become, in one very big way, smaller. With the bursting onto the scene of the internet in the late 90s, we have all become connected and interconnected in a way that could never have been imagined just a…
How to Make Every Penny Count When You’re Counting Pennies
In these times of growing economic uncertainty, making every penny count is more than just a good idea- it should be a lifestyle. As the economic situation around the world continues to become more and more concerning, the once maligned idea of frugality is turning into something of a necessity…