IDEAS home Printed from https://ideas.repec.org/p/iis/dispap/iiisdp037.html
   My bibliography  Save this paper

Local Exchange Trading Systems: Globalising Rural Communities

Author

Listed:
  • Ethel Crowley

Abstract

This paper is a sociological investigation of an alternative economic network that is active in Ireland and throughout the western world. This network is based on Local Exchange Trading Systems (LETS). LETS is composed of a network of people who attempt to delink from the international cash-based economy as much as possible. They wish to trade goods and services on a barter basis, among a limited group in the local area. This research is a case study of one LETS operating in west Cork in the south-west of Ireland. Does this group of people form the vanguard of a new social movement in the region? What is the best means of conceptualising their activities sociologically? It is proposed here that the employment of Moichel Maffesoli’s concept of ‘neo-tribes’ is the most useful framework to understand this group. They are generally counter-urban, and non-Irish, and impermanence and transience are the main features of their socio-economic activities. However, it is argued here that they form a crucial part of the changing social lanscape of rural Ireland, as they provide a social springboard for other alternative social activities such as farmers’ markets. Fora such as LETS help to foster social contact between people and thus breathe new life into rural communities that might otherwise be in serious decline.

Suggested Citation

  • Ethel Crowley, 2005. "Local Exchange Trading Systems: Globalising Rural Communities," The Institute for International Integration Studies Discussion Paper Series iiisdp037, IIIS.
  • Handle: RePEc:iis:dispap:iiisdp037
    as

    Download full text from publisher

    File URL: https://www.tcd.ie/triss/assets/PDFs/iiis/iiisdp37.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. L Thorne, 1996. "Local Exchange Trading Systems in the United Kingdom: A Case of Re-Embedding?," Environment and Planning A, , vol. 28(8), pages 1361-1376, August.
    2. C C Williams, 1996. "Local Exchange and Trading Systems: A New Source of Work and Credit for the Poor and Unemployed?," Environment and Planning A, , vol. 28(8), pages 1395-1415, August.
    3. Love, Nancy S., 1997. "States of Injury, Power and Freedom in Late Modernity. By Wendy Brown. Princeton: Princeton University Press, 1995. 196p. $39.50 cloth, $12.95 paper. - Solidarity of Strangers, Feminism after Identity," American Political Science Review, Cambridge University Press, vol. 91(2), pages 431-431, June.
    4. R Lee, 1996. "Moral Money? LETS and the Social Construction of Local Economic Geographies in Southeast England," Environment and Planning A, , vol. 28(8), pages 1377-1394, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Colin C. Williams & Jan Windebank, 2000. "Self-help and Mutual Aid in Deprived Urban Neighbourhoods: Some Lessons from Southampton," Urban Studies, Urban Studies Journal Limited, vol. 37(1), pages 127-147, January.
    2. A Leyshon & N Thrift, 1996. "Financial Exclusion and the Shifting Boundaries of the Financial System," Environment and Planning A, , vol. 28(7), pages 1150-1156, July.
    3. Powell, J., 2002. "Petty capitalism, perfecting capitalism or post-capitalism? : lessons from the Argentinian barter network," ISS Working Papers - General Series 19101, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    4. Gill Seyfang, 2001. "Working for the Fenland Dollar: An Evaluation of Local Exchange Trading Schemes as an Informal Employment Strategy to Tackle Social Exclusion," Work, Employment & Society, British Sociological Association, vol. 15(3), pages 581-593, September.
    5. Peter North, 2000. "Is There Space for Organisation from Below within the UK Government's Action Zones? A Test of 'Collaborative Planning'," Urban Studies, Urban Studies Journal Limited, vol. 37(8), pages 1261-1278, July.
    6. R K O'Doherty & J Dürrschmidt & P Jowers & D A Purdue, 1999. "Local Exchange and Trading Schemes: A Useful Strand of Community Economic Development Policy?," Environment and Planning A, , vol. 31(9), pages 1639-1653, September.
    7. Colin C. Williams, 2004. "‘Cash-In-Hand Work: Unravelling Informal Employment from the Moral Economy of Favours’," Sociological Research Online, , vol. 9(1), pages 34-45, February.
    8. Michael Pacione, 1997. "Local Exchange Trading Systems as a Response to the Globalisation of Capitalism," Urban Studies, Urban Studies Journal Limited, vol. 34(8), pages 1179-1199, July.
    9. Georgina M Gómez, 2010. "What was the Deal for the Participants of the Argentine Local Currency Systems, the Redes de Trueque?," Environment and Planning A, , vol. 42(7), pages 1669-1685, July.
    10. Gill Seyfang, 2001. "Community Currencies: Small Change for a Green Economy," Environment and Planning A, , vol. 33(6), pages 975-996, June.
    11. Michael S Evans, 2009. "Zelizer's Theory of Money and the Case of Local Currencies," Environment and Planning A, , vol. 41(5), pages 1026-1041, May.
    12. Ed Collom, 2005. "Community Currency in the United States: The Social Environments in Which it Emerges and Survives," Environment and Planning A, , vol. 37(9), pages 1565-1587, September.
    13. Peter North, 1998. "LETS, “Hours†and the Swiss “Business Ring†"," Local Economy, London South Bank University, vol. 13(2), pages 114-132, August.
    14. Martin Buttle, 2008. "Diverse Economies and the Negotiations and Practices of Ethical Finance: The Case of Charity Bank," Environment and Planning A, , vol. 40(9), pages 2097-2113, September.
    15. Larue, Louis & Meyer, Camille & Hudon, Marek & Sandberg, Joakim, 2022. "The Ethics of Alternative Currencies," Business Ethics Quarterly, Cambridge University Press, vol. 32(2), pages 299-321, April.
    16. Rachel C. Granger & Jonathan Wringe & Peter Andrews, 2010. "LETS as Alternative, Post-capitalist Economic Spaces? Learning Lessons from the Totnes ‘Acorn’," Local Economy, London South Bank University, vol. 25(7), pages 573-585, September.
    17. Colin C. Williams, 2006. "Beyond Market‐Oriented Readings of Paid Informal Work," American Journal of Economics and Sociology, Wiley Blackwell, vol. 65(2), pages 383-406, April.
    18. Alexandra Lenis Escobar & Ramón Rueda López & Jorge E. García Guerrero & Enrique Salinas Cuadrado, 2020. "Design of Strategies for the Implementation and Management of a Complementary Monetary System Using the SWOT-AHP Methodology," Sustainability, MDPI, vol. 12(17), pages 1-23, August.
    19. Theresa Aldridge & Jane Tooke & Roger Lee & Andrew Leyshon & Nigel Thrift & Colin Williams, 2001. "Recasting Work: The Example of Local Exchange Trading Schemes," Work, Employment & Society, British Sociological Association, vol. 15(3), pages 565-579, September.
    20. Maëlle Della Peruta & Dominique Torre, 2013. "Virtual social currencies for unemployed people: social networks and job market access," Working Papers halshs-00856480, HAL.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iis:dispap:iiisdp037. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Maeve (email available below). General contact details of provider: https://edirc.repec.org/data/cetcdie.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.