The Economic Tools for Pooling and Exchange:
- Sharing - watch an 11-minute video overview
• Provides a mechanism for people to share material resources
• Allows people to have access to resources together that may otherwise be unavailable to them individually
• Examples would be tool libraries, makerspaces, shared equipment, and supplies - Timebanking - watch an 11-minute video overview
• Method for people to exchange services using time as a currency instead of money
• Enables services and skills that are not valued by the market economy to be valued
• Everyone’s time is valued equally no matter the task - Price Based Mutual Credit - watch an 11-minute video overview
• Mutual credit denominated in national currency
• Taxable for businesses, goods, and professional services
• Allows everyone to contribute to the community - Common Fund
• Provides a mechanism for people to invest in a shared resource pool
• Enables people to have start up capital when starting new initiatives
• Allows people to have a say over what projects get funded in their community
• Enables people to have a safety net if an unexpected occurrences arise
The Social Tools to Make it Work
- Poshterity Budgeting
• Assistance exploring, designing, and utilizing the variety of compensation options available to replace monetary need - Project Facilitation Assistance
• Assistance designing, developing, and carrying out projects
• Assistance with decision-making and governance structure - Community Investment Assistance
• Assistance garnering, stewarding, and allocating the resources for initiatives in the community - Work Redesign Assistance
• Assistance designing a work life that includes a variety of types of work: art, learning, professional services, community contribution, etc.