Time Dollars in Action

1
Time Dollars in Action

• Elderplan (Member to Member)
• Cross-Age Peer Tutoring
• Youth Court

2
Time Dollar Youth Court

• 53 of African American males 18-35 in prison,
  parole, probation or warrant out for their arrest
• 30-40 of Juvenile Arrests No Papered
• 31 Recidivism Rate for Juveniles No Papered

3
Cross-Age Peer Tutoring

• 40 of students never finish high school
• 10-20 of students classified Special Education
  or Attention Deficit Deficient by 4-5th grade

4
Elderplan Member-to-Member

• 20 of Seniors spend time in hospital annually
• Social isolation and depression affect physical
  health
• Long term care prohibitively expensive

5
The Miners Canary
6
A Different Economic System

• 40 of productive work occurs outside the market
  economy (Becker, Folbre)
• 1.9 trillion value of household work in the US
  in 1998 (25 of GDP)
• 196 billion national value of informal care
  giving in 1997

7
The Core Economy

• The underlying operating system of society

8
A New Operating System

• Assets
• Redefining Work
• Reciprocity
• Social Capital

9
Assets

• The real wealth of this society is its people.
  Every human being can be a builder and a
  contributor.

10
Redefining Work

• Work must be redefined to include whatever it
  takes to rear healthy children, preserve
  families, make neighborhoods safe and vibrant,
  care for the frail and vulnerable, redress
  injustice, and make democracy work.

11
Reciprocity

• Giving is more powerful as a two-way street. To
  avoid creating dependency, acts of helping must
  trigger reciprocity giving back by helping
  other. You need me becomes We need each
  other.

12
Social Capital

• No man is an island. Informal support systems,
  extended families, and social networks are held
  together by trust, reciprocity, and civic
  engagement.

13
Complementary Currencies Need

• Banking Systems Need Money to Run
• Social Inventions Need Money to Run

14
Lets Start with Social Justice

• Tax-Exempt Status
• Reject Market Pricing to Secure Foundation
  Government Support
• Co-Production Funding

15
Shifting the Burden of Proof

• Redefining the range of the possible
• Producing Different Outcomes

16
From Why? to Why Not?