Creating Wealth

Communities everywhere are challenged by issues such as health, elder and child care, housing, education, food security, and the environment. On the surface, these problems appear to be rooted in economic crisis--for example, budget cuts have triggered reduced public services, soaring food prices have created food security concerns, and the subprime mortgage disaster has spawned record increases in foreclosures and homelessness. However, if communities could match their unmet needs with their underutilized resources, many would find that while their economies may be struggling when measured in traditional terms, they possess enough genuine wealth to allow all their inhabitants to enjoy a vastly improved quality of life. Creating Wealthdemonstrates how a healthy society can be attained through developing new systems of exchange. Using creative initiatives such as time banks, systems of barter and exchange, and local currencies, cities and towns can empower themselves and build vibrant, healthy, sustainable local economies. In addition to presenting many compelling case studies of successful alternative currencies in action, Creating Wealthalso explores the different types of capital that communities have to draw on, including natural, built, social, human, institutional, cultural, technological, and financial. This book will appeal to community activists, city planners and other public officials, and anyone interested in developing strong local economies. Gwendolyn Hallsmithis the founder and director of Global Community Initiatives and the author of The Key to Sustainable Cities. Bernard Lietaeris the world's leading authority on complementary currencies and the author of The Future of Money.

Gwendolyn Hallsmith is the founder of Global Community Initiatives, the Director of Planning and Community Development for the City of Montpelier, VT, and the author of The Key to Sustainable Cities. Bernard L1etaer is the world's leading authority on complementary currencies and the author of The Future of Money.