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Time-Based Economics
facilitating Cooperation
Click to open PDF files below in a new window.
Egalitarian Commonwealth
Rational Altruism
Culture Magic
Material Spirituality
Time-Based Economics
A Community-Building Dynamic
In time-based economies the world's natural resources are shared, and individual labor contributes to a common wealth by maximizing public goods and services, providing for individual happiness through systems of rational altruism. With a sharing of wealth, fear of economic loss or exposure (fear of scarcity) is reduced and greed is not rewarded. Happiness, then, is found as much in working for the good of all as in work for personal benefit.

In the plenty paradigm, participation in the time economy is the root of public good, and all community-supporting work is valued equally. "Anti-quota" labor systems such as in cohousing communities, some community land trusts and ecovillages, and at Rainbow Gatherings involve no minimum labor requirement for a person to maintain their standing in the group. In "egalitarian" communities one hour is worth one credit regardless of who is working or what is done, and involve either a "fair-share" labor system requiring a labor contribution without labor accounting, or "labor credit" systems requiring a "labor quota" and the accounting of a minimum labor contribution for a person to maintain membership in the group.

Communal economics involves forms of time-based, plenty-paradigm economies while barter and monetary systems are forms of exchange economies. Barter systems and local currencies have been used to increase local self-reliance, as well as to help monetary economies out of depression through supplementing official scarcity-paradigm currencies. "Time dollars" and "service credits" are also exchanged hour-for-hour as forms of "labor exchange," while in communal economies no exchange is involved as labor does not earn personal property but access to all of the common wealth.

Click to open graphic below in a new window. This graphic is found in the document links below.

An Introduction
Economic Systems
Sharing, Exchange, Elitist
Communal Economics
IRC 501 (d) Legal Status for Communal Economies (thanks to Scott Bonacker)
Landed Rainbow
Allegory of Gifting and Sharing
Landed Rainbow flier
Graphic and Text
Landed Rainbow brochure
Landed Rainbow handout
11" x 17" Tabloid
Landed Rainbow banner
16" x 21" Poster