- Title
- Timebanking, co-production and normative principles: putting normative principles into practice
- Creator
- Clement, Neville; Holbrook, Allyson; Forster, Daniella; Macneill, Johanna; Smith, Max; Lyons, Kevin; McDonald, Elizabeth
- Relation
- International Journal of Community Currency Research Vol. 21, Issue Winter, p. 36-52
- Publisher Link
- http://dx.doi.org/10.15133/j.ijccr.2017.004
- Publisher
- University of Leicester
- Resource Type
- journal article
- Date
- 2017
- Description
- Timebanking is a parallel currency system structured on Cahn's normative principles of coproduction (2004, 2010; Cahn & Gray, 2013). This article provides a descriptive analysis of the normative principles of co-production in timebanking in order to explore the moral commitment espoused by timebanking economies, especially in regard to reciprocity and the adoption of an asset perspective. A further strand examines the literature on timebanking outcomes for evidence of the influence of normative principles in practice. Discussion centres on the nature of coproduction in timebanking, the practice of reciprocity and time exchange balances. Two distinct issues are identified in the literature that impact the actualization of the normative principles in timebanking practice: a reductionist approach to measurement of exchange, and reciprocation latency. The nature and causes of these invite further research. These issues arise from alternative interpretations of the nature of exchange in co-production in timebanking. The work is important because of the gap in community currency research in regard to how normative values, foundational to this alternative economy, are actualized. The discussion provides a summary of the influences which frame the timebanking exchange and indicates possible areas for further research.
- Subject
- timebanking; complementary currency; normative principles; social justice; reciprocity
- Identifier
- http://hdl.handle.net/1959.13/1392259
- Identifier
- uon:33372
- Identifier
- ISSN:1325-9547
- Rights
- © 2017 by the authors.
- Language
- eng
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