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Local Exchange Trading Systems (Lets) As Alternative To The Capitalist Economic System

Author

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  • POPESCU Doris-Louise

    (Lucian Blaga University of Sibiu)

Abstract

The phenomenon of LETS emerged as reaction to the deficiencies of the capitalist economic system. Far from diminishing its importance in society, the Local Exchange Trading Systems are multiplying, communities from all over the world embracing with enthusiasm this new vision on economy. A certain revitalization of the topic occurs during the economic crisis. Since a new crisis appears as imminent, approaching this subject is more than appropriate. Our study aims in pointing out the way the Local Exchange Trading Systems are positioning in relation to the main principles of the capitalist system, respectively to set forth in what consists the alternative economic vision promoted by LETS.

Suggested Citation

  • POPESCU Doris-Louise, 2018. "Local Exchange Trading Systems (Lets) As Alternative To The Capitalist Economic System," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 70(6), pages 30-34, December.
    • Handle: RePEc:blg:reveco:v:70:y:2018:i:6:p:30-34
    as

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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/70604popescu.pdf
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    References listed on IDEAS

    as
    1. M.S. Peacock, 2000. "Local Exchange Trading Systems: A Solution to the Employment Dilemma?," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 71(1), pages 55-78, March.
    2. Theresa Aldridge & Jane Tooke & Roger Lee & Andrew Leyshon & Nigel Thrift & Colin Williams, 2001. "Recasting Work: The Example of Local Exchange Trading Schemes," Work, Employment & Society, British Sociological Association, vol. 15(3), pages 565-579, September.
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    More about this item

    Keywords

    trading system; capitalism; local economy; exchange;
    All these keywords.

    JEL classification:

    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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