Over lunch earlier today I starting watching some Ted Videos as I subscribe to their feed in my google reader and I enjoy getting inspired listening to the talks and they create little sparks of thought, most to be honest never make it to a blog post but some do.
The talk I watched featured Rachel Botsman, who is the co-author of the book What’s Mine Is Yours: The Rise of Collaborative Consumption.
Collaborative Consumption describes the rapid explosion in swapping, sharing, bartering, trading and renting being reinvented through the latest technologies and peer-to-peer marketplaces in ways and on a scale never possible before. If you’ve used a car sharing service like Zipcar, experienced peer-to-peer travel on Airbnb, given away or found something on Freecycle or lent money through Zopa, you’re already part of the rise of Collaborative Consumption.
Collaborative Consumption is a game-changing opportunity for networked technologies to transform business, public services and the way we live.
I do very much like this concept and the movement that it promotes, however I started thinking that it does seem very similar to the concept of LETS:
A Local Exchange Trading System is a local, non-profit exchange network where all kinds of goods and services can be traded without the need for money, using an interest-free local currency so that direct bartering does not need to be done.
It offers many social as well as economic benefits, through regular core group meetings, trading days and social events. LETS is a truly international movement, although there is no global governing body. There are similar groups in places as diverse as France, Japan, the USA, and Hungary.
Via Exeter LETS Scheme
Considering the new focus on technology enabled collaborative consumption schemes and the existing LETS schemes – are these another key foundation and building block for Big Society and Public Service Delivery.
Then it struck me again that I’d already seen something which pretty much does this and is using technology as well as providing social care services – Southwark Circle states on its website:
Southwark Circle members get together to enjoy a variety of interests and activities, and to learn new things through the Member Calendar. They can also buy tokens to get help from local, reliable Neighbourhood Helpers. Some members also help out fellow members and can earn tokens for doing so.
So I’d suggest that any public service people thinking about connecting with groups who can help get involved in providing services either formally or through connected networks or strong neighbourhood groups, then I would take a look your local LETS.