from The Open University
Alternatively you can skip the navigation by pressing 'Enter'.
Wild Weather with Richard Hammond: Temperature: The Driving ForceTuesday, 24th November 2015 00:35 - BBC FourRichard Hammond investigates the crucial role temperature plays in all weather. Without heat, there would be no... Read more: Wild Weather with Richard Hammond: Temperature: The Driving Force
The Educators: Series 2: Character LessonsTuesday, 24th November 2015 15:00 - BBC Radio 4
Power to the People: Episode 2: It's Not Easy Being GreenTuesday, 24th November 2015 21:00 - BBC Four
All in the Mind: Mindfulness, porn addiction and slothfulnessTuesday, 24th November 2015 21:00 - BBC Radio 4
The Educators: Series 2: Character LessonsAvailable for over a yearCan character education really improve someone's chances in life? Read more: The Educators: Series 2: Character Lessons
Wild Weather with Richard Hammond: Temperature: The Driving ForceAvailable until Thursday, 24th December 2015 01:35
Ireland with Simon Reeve: Episode 1Available until Thursday, 24th December 2015 00:45
The Hunt: Episode 4: Hunger at SeaAvailable until Tuesday, 29th December 2015 17:50
OpenLearn Live: 24th November 2015Part of Ireland that started out by the South Pole. Then more free learning through the day. Read more: OpenLearn Live: 24th November 2015
The HuntNew ground-breaking OU/BBC natural history series The Hunt, narrated by Sir David... Read more: The Hunt
Taking your first steps into higher educationWhat is university study like? Is it for me? If you are asking yourself these questions, this... Try: Taking your first steps into higher education now
English: skills for learningThis course is for anybody who is thinking of studying for a university degree and would like to... Try: English: skills for learning now
LETS: A community development
This unit enables you to hear about some of the participants in the Local Exchange and...
This unit enables you to hear about some of the participants in the Local Exchange and Trading Schemes (LETS). These are associations of people who make offers of goods and services to and from each other. What is on offer and the requests people make are listed in local directories.
By the end of this unit you should be able to:
- give examples of how LETS work as a community development.
Study this free course
Enrol to access the full course, get recognition for the skills you learn and track your progress. Make your learning visible!
LETS: A community development
Local Exchange and Trading Schemes (LETS) expanded rapidly in the UK after the first scheme was set up in Norfolk in 1985. By 1996 LETSLINK UK, the coordinating body, reckoned that there were about 450 LETS in the UK, with 40,000 members. LETS exist in most western European countries – in Australia and New Zealand, the US, Canada and Japan. Their origins lie in Canadian attempts to revive local traditions of skills exchange and barter outside commercial and international labour markets and currency systems.
LETS are associations of people who make offers of goods and services to and from each other. What is on offer, and the requests people make, are listed in local directories. Currencies have local names. You'll hear people mentioning ‘Squares’ and ‘Keys’ on the audio clips. Each member has a cheque book of currency vouchers, with which they pay for work or goods. Cheques are then sent to a central accounting office where one individual account is credited and one is debited. A typical system values units of currency at one hour's work. Sometimes cash is involved, if materials are needed or a phone bill mounts up.
LETS vary around the world, with some systems maintaining parity with the national currency and being organised by one person as administrator. In the UK, the model is more flexible and democratic, with participation and collective control more in evidence.
The audio clips were recorded in 2000.
Participants in the audio clips:
Liz Shepherd is the national co-ordinator of LETSLINK UK;
Jan Hurst is Development Officer for the London Borough of Greenwich Social Exclusion and Justice Division's Anti-Poverty Team;
Peter Jones, Roger Bunker, Rachel Bunker, Jenny Hurst and Veera Usher Muller are all members of two LETS in the Greenwich area.
This material is from our archive and is an adapted extract from Care, welfare and community (K202) which is no longer taught by The Open University. If you want to study formally with us, you may wish to explore other courses we offer in this.
This is an extract from an Open University course which is no longer available to new students. If you found this interesting you could explore more free Social Care courses or view the range of currently available OU Social Care courses.
Copyright & revisions
Originally published: Wednesday, 9th January 2013
Last updated on: Wednesday, 9th January 2013
- Creative-Commons: The Open University is proud to release this free course under a Creative Commons licence. However, any third-party materials featured within it are used with permission and are not ours to give away. These materials are not subject to the Creative Commons licence. See terms and conditions. Full details can be found in the Acknowledgements section.
- This site has Copy Reuse Tracking enabled - see our FAQs for more information.
If you enjoyed this, why not follow a feed to find out when we have new things like it? Choose an RSS feed from the list below. (Don't know what to do with RSS feeds?)
Remember, you can also make your own, personal feed by combining tags from around OpenLearn.