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Local Currencies In Community Development Or Too Much Mngwotngwotiki Is Bad For You, Tony Savdie, Tim Cohen-Mitchell

Community Development

This useful resource guide for trainers and community activists discusses alternative currencies as part of creating alternative economic systems at the local level. The guide includes a case study of HOURS in Ithaca, New York and a discussion of the scripts and LETS alternative currency systems and their usefulness to community-development.

The Tangu people of New Guinea have a word for what occurs between people when they temporarily suspend their sense of obligation to one another. It is mngwotngwotiki (pronounced nig-what-gwoh-teekee). This study of local currency systems counters too much mngwotngwotiki by offering a concrete way to develop a sense …