American legal professor and social justice campaigner Edgar Cahn created Timebanking in 1980, and his Five Core Values of Timebanking are below.
There are now Timebanks in over thirty countries. Check out timebanks.org for more information on international Timebanking.
Five Core Values of Timebanking
1 Asset – Everyone is an asset; society’s real wealth is its people.
2. Redefining Work –Some work is beyond price.
Work has to be redefined to value whatever it takes to raise healthy children, build strong families, revitalize neighborhoods, advance social justice and make the planet sustainable.
That kind of work needs to be honored, recorded and rewarded.
3. Reciprocity – Helping works better as a two-way street.
The question: “How can I help you?” needs to change so we ask: “How can we help each other build the world we both will live in?”
4 Social networks – Networks are stronger than individuals.
People helping each other reweave communities of support, strength and trust. Special relationships are built on commitment.
5 Respect –Every human being matters.
Respect underlies freedom of speech, freedom of religion, and everything we value.
We must respect where people are in the moment, not where we hope they will be at some future point.
Timebanking in Aotearoa New Zealand
Lyttelton near Christchuch set up Aotearoa New Zealand’s first Timebank in 2005.
There are now Timebanks all around the country-each one independent and unique but sharing ideas and supporting each other.
Read more about Hutt Timebank here…