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Swapping Ditch-digging for Legal Services

Season 6 | 8m 11s

In Portland, Maine Host David Brancaccio meets Richard Rockefeller, a physician from a famous family, who has set up a time bank where community members swap services in a cashless system (lowering taxes). From ditch-digging to legal services, each member does work for others and in return. Watch as David donates an hour weatherizing a house and in return get a sailing lesson on Casco Bay.

Extras
Economist David Korten says power is moving from Wall St. to Main St, which is ok by him.
A bank cultivates prosperity by lending locally and giving profits back.
A community in Washington state pulls together to grow local jobs, using local resources.
Economist Jane D'Arista says retirement funds can be invested locally, avoiding Wall St.
Worker-owned cooperatives - with lofty goals - are on the rise and scaling up.
Four women start a catering co-op; part of a national movement to and train co-op groups.
US Editor of The Economist says fix captialism by ending obesession with stock values.
A man creates a stunning tiny office that improves his work life and his bottom line.
Where are the jobs of the future going to come from? Watch this animation to find out.
Do we need to rethink how we measure well-being? Find out why it may be a good idea.