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Time banking is a formal framework for organizing the true economy (everything devalued by the money/debt system, including what's written off as the "informal economy") along the lines of reciprocal gifting of work. It's especially versatile for the exchange of services, but can be used for goods as well with a version of the labor measure of value. Goods can be valued according to the time that goes into manufacturing them.   This framework is enfolded within the concept of co-production, which is a transitional concept between capitalism and full economic democracy. Time banking as a framework and time dollars as a measure are part of this transition to such consciousness of economic community and freedom that we can dispense with formal measurement completely and restore the wholesome primal system of social credit which originally preceded money for tens of thousands of years.

The California Federation of Time Banks is a collaborative network committed to connecting, sharing information, and supporting the expansion of Time Banking in the state. From the largest cities to the smallest towns, we celebrate the many innovative ways time banking can address social issues and creatively fill the gaps by strengthening relationships in our neighborhoods. Based on the fundamental values of respect and reciprocity, we are a creative learning community that shares experiences, trades best practices and empowers each other to work for a healthy, sustainable future.