Woman Who Lives Without Money, Empowering Local Currencies, Stories of Social Healing
Inspiring News Articles
April 27, 2025

In 2015, [Jo] Nemeth had quit her community development job, given the last of her money to her 18-year-old daughter Amy and closed her bank account. “I was 46, I had a good job and a partner I loved, but I was deeply unhappy,” Nemeth says. “I’d been feeling this growing despair about the economic system we live in.” Her “lightbulb moment” came when her parents ... gave her a book about people with alternative lifestyles. “When I read about this guy choosing to live without money, I thought, ‘Oh my God, I have to do that!’” The first thing Nemeth did was write a list of her needs. "I discovered I really didn’t need much to be comfortable. Then I just started ... figuring out how I could meet my needs without having any negative impacts.” For the first three years, Nemeth lived on a friend’s farm, where she built a small shack from discarded building materials before doing some housesitting and living off-grid for a year in a “little blue wagon” in another friend’s back yard. Instead of paying rent, Nemeth cooks, cleans, manages the veggie garden and makes items such as soap, washing powder and fermented foods. And she couldn’t be happier. She soon started tapping into the “gift economy” more deeply, giving without expecting anything in return, receiving without any sense of obligation. “That second part took a while to get used to,” she says. “It’s very different to bartering or trading, which involves thinking in a monetary, transactional way: I’ll give you this if you give me that ... I actually feel more secure than I did when I was earning money,” she says, “because all through human history, true security has always come from living in community and I have time now to build that ‘social currency’. To help people out, care for sick friends or their children, help in their gardens. That’s one of the big benefits of living without money.”

Community currencies — alternative forms of money sometimes also referred to as local or regional currencies — are as diverse as the communities they serve, from grassroots time-banking and mutual credit schemes to blockchain-based Community Inclusion Currencies. Local currencies were common until the 19th century, when the newly emerging nation states transitioned to a centralized system of government-issued money as a way of consolidating their power and stabilizing the economy. Far from being a neutral system of exchange, a currency is a tool to achieve certain goals. Inequality and unsustainability are baked into our monetary system, which is based on debt and interest with practically all the money ... being created by private banks when issuing loans. Well-designed community currencies eliminate two main sources of financial inequality: money’s perceived inherent value and the interest rates, which both incentivize people to hoard their money. Like the pipes that bring water to your house, money is the conduit that gives you access to goods and services. The value of money is created in the transaction. In 2015 it was estimated that almost 400 of them are active in Spain alone, and across Africa blockchain-backed systems, like the Sarafu in Kenya, help underserved communities do business without conventional money. Elsewhere, local currencies like the Brixton pound in the U.K. or BerkShares in Massachusetts are a way to keep money in the community, buffering it against the pressures of a globalized economy.

Believing that a wallet will be returned if dropped in public is one of the most important indicators of well being and happiness. In fact, it’s 7 times more impactful than doubling your income, according to the World Happiness Report 2025 just released this week. Jeffrey Sachs conceived of the report that would measure wellness in 2012 and Gallup began interviewing people in 150 countries, and compiling those comparisons every year. While analyzing the results for 2024, the researchers found that belief in the kindness of others is much more closely tied to peoples’ happiness than previously thought. For instance, evidence across the world from the perceived—and actual—return of lost wallets shows that people are much too pessimistic about the kindness of their communities compared to the reality. The actual rates of wallet return are around twice as high as people expect. Believing that others are willing to return your lost wallet is shown to be a strong predictor of population happiness—and the Nordic nations once again top the ranking of the world’s happiest countries. They also rank among the top places for expected and actual return of lost wallets. “Human happiness is driven by our relationships with others,” said Lara Aknin, a professor of social psychology and one of the report’s editors. “Investing in positive social connections and engaging in benevolent actions are both matched by greater happiness.”

Since the Israel-Hamas war, relationships between some students have been nowhere near brotherly, let alone collegial. Some students just aren’t accustomed to contrary or controversial ideas and believe that even hearing them is harmful. What hasn’t made headline news is the spike in civil discourse initiatives at campuses. Here’s one gauge. At the Institute for Citizens & Scholars, a coalition of College Presidents for Civic Preparedness went from a handful of participants prior to Oct. 7, 2023, to well over 100 afterward. The likes of Harvard, Yale, the Massachusetts Institute of Technology, and the University of Michigan in Ann Arbor have launched civil discourse initiatives since the deadly Hamas attack that sparked the Israeli invasion of Gaza. One success story is the Dialogue, Inclusion, and Democracy (DID) Lab at Providence College in Rhode Island, run by Dr. Bevely and Professor Nick Longo. “With Mutual Respect” events feature two people on opposing sides of an issue. Panelists don’t so much debate as endeavor to foster mutual understanding. In December 2020, Vanderbilt [University's] women’s basketball team elected to protest for racial justice by staying inside the locker room during the national anthem. Vanderbilt ... facilitated structured dialogue between the basketball players and military veterans on the Nashville, Tennessee, campus. Some athletes shared experiences of racism and discrimination. Young men and women, some of whom had combat experience, explained why they felt so strongly about serving their country. The culture of civil discourse needs to be rooted in a relationship of trust. “If as a student, I’m challenging something, or I say something controversial, I’m going to have to trust you that you’re not excluding me,” says [Chancellor] Dr. Diermeier.

The West African nation of Ivory Coast ... has navigated through two civil wars so far in this century. And it struggles with widespread poverty. Despite all that, it stands out in Africa for its economic progress. Growth in its gross domestic product has lately been 6% to 7% a year. Inflation is low at about 4%. Most of all, it has seen a one-third decline in the percentage of Ivorians living below the poverty line. An underlying cause is an effort by religious and political leaders to build social trust. Interfaith initiatives are frequent. Organizations quickly address misinformation or grievances at the community level to avert wider conflagration. A Christian-Muslim dialogue in January called on “all citizens to promote messages of peace, fraternity, and unity.” President Alassane Ouattara himself seems inclined toward pragmatic peacemaking. He took office amid violence that erupted after former President Laurent Gbagbo vehemently contested Mr. Ouattara’s 2010 electoral victory. More than 3,000 people died in that civil war, fueled by politicization over a concept of nationality that excludes a large portion of the population. Mr. Ouattara’s programs on infrastructure, jobs, and land tenure have targeted previously ignored northern regions susceptible to extremism. But now they’re expanding. Other projects aim to serve and “reintegrate” youth. The nation’s ranking in a global corruption index continues to improve. Regional and local elections have become more credible.

Tina imagined the sound of Ira’s key in the door, and then she realized she would never hear that sound again. It had all been stolen from her. Someone would have to pay the price. “Whoever killed my son,” she said, “they were gonna get it.” In the days after Ira’s death, there were other things besides retribution to keep Tina busy. Tina had wondered for a while about $50 that disappeared from her bank account. Then a woman approached Tina at a vigil for Ira and told her a story. Her boyfriend had been beating her, and Ira found out, and he gave her $50 for a bus ticket so she could get out of town. Turned out he had his own little ministry. And Tina continued that ministry: listening to Ira’s friends, having them over for lunch or dinner, occasionally giving someone a place to crash. She thought less and less about revenge. That December, a grand jury indicted two men for the murder of Ira Hopkins. On October 27, 2017, following guilty pleas, [Jy’Aire Smith-Pennick] appeared in court for his sentencing. Almost seven years passed from Jy’Aire’s sentencing until the day Tina saw him in person again. “I’m in prison for participating in a murder,” he would later say. “And the mother of this man is here, present, on behalf of me, watching me receive my degree.” When Jy’Aire gets out, he plans to study sociology at the University of Pennsylvania. He and Tina will work together on the IRA Foundation, teaching at-risk kids that there are better options than drugs and violence.

For more than two decades, Theresa S. Betancourt has followed the lives of children (now adults) who returned home after being forced to fight in the civil war that ravaged Sierra Leone from 1991 to 2002. Thousands of children unwillingly participated in the violent conflict as soldiers, spies and laborers. Many took part in attacks on their own neighbors and relatives, many faced sexual violence, many witnessed unspeakable atrocities. Sahr ... was kidnapped as a toddler and spent four years with rebel fighters, returned to rejection and isolation. Then there is Isatu, age 12 when rebels attacked her village, capturing her and her sister. Isatu’s experience upon her return was much different. Initial support from her family and community, combined with her own motivation, led to more help from an extended network. “Isatu’s perseverance generated additional ripples of support, soon to become a self-fulfilling virtuous cycle,” Betancourt writes. Isatu is now a doctor. In her new book, Betancourt ... shares what she has learned about the factors that have helped some of these people recover and even thrive. Shadows into Light is both heart-wrenching and heartening. It tells the stories of the trauma these children faced, their reunion with family, their reintegration into their communities, and their ongoing struggles and healing. One research finding is the importance of family, community, and societal and cultural influences on a person’s trajectory - what psychologist Urie Bronfenbrenner described as “social ecology.”

Tim Phillips, a veteran conflict-resolution expert, helped negotiate some of the most fraught conflicts in modern history — ceasefires of religious clashes in Northern Ireland and the establishment of what became South Africa's Truth and Reconciliation Commission after apartheid. Defusing an escalating situation ... first requires releasing a brain hijacked by defensive emotion. Phillips says it means saying to your opponent, for example: "I understand how important this is to you; I understand this is core to your identity and your community, and I respect your sacred values." It means reflecting your opponent's humanity back to them. A similar approach, he says, can help reduce toxic polarization. It's effective because in the heat of argument, people tend to demonize one another; counteracting that can neutralize assumptions of negative intent. Phillips says he's seen people emotionally disarm the opposition in a disagreement simply by recognizing their humanity. It can bring together fierce adversaries, and change history. Shirley Chisholm, the first Black congresswoman in the U.S., was battling for the Democratic presidential nomination with political rival ... George Wallace, a fierce segregationist. After he was shot in an attempted assassination, Chisholm visited him in the hospital and prayed at his bedside. "Wallace's daughter later said that that gesture of compassion completely changed her father," Phillips says. Wallace reportedly wept openly, and shifted his stance on racial segregation.

What if there was a way to create more community, instill a deeper sense of belonging, and begin bringing healing to the vast sense of isolation experienced in modern Western culture? The Gift Circle, as founded by Alpha Lo and spread by Charles Eisenstein, is a group facilitation format that holds great possibility as a way to match resources with needs, create community and inspire gratitude and generosity. The goals of a Gift Circle are simply to provide a warm, free, and welcoming space for community to gather and share Gifts and Needs, most often while literally sitting in a circle. The Gift Circle format [provides] a sense of psycho-spiritual belonging and connection to ameliorate the vast sense of alienation and scarcity experienced by so many. We would eat and socialize a bit, then gather sitting in a circle, and go around the circle with each person speaking what gift they’d enjoy sharing with the community. For instance someone might offer giving a massage, making a custom mix CD, giving a life coaching session, dance class, or a home-cooked meal – the gifts were generally more service-oriented, though there was an occasional item gifted as well, like a futon or pair of headphones. Most importantly, there would be a time at the end where we’d leave 20-30 min for givers and receivers to connect with one another directly and coordinate a time to meet up later to give or receive whatever it was. It was highly encouraged to schedule the gift or need session during that meeting, while the energy was still fresh.

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