ABSTRACT

This chapter begins with an analysis of Local Exchange Trading Schemes (LETS) allowing the actors to construct their opening frames through an introductory narrative about Manchester LETS, LETSGo, and Hattersley LETS. Manchester LETS was founded in November 1992 with 120 members and, according to LETSLink United Kingdom (UK)'s survey, quickly grew to be one of the largest LETS systems in the UK. LETSGo Manchester was a development project initiated by the founder of LETS, Michael Linton. Hattersley estate is a large early 1970s, low-rise relocation estate in the Pennine foothills outside Hyde, Greater Manchester, built to take residents from inner city clearances from Moss Side and Hulme, in Manchester. The reconstituted system called itself as 'Tameside and Glossop LETS', covered much of east Greater Manchester, and used the Bobbin as its unit of currency – although it maintained a strong focus on the estate.