First off thanks for all of the replies so far.
My first impression upon hearing about these time banks was "Clearly this is capitalism at is simplest!" My reasoning was this: In capitalism, you
own property. This includes yourself via your labor, and all that your labor produces. Because you own these, they are yours to do with as you see
Currency is a direct, tangible reflection of this labor. When you spend a dollar, you are really exchanging your labor for someone else's.
Then, I began thinking about it more, and it seemed to me that this system of time dollars really does one of two things: Either it incorporates
elements from almost all socio-political-economic systems, (it lacks need for a State, lets each person decide how and where to trade their labor, and
also creates a closer equality regardless of "social status")
All of these systems have more in common than they care to admit.
It seems to me that if the later were true, and if ideas like this were to catch on, we could be well on our way to to establishing once again, a
"more perfect union". As stated in the OP, I think deep down we all yearn for the same things out of life, and no system by itself is free from
flaws. Granted, I am somewhat biased; leaning in favor of capitalism, but then again I am a very independent kind of guy.
From the standpoint of capitalism there is one thing that I cannot tolerate (even though in our current paradigm I an forced to tolerate), which is
being forced to spend the product of my labor in a way that is not of my choosing, by an outside entity such as government.
I think that when we are at the precipice of our demise, then change will come to our paradigm. That it will either become much more dire for the
people in general, or if more can be made aware that there is a better way and that only through determination and effort, we can take this grand
experiment that is the united States to a whole new level of equality and personal liberty, once again becoming a beacon of hope to free men the world