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Rethinking the role consumption plays in individual well-being and societal development is key for addressing pressing environmental problems. We perceive the need to envision consumption as a social activity, which requires the active engagement of consumers in order to better enhance their quality of life. The paper focuses on the framework of Product Service Systems, one particular programme for more sustainable consumption. After reviewing the potential benefits and limitations of this programme, we explore the opportunities to learn from participatory and community-based strategies like LETS.