Logo degrowth

Blog

"The dollar is approaching its collapse, which will force a reconfiguration of our systems of money, finance and banking"

14.02.2014

Interview with Ole Bjerg Ole Bjerg is associate professor at the Copenhagen Business School. He writes for the ephemera Journal and is one of the organizers of the conference "Organizing for the post-growth economy". He gave us a short interview for the Stream towards Degrowth.  

Imagine we're living in the future, say in the year 2030, in a time of well-being. Humanity
enjoys a good life beyond economic growth. Let's look back at the last few decades.
1. In what respect did society depend on growth? Society depends on the growth of living organisms, plants and animals. However, this kind of growth is taking place within a natural cycle of life and death so that nothing grows infinitely. 2.What obstacles impeded a turning away from economic growth? The major obstacle was the creation of money by banks as interest bearing debt. As soon as this obstacle was overcome through a monetary reform the need for perpetual economic growth became obsolete. 3. How did your actions contribute to a society beyond growth? Through my writing and teaching I played an active role in raising the awareness of the detrimental effects of the past monetary system and the benefits of the implementation of a new system based on full reserve banking. 4. From your point of view, what does well-being imply in a society that consciously chose low production and consumption levels? Freedom in the sense of being in control and in contact with the means of one’s own subsistence. 5. Which signs for a world beyond growth did you already notice in 2013? That the dollar is approaching its collapse, which will force a reconfiguration of our systems of money, finance and banking.

Share on the corporate technosphere


Our republication policy

Support us

Blog

Time and catastrophism on the magic mountain

Safety last

By: Gareth Dale

At the recent World Economic Forum (WEF), a gathering of business and political leaders in Davos, it was noteworthy that WEF Director, Klaus Schwab, attempted to integrate ‘time’ into his diagnosis of the ecological crisis. "Shorter terms of office cut time horizons for decision-makers. The urgent scientific message on climate change finds it hard to cut through the news cycle." Schwab’s...

Blog

Degrowth Meets Convivialism: Pathways to a Convivial Society

By: Frank Adloff

The concept of convivialism has attracted some attention in recent years. When giving it a closer look – even superficially – it soon reveals its proximity to the degrowth concept and movement. But what exactly constitutes this proximity and where are the differences? Below I will give a short summary of what we can understand by degrowth in practical and theoretical terms. Then I will continue...

Blog

Revolution, Part 1: The End of Growth?

Fig51

By Nafeez Ahmed New research suggests that the ongoing global economic crisis is symptomatic of a deeper crisis of industrial civilization’s relationship with nature. The continuation of the crisis, though, does not imply the end of the world – but rather is part of major phase shift to a new form of civilization that could either adapt to post-carbon reality and prosper, or crumble in denial....