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

Breaking the chains of delusion -Technological progress mythologies and the pitfalls of digitalization

37477886334 2824c59754 z

By: Fabian Scheidler

When it comes to technological development, I often hear the words: What can be done will be done – sooner or later. Many people think that technological development follows a path directed by quasi-natural laws that head into one and only one direction – called “progress” – which is: to use more technology, more complex technology, more expensive technology, more powerful technology. Now, if t...

Blog

How to Integrate Degrowth into All Aspects of Life: Some Thoughts on the Budapest Conference

Corinna budapest

By: Corinna Burkhart

The picture above shows some of the statues decorating the northern entrance of the Corvinus University in Budapest where the recent Degrowth Conference took place. The building has not always been a university. It once was a place of trade, and the statues over the entrance depict virtues which, back then, were considered central to trade. Virtues like courage, faith, love and honesty. When di...

Blog

Critical Self-Reflection as a Path to Anti-Capitalism: The Degrowth-Movement

By: Dennis Eversberg

Although growth-critique is currently in vogue and degrowth is mentioned favorably even by the pope in his most recent encyclical, there is as yet almost no scientific research on degrowth as a social movement. We can now present the first empirical findings on the character of this movement, based on a survey we did at the 2014 Degrowth-Conference in Leipzig, in which 814 conference participa...