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

I am not alone

1ngt rc2idg6flxhjtn5xkw

By: Julia Steinberger

Dear Life, I was not aware, when I was born, that I was born onto a battlefield. I was not aware, as I learned to walk, that I was stomping over the habitats of many creatures. I was not aware, as my mother drove me to school, that we were riding roughshod over the unmarked graves of our fellow humans. I was not aware, as we flew around the world, that I was attacking my child’s chances. I was...

Blog

Integrating Southern Perspectives

Colton mining

By: Miriam Lang

How migration relates to the imperial mode of living, degrowth and new internationalism We are currently facing the most severe migration crisis in history. But this is only one dimension of a broader civilizational crisis. Thus, anti-racist movements should not focus solely on issues of human mobility rights, but also build new paths of solidarity with societies in the geopolitical Global Sou...

Blog

Deep Ecology: System Change with Head, Heart and Hand

Spider s web

By: Christiane Kliemann

Every day we are bombarded with frightening news. But how do we personally feel about them and how can we deal with them as society as a whole? Which future do I actually want for myself, for the world and for my children? And how are my personal feelings and motivations connected to the larger picture? What frightens me, what makes me angry and how can I transform these feelings into a source ...