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

Degrowth and the emerging mosaic of alternatives

By: Nina Treu, Matthias Schmelzer, Corinna Burkhart

In the face of unfettered globalization, the rise of right-wing movements around the globe and the dangers of climate catastrophe, it seems easier to imagine the end of the world than an end to capitalism, growth and domination. However, in recent years something new has emerged to counter what Mark Fisher has called “capitalist realism:” after decades on the defensive against neoliberalism, th...

Blog

Money and precarity: degrowth organizing in a not-yet-degrowth world

Img 3284 scaled

By: Nathan Barlow

Degrowth imagines a radically different future, which is why so many have connected to its message. But it is a future which seems very distant from today’s political, economic and social system. So what does it mean, in practical terms, to organize towards a degrowth future in a highly commodified and competitive present? Fundraising for degrowth I have been coordinating the fundraising ...

Blog

No good life in a bad life? – Experiences of degrowth-oriented actors in a growth economy

Cooperation

By Jasmin Wiefek and Bernd Sommer “Wrong life cannot be lived rightly”: This famous dictum by Theodor W. Adorno1 highlights the difficulty of finding a way to individually pursue a good life in a world that is characterised by inequality, exploitation and various forms of domination. However, this question has so far mainly been dealt with [...]