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 Conference 2016 ends with large coverage in Hungarian media

Budapest closing

By: Christiane Kliemann

As Vincent Ligey, coordinator of the Budapest Conference organizing team mentioned in the closing plenary, it was an experiment to hold an international degrowth conference in a former socialist country where the soil for degrowth ideas is not particularly fertile. The more it came as a surprise that the conference had received a widespread coverage in Hungarian media. Szandra Koves, press out...

Blog

A development vision for rural Africa

Tiyeda and seda

Without trying to give definitions of growth or degrowth everybody knows anyway, I would like to emphasize that these phenomena were always subject to discussions. Even a non-economist knows that it is impossible to talk about growth without mentioning ideas like increases in production factors, industrialization or economic development. Any increase has to come to a [...]

Blog

Rob Hopkins: Transition Town is the practical manifestation of a postgrowth society

Rob Hopkins is the founder of the Transition Movement. We interviewed him for the Stream towards Degrowth during the launch of his new Book “The Power of just doing Stuff - How local Action can change the World” in Bielefeld. Watch the video to hear more about the connections and differences between the Degrowth and the Transition Movement.