Logo degrowth
Search
Support us

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

Video: Degrowth Summer School & Climate Camp 2015

The Degrowth Summer School 2015 took place at the climate camp in the Rhineland. The Rhineland is one of the biggest lignite mining regions, the biggest source of CO2 in Europe. To protest against climate-damaging industry and resource extraction, different movements which have a lot in common and share ambitions get together and work on alternatives and a social transformation. A video by Raut...

Blog

Life in a Bauwagen

Leben im Bauwagen [Life in a Bauwagen (construction trailer)] from Marc Menningmann on Vimeo. During the Degrowth Conference in Leipzig in 2014 the photographer Niko Baumgarten opened his Bauwagen for passers-by. Anyone interested was invited to get some impressions and to look at his picture series "Welcome Home", which deals with alternative ways of housing.

Blog

Integrating Ecology and Economics

Casse

Attempts to integrate economics and ecology have been based on one of three strategies: (1) economic imperialism; (2) ecological reductionism; (3) steady-state subsystem. Each strategy begins with the picture of the economy as a subsystem of the finite ecosystem. Thus all three recognize limits to growth. The differences concern the way they each treat [...]