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

Portrayals of Degrowth in the Press: ‘Free market magic’ vs ‘Radical doomsayers’

Portrayals

By: Anna Pringle

This blog post analyzes press coverage of degrowth in Western European (English language) newspapers and magazines between January 2015 and October 2020.  Using media theory concepts such as agenda setting and framing, it explores how degrowth is being considered in the press, particularly as a potential response to climate change.

Blog

Degrowth: an active project of hope

20170409 160359 scaled

By: François Schneider, Joanna Pope

Degrowth is a movement that explores another direction for society, one where ecological and social justice become possible, along with more meaningful lives. While there is no single definition for degrowth, this entry attempts to offer some guidance for understanding degrowth in all its diversity. First, degrowth is a variety of challenges to the current status quo. Secondly, degrowth ...

Blog

Paving the way for post-growth policy-making: A co-creative process to advance the degrowth movement

14700996433 d798702b07 o

By: Colleen Schneider, Elena Hofferberth, Jonathan Barth, Lukas Hardt

Given the strategic indeterminacy of the degrowth movement that has been discussed in earlier articles within this series, we will consider the role that policy may play within the broader scope of a degrowth transformation and as one important focus within a plurality of movements. Specifically, working to move the focus of policy towards instruments that shift the rules of the competitive env...