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

Strategies for Cultural Change: Degrowth and the Use of Space

Article3

By: Francesca Van Daele

Degrowth addresses the negative consequences of consumerism (psychological stress, long working hours and positional competition) and discusses the benefits of frugal lifestyles. Henri Lefebvre, a French philosopher from the 20th century, argues that if ideas or values are not physically implemented in space, they become mere fantasies. As such, if degrowth wishes to prevail, it has to leave it...

Blog

Five Take-Homes from the Degrowth Conference in Budapest

Peter p 9

By: Steffen Lange

The fifth international Degrowth Conference is over, the call to host the sixth has been opened. A lot could be said about the conference, yet I do not intend to give a comprehensive overview, nor examine how it stands in relation with the former conferences. Instead, I want to share five aspects of the conference, which I found particularly insightful. 1. A Degrowth Conference in Hungary? ...

Blog

Transition Townspeople, We Need To Think About Transition: Just Doing Stuff Is Far From Enough!

Compost ruth hartnup

By Ted Trainer The Transition Towns movement, and related initiatives such as Eco-village, Permaculture and Voluntary Simplicity movements, are taking the first steps that must be taken if we are to solve global sustainability and justice problems. But I want to argue that unless they (eventually) undertake significant change in their focus and goals they will [...]