"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

Eco-productivism: Ecological transition is a political issue

Photos hobby 1jepildxm7g unsplash scaled

By: Louison Cahen-Fourot

In a recent op-ed published in Le Monde, French economist – and Emmanuel Macron’s economic program inspirer – Jean Pisani-Ferry argued that economic growth was necessary to fight against climate change and called for eco-productivism. The following op-ed is a reply to Pr. Pisani-Ferry that was originally published in Le Monde (in French). Recently, there have been calls for eco-productivis...

Blog

Strategies for a degrowth transformation: How useful are historical analogies?

Capture d e%cc%81cran 2019 10 09 a%cc%80 11.29.12

By: Giuseppe Feola

Degrowth scholars and activists often turn to past cases of social or socioecological transformation for inspiration to inform transformative action in the present. Yet, there has so far been insufficient awareness of the bias that comes with using any historical analogy. The insights provided by historical analogies are limited, but can fruitfully complement analyses of the present and future-...

Blog

One decade of Degrowth International Conferences: Past, Present and Future

By: The Support Group of the International Degrowth Conferences

This year we celebrate the 10th anniversary of the first international degrowth conference in Paris, 18-19 April 2008. This event introduced the originally French activist slogan décroissance into the English-speaking world and international academia as degrowth. This year we celebrate with three conferences: the current one in Malmö, the one in Mexico City from 3 to 7 September and at the Post...