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

Why degrowth should scare business

Pexels photo 830891

By: Iana Nesterova, Fabian Maier, Ben Robra, and Simon Parker

Recently, an article on degrowth appeared in Harvard Business Review (hereafter HBR). Rather than offering a critique of capitalism, the article proposes that degrowth may not be a threat to business after all, and in fact, there are burgeoning degrowth markets waiting to be tapped into by the risk averse. Although we applaud the authors in getting the word “degrowth” into the illustrious pages...

Blog

Why we should be wary of blaming 'overpopulation' for the climate crisis

Photomontage 556809 960 720

By: Heather Alberro

The annual World Economic Forum in Davos brought together representatives from government and business to deliberate how to solve the worsening climate and ecological crisis. The meeting came just as devastating bush fires were abating in Australia. These fires are thought to have killed up to one billion animals and generated a new wave of climate refugees. Yet, as with the COP25 climate talks...

Blog

No good life in a bad life? – Experiences of degrowth-oriented actors in a growth economy

Cooperation

By Jasmin Wiefek and Bernd Sommer “Wrong life cannot be lived rightly”: This famous dictum by Theodor W. Adorno1 highlights the difficulty of finding a way to individually pursue a good life in a world that is characterised by inequality, exploitation and various forms of domination. However, this question has so far mainly been dealt with [...]