"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

Chile woke up from its neoliberal nightmare

By: Constanza Hepp

Chile despertó, “Chile woke up” reads the main slogan used in the massive protests that have brought Chile to a halt. People flooded the streets demanding deep structural changes in enormous, mainly peaceful protests, the biggest one of which took place on 10/25 gathering more than one million people. No son 30 pesos, son 30 años No son 30 pesos, son 30 años, reads another popular protest ban...

Blog

Summer School 2016: „give degrowth concepts a reality check“

It´s now the second time that the Degrowth Summer School will take place at the Climate Camp in the Rhineland. While last year´s event was under the banner of climate justice, this year it is called „skills for system change“. We´ve asked Christopher Laumanns from the organizing team about the reasoning behind it and what to expect at the camp. Why is the fusion between degrowth and the cl...

Blog

"Radical democratization of all public domains"

Interview with Katja Kipping Katja Kipping is chairwoman of the German Left Party and Member of the German Parliament. Besides her engagement for good working conditions in her capacity as spokesperson for social affairs, she supports the exchange between party politics and civil society through engaging in social movements such as the network for unconditional basic income. For this interview...