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

UN climate talks: 'in moral terms… it’s evil!'

Angela chile fff low res

By: Nick Breeze

The negotiators at this year's COP25 in Madrid achieved nothing, despite warnings from many voices about the acceleration of the climate crisis. The UN climate negotiations in Madrid, COP25, have amounted to precious little. The extended talks have provided the opportunity for petrol states and developed countries to excise the red lines of developing countries from the text of the...

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

Degrowth Conference 2016 ends with large coverage in Hungarian media

Budapest closing

By: Christiane Kliemann

As Vincent Ligey, coordinator of the Budapest Conference organizing team mentioned in the closing plenary, it was an experiment to hold an international degrowth conference in a former socialist country where the soil for degrowth ideas is not particularly fertile. The more it came as a surprise that the conference had received a widespread coverage in Hungarian media. Szandra Koves, press out...