"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

Rojava: building an ecological society

By: Make Rojava Green Again group

In Rojava (Northern Syria), in the midst of a raging war, a society based on the values of women's liberation, radical democracy, and ecology is being built. In early 2018, we, people from across the world, launched the campaign 'Make Rojava Green Again' in co-operation with the newly-established local autonomies to help find solutions to the vast destruction of nature that has resulted from de...

Blog

Manchester will host the next International Degrowth and International Society for Ecological Economics joint conference in 2020

By: The Support Group of the International Degrowth Conferences

The Support Group of the International Conferences on Degrowth for Ecological Sustainability and Social Equity met in Villarceaux, outside Paris, at the end of January. It was decided that the 7th International Degrowth Conference will take place in Manchester at the beginning of September 2020. The Manchester local organising committee sent a very strong application titled "Building Alt...

Blog

Making Another World Possible Will Require Radical Alternatives - Impressions from the World Social Forum

By Ashish Kothari If sheer enthusiasm can deliver ‘another world’, the opening rally of the World Social Forum in Tunis on 24th March held much promise. Thousands of women and men, young and old, vociferous and quiet, a colourful multitude of sloganeering, banner-holding, dancing and singing braved rain and well-below expected temperatures to march from the historic Bab Sadoun to the iconic Ba...