"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

Degrowth: an active project of hope

By: François Schneider, Joanna Pope

Degrowth is a movement that explores another direction for society, one where ecological and social justice become possible, along with more meaningful lives. While there is no single definition for degrowth, this entry attempts to offer some guidance for understanding degrowth in all its diversity. First, degrowth is a variety of challenges to the current status quo. Secondly, degrowth ...

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

Learning beyond Growth

By: Fabian Scheidler, Fabian Scheidler

Deschooling as a Path to Social-Ecological Transformation By Fabian Scheidler and Andrea Vetter "Deschooling is at the root of any movement for human liberation", wrote Ivan Illich, today almost forgotten but once a world-renowned critical thinker, in 1971. With books like "Deschooling Society" and "Energy and Equity” he inspired in the 1970s both the emerging environmental movement and the r...