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

Entry Points for Transformative Politics: The Power of Unstated Premises

Krueger habil

By: Timmo Krüger

While the limits and failures of our current economic and political system are known and repetitively pointed out by degrowth research, we have a deficit in the area of strategic planning for transformative politics. What is missing are entry points for politicizing and changing social values, norms and institutions. To do this successfully, it is useful to detect how hegemonic values are embed...

Blog

Undoing the Ideology of Growth: Hegemony, Path Dependencies and Power in the History of the Growth Paradigm

Hegemony of growth

By: Matthias Schmelzer

Degrowth aims at undoing growth. Undoing growth both at the level of social structures and social imaginaries. Although the focus is very often on the latter, i.e. the “decolonization of imaginaries” as put by Serge Latouche, the degrowth perspective still seems to lack a comprehensive understanding of the role of ideology, the path dependencies and the power that shape these imaginations. Degr...

Blog

Rob Hopkins: Transition Town is the practical manifestation of a postgrowth society

Rob Hopkins is the founder of the Transition Movement. We interviewed him for the Stream towards Degrowth during the launch of his new Book “The Power of just doing Stuff - How local Action can change the World” in Bielefeld. Watch the video to hear more about the connections and differences between the Degrowth and the Transition Movement.