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

Degrowth: the realistic alternative for Labour

7984823115 e748563048 o

By: Mark Burton

Degrowth poses a fundamental challenge to a Labour Party that has yet to decide how far it wishes to transcend – and not merely reform – a growth- oriented, capitalist political economy. The British Labour Party has seen a resurgence of radicalism since the 2007-8 financial crash. With the collapse of the authority of neoliberalism, a space has opened for alternative ideologies, theories and...

Blog

Tweeting with ‘the enemy’

Chernobyl

By Giorgos Kallis Well, that was an interesting week! After publishing two rebuttals of the eco-modernist manifesto, I got swirled into twitterlandia, and exchanges with an amazing cadre of characters. First came the leaders of the Breakthrough Institute, with whom I had civilized conversations about the GDP of Japan and whether it is growing or not; the energy return on investment (EROI) of ...

Blog

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

Wsf1

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...