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

Integrating Southern Perspectives

Colton mining

By: Miriam Lang

How migration relates to the imperial mode of living, degrowth and new internationalism We are currently facing the most severe migration crisis in history. But this is only one dimension of a broader civilizational crisis. Thus, anti-racist movements should not focus solely on issues of human mobility rights, but also build new paths of solidarity with societies in the geopolitical Global Sou...

Blog

Beyond Paris: avoiding the trap of carbon metrics

Emissions 1

By: Camila Moreno

Until recently terms like “carbon accounting,” “carbon footprint” and “carbon offsetting” would have raised some quizzical eyebrows among the general public. Today, such carbon-based metrics are everywhere, but are they helpful or unhelpful in motivating the necessary action on climate change? Although the case for metrics may seem incontrovertible, what is measured is always a political choic...

Blog

Life in a Bauwagen

Leben im Bauwagen [Life in a Bauwagen (construction trailer)] from Marc Menningmann on Vimeo. During the Degrowth Conference in Leipzig in 2014 the photographer Niko Baumgarten opened his Bauwagen for passers-by. Anyone interested was invited to get some impressions and to look at his picture series "Welcome Home", which deals with alternative ways of housing.