"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

9 tips for talking to your family about degrowth during the holidays

Stephanie bernotas sk93 af jr4 unsplash scaled

By: Nathan Barlow

The holidays are special; a chance to stop working, slow down and spend time with family and friends. The numerous family gatherings will likely involve discussions about the state of the world, politics, climate change, and maybe even degrowth. In case you find yourself in this scenario, we have put together this list of tips and suggestions for how to discuss degrowth with family and friends...

Blog

Transformative economics on both sides of the Atlantic – the new economy movement and degrowth movement

By: Nathan Barlow

Two loose movements have emerged on either side of the Atlantic with the aim of transforming the economy. In the U.S. –the new economy movement and in Europe - the degrowth movement . Both originated as critiques of the current political-economic system, and gained momentum after the financial crisis, since flourishing into nascent social movements composed of practitioners, academics, and act...

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...