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

Support us

Blog

A swimming commons

4

For many of us, swimming will have provided a temporary relaxing escape from the pandemic and searing heat in the recent summer months. In this piece republished from Undisciplined Environments, Elliot Hurst suggests the activity holds more radical potential than one might think. In Aotearoa New Zealand, shortly after arriving at the strategy gathering of a youth climate group, a friend ...

Blog

Naomi Klein, Bill McKibben endorse anti-coal action in the Rhineland

Schaufelradbagger

In two statements, internationally renowned climate-activists Naomi Klein and Bill McKibben have raised their voices to support the mass-action against coal-mining in the Rhineland that will take place right after our summer school. Naomi Klein, author of "This changes everything. Capitalism vs the Climate" emphasizes the importance of the German anti-coal struggle for the global climate: "Ge...

Blog

Degrowth and Radical Ecological Democracy: A View from the South

By Ashish Kothari As it becomes abundantly clear that humanity as a whole has crossed the ecological limits of the earth, and that countries like China and India are fast joining the already-industrialised nations in stressing the planet even more, the search for radical alternatives is humanity’s most urgent quest. There is no doubt that, as [...]