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Rationality in technological choices

Taye Negussie (PhD)

 The use of technology helps us ease the burdens of doing things the hard way. But it is more meaningful when used at the right time in the right way


Ordinarily, we resort to the aid of modern technologies to carry out different tasks:  for production purpose, service provision, transporting of people or goods, or leisure activities. But, why do we employ modern technologies? What are the forces which induce us to employ modern technologies? What do we gain if we employ them and what do we lose if we don’t? Do we really foresee the pros and cons of our technological choices?

Currently we are flooded with infinite amount of state-of-the art technological devices and appliances and are bombarded with powerful advertisements on a daily base. The concern for our immediate financial profit is seen dominating any other human values we have. our well-informed and rational decisions over the choice of technology we employ hasn’t become more indispensable than it is now.

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The toll of moral underdevelopment

Taye Negussie (PhD)

“…moral development is highly informative in making sense of what is going on around us today. As evident in our political, professional, and daily social life, while those hypocrite, wicked and inept individuals are well embraced and granted significant public positions simply on account of their mere submissiveness, loyalty, affinity and relatedness; in contrast, those highly enlightened, independent-minded, and decent individuals are, by and large, alienated…”

From the March 2012 edition of Addis Standard magazine


One of the ironical developments evident in today’s world is the unfolding of grave social injustices - discrimination, abject poverty, inequality, and alienation–at the time when the world has registered unprecedented levels of material prosperity and technological achievements.

Some scholars attempted to associate these otherwise unlikely parallel developments to some technical faults in running the economic and political machineries; however, the real nature of the problem is quite complex and is indisputably rooted in the pervasiveness of deficiencies in moral values and characters emanating largely from psychological naivety as well as the malfunctioning of major social institutions such as government, family, religion, school and community among others.

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Why the Grameen model microfinance will not deliver in the land of Equib?

Taye Negussie (PhD)

 In Ethiopia, as of late, the word microfinance has climbed onto the top list of poverty crusaders. It’s a multi-million dollar aid industry, too, but one that will not be as effective as it is hoped to be

From the February edition of Addis Standard magazine


In the last month’s piece, I tried to demonstrate the cultural, social and economic basis of Ethiopia’s indigenous, community-based financial institution known as Equib. After glossing over the dynamism inherent in this continually evolving grass-root financial institution, which proved remarkably its vibrancy, effectiveness and responsiveness to the demands of the changing socio-economic structure, I asked whether Ethiopia needs to look outside the box of conventional financial models to undertake its ongoing development endeavors. In this piece I will try to examine why the adopted Grameen model microfinance program could not achieve satisfactorily its ultimate objective.

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