Editorial | May 21,2022
September 19 , 2020
By Christian Tesfaye ( Christian Tesfaye (email@example.com) is a researcher and Fortune's Deputy Editor-in-Chief whose interests run amok in the directions of political thought, markets, society and pop culture. )
Few terms describe the current state of humanity as "overconsumption." It is a phenomenon that is taking place in Ethiopia as elsewhere. It applies to the economic as well as the socio-political spheres.
Fortunately, more than at any time before in history, there is an abundance of information and historical knowledge to pull from to tell how present behaviours and actions will impact future generations. It is also visible how the rate of consumption of the planets resources and socio-political capital at humanity’s disposal will leave future generations with little space to breathe - literally and metaphorically.
Overconsumption is most perceptably taking place in the economic space, where the natural resources needed for growth are being exhausted. Centuries of industrialisation has undoubtedly produced the means with which poverty could be addressed, through abundant cheap food and easily producible goods.
But this has also been taken to an extent where the Earth’s atmosphere and habitable environments for the planet’s diverse fauna and flora are being devastated by greenhouse emissions.
The end result is predicted to be severe climate conditions, including the rise in sea levels and wildfires. These problems will be most negatively felt by later generations, especially those in developing countries, who may never have a chance to turn matters around for the better – it will be too late by then. The solution thus lies with us, and the extent to which we are willing to limit overconsumption.
This has to do with having the courage in our convictions to eat less meat, reduce the use of fuel-powered vehicles and renounce plastic packaging.
But the problem does not only express itself in consumerism. There is also the devastation being wrought on socio-political capital. This has been through the exhaustion of institutions and liberal values and norms that were accepted at least in name, if not in practice.
The end of the Cold War has been attended by a rise in identity-based conflicts around the world. Liberal democracy is on the retreat. Even countries such as the United States have come to question their liberal roots.
Multilateral institutions, built after the Second World War, which played a huge role in creating a more stable, less poor and open global world order, have been weakened. An improving global environment of goodwill and understanding – at least in relative historical terms - is being weathered away by the zero-sum game of identity politics today.
The prevailing thinking today seems to be that democracy - and in some cases socialism - is no longer an ideal to strive for. It is instead a Western concoction, forced on less economically and militarily dynamic peoples that had their own socio-political systems. The race taking place across the world is to indigenise into respective nationalisms that are only justifiable within their lingo-cultural and religious frameworks.
How dangerous this is - in dealing a severe blow to the globalisation of liberal ideas, norms and values - is barely understood. But it is taking place, and similarly finds itself expressed in Ethiopia. Ironically, the devaluation of liberal democracy is taking place within an environment that should have been suitable for it: social media. Unchastened by goodwill and facts, platforms for discourse, which should have been a supportive element of democracy, are being exploited to make liberalism unworkable within the current political climate.
This dwindling socio-political capital – which has had liberal roots and strong multilateral institutions – will mean that future generations of different religious, national and cultural backgrounds will no longer have mechanisms to communicate, understand and accommodate each other. The fault for this will be on the shoulders of today’s generation, which have become unable to maintain institutions and values that have been inherited.
There is thus no doubt that a way of life for current populations of the world – in terms of their consumption behaviour and rejections of strong multilateral institutions and liberal values and norms – are likely to leave very little natural and socio-political capital for the generations that are to come.
Perhaps, it may help to think of the consumption of socio-political and economic resources within the lens of the Doughnut Economic Model. The hole inside the Doughnut is a state of lack of basic goods and rights. Venturing outside the boundaries of the crust of the Doughnut is tantamount to falling off a cliff, where natural resources are absolutely exhausted and political and democratic rights are misused to give power to populists and nationalists.
The Doughnut is our safe haven. We have to live within its boundaries - by reaching a balance between overuse and underuse.
PUBLISHED ON Sep 19,2020 [ VOL 21 , NO 1064]
Editorial | May 21,2022
Covid-19 | Sep 04,2021
Fortune News | Aug 07,2021
Films Review | Sep 04,2021
Fortune News | Oct 02,2021
Life Matters | Feb 12,2022
News Analysis | Jul 03,2021
Advertorials | Sep 13,2021
Fortune News | Jul 18,2021
Radar | Jul 18,2021
Photo Gallery | 52944 Views | May 06,2019
Fortune News | 45928 Views | Jul 18,2020
Fortune News | 44696 Views | Sep 01,2021
Photo Gallery | 44675 Views | Apr 26,2019
Commentaries | Jun 25,2022
Life Matters | Jun 25,2022
My Opinion | Jun 25,2022
Sunday with Eden | Jun 25,2022
Agenda | Jun 25,2022
Editorial | Jun 25,2022
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
October 16 , 2021 . By HAWI DADHI
Residing in a country with no capital market, an organised marketplace for trading se...
August 28 , 2021 . By HAWI DADHI
The streets of Addis Abeba are as varied as they are many, although too many of them have yet to be named. From the narrow alleyways of the...
Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...
When the country’s most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or tw...
June 25 , 2022
It is not the best of times to be in charge of governance in Ethiopia, whether at the...
June 18 , 2022
Some of Ethiopia's economic policymakers may take solace from realising that inflatio...
June 11 , 2022
The stereotype many people have of parliamentarians is as clueless seat fillers who exist to rubber stamp legislative bi...
June 4 , 2022
It was an institution confident in its mission, capabilities and progress that was on...
PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize
May 6 , 2019
Last year, I met a young and charming medical doctor through a mutual friend. Our friendship quickly grew. She told me about her engagement...
Some live in a distant universe where they are oblivious to norms. There are unspoken rules. For instance, if two friends dine together, unl...
June 25 , 2022 . By TSION HAILEMICHAEL
Regional state officials and cement distribution agents are in an uproar over new rul...
June 25 , 2022 . By BERSABEH GEBRE
Mayor Adanech Abiebie has won the approval of the Addis Abeba City Cabinet to give re...
June 25 , 2022 . By BERSABEH GEBRE
The Addis Abeba City Administration is undergoing an extensive reshuffling leading th...
June 25 , 2022 . By RUTH TAYE
Dashen Bank has rolled out a data centre for nearly a quarter of a billion Birr. Installed by two local firms, the centr...
Or see contact page