Abstract

Drawing on the psychology theory and empirical findings, this study examines the perceptions of future business leaders in Latin America (henceforth, LATAM) about alternative economic paradigms not based on indefinite economic growth (i.e., post-growth paradigms). Based on a survey among 186 MBA students from six LATAM countries (Argentina, Chile, Ecuador, México, Peru, and Uruguay), this study finds evidence of both justification of the dubbed “growth ideology” and signs of critique or the ambivalence about the role of economic growth in enhancing environmental sustainability and societal well-being. This study contends that the current signs of cognitive dissonance among participants expand opportunities for cognitive change to embrace discussions about alternative modes of sustainable development. We discuss the implications of our findings for management and sustainability education.

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