Societal Ethos and Economic Development Organizations in Nicaragua

This article analyzes efforts in Nicaragua to create ethical organizations and an ethical economy. Three societal ethea found in contemporary Nicaragua are examined: the ethos of revolution, the ethos of corruption, and the ethos of human development. The emerging ethos of human development provides...

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Bibliographic Details
Published in:	Journal of business ethics 2009-09, Vol.88 (Suppl 2), p.231-244
Main Authors:	Mària, Josep F., Arenas, Daniel
Format:	Article
Language:	eng
Subjects:	Business and Management Business Ethics Central America Climate Cold War Collaboration College professors Cooperation Corruption Economic development economic development organizations Economic globalization Economic hardship Economic sociology Economics Education Ethics Ethos Free markets Free trade Globalization Human development Interviews Liberalism Management Microfinance Nicaragua Philosophy Political corruption Political revolutions Qualitative research Quality of Life Research Research methodology Resource economics Revolution Social ethics Socialism Socialization societal ethos Society
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Summary:	This article analyzes efforts in Nicaragua to create ethical organizations and an ethical economy. Three societal ethea found in contemporary Nicaragua are examined: the ethos of revolution, the ethos of corruption, and the ethos of human development. The emerging ethos of human development provides the most hope for the nation's social and economic evolution. The practices of three successful economic development organizations explicitly aligned with the ethos of human development are described and evaluated: (1) a microfinance foundation (FDL), (2) a federation of cooperatives (FENACOOP), and (3) a local branch of an international NGO (IO-Nicaragua). The article concludes with additional reflections on the meaning of ethical organizations and an ethical economy in the context of contemporary Nicaragua.
ISSN:	0167-4544 1573-0697