Provocation: Business schools and economic crisis – The only true wealth is the wealth of the mind
by Les Worrall
International Journal of Management Concepts and Philosophy (IJMCP), Vol. 4, No. 1, 2010

Abstract: This paper argues that financial and economic crisis reflects the way that managers and the managerial elite often make fallible and self-interested decisions. Business education has contributed to this through a conditioning process, where educators have reduced the content of business education by neglecting its basic disciplinary concepts and preferring a soft agenda that panders to fashion and student complaints about 'difficult work'. This is supported by university managers who see business schools as sources of income and the embodiment of a business focused agenda.

Online publication date: Fri, 29-Jan-2010

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