Title: Provocation: Business schools and economic crisis – The only true wealth is the wealth of the mind

Authors: Les Worrall

Addresses: Coventry Business School, Coventry University, Priory Street, Coventry, CV1 5FB, UK

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.

Keywords: business schools; economic crisis; financial crisis; managers; managerial elite management teaching; business fashions; management research; management education; business education; higher education.

DOI: 10.1504/IJMCP.2010.031296

International Journal of Management Concepts and Philosophy, 2010 Vol.4 No.1, pp.7 - 12

Published online: 29 Jan 2010 *

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