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

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  • Les Worrall

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.

Suggested Citation

  • Les Worrall, 2010. "Provocation: Business schools and economic crisis – The only true wealth is the wealth of the mind," International Journal of Management Concepts and Philosophy, Inderscience Enterprises Ltd, vol. 4(1), pages 7-12.
    • Handle: RePEc:ids:ijmcph:v:4:y:2010:i:1:p:7-12
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