Column: What’s Wrong with the Harvard Business School and American Business
Professor emeritus Bruce Scott was a pioneer at the Harvard Business School, where he insisted that management training had to include the big picture, and helped craft the school’s now-mandatory MBA course, Business and Government in the International Economy (known colloquially as BGIE or “Biggie”) back in the 1970s.
Harvard Business School is the subject of journalist Duff McDonald’s new book, The Golden Passport, which examines … [ Read more ]
Content: Article | Author: Bruce Scott | Source: “PBS” | Subjects: Capitalism, Economics, MBA Related, Social Responsibility (ESG)
Bruce Scott
Shareholder capitalism has been an intellectual swindle, on a par with the trickle-down economics of the Reagan era.
Content: Quotation | Author: Bruce Scott | Source: “PBS” | Subjects: Capitalism, Economics
Bruce Scott
Completely free markets are not a recipe for prosperity; they are a recipe for plutocracy and corruption, as we are increasingly aware of every day.
Content: Quotation | Author: Bruce Scott | Source: “PBS” | Subjects: Capitalism, Economics
Bruce Scott
U.S. capitalism was and mostly still is understood as a natural system and not one that was and is socially constructed by government policy.
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“Free markets” must be one of the most overused expressions in the English language. Stated bluntly, there are no free markets in organized capitalism. All of the so-called freedoms in capitalism are conditional freedoms, and that conditionality is established by, … [ Read more ]
Content: Quotation | Author: Bruce Scott | Source: “PBS” | Subjects: Capitalism, Economics