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Abolish Business Schools?

In his song Radio Radio, a tune so controversial that SNL didn’t want him to play in on air, Elvis Costello sang “I want to bite the hand that feeds me. I want to bite that hand so badly. I want to make them wish they’d never seen me.” But Elvis has nothing on Christopher Marquis, professor at the University of Cambridge Business School, who authored in last Sunday’s NYTimes this compelling essay calling for the elimination of business schools. In short, he argues, universities are training generations of leaders focused too narrowly on individual decision-making and the bottom line. Broader systemic questions and inquiry into what’s good for the world at large get lost. As he puts it, “Tinkering at the margins with a class on corporate responsibility or ethics is not going to help. We don’t need to ‘fix’ business schools. We need to abolish them.” Fortunately, he’s much kinder to law school, although one wonders whether some of his critique might apply.


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