Folks in academia who ought to know better are suggesting that, perhaps, our current business near-depression would have been averted if MBA courses had done a better job teaching ethics courses.
To begin with, the financial problems experienced by Wall Street and business have little to do with business ethics. That is an eternal figment of the Academic Left’s imagination. It provides more fodder for ethical discussions in politics and government circles and the media.
That isn’t to say, there is no room for teaching ethics in business and finance, along with the responsibilities of executive management and boards of directors. But leave it to the Academic Left to repeat its war on capitalistic culture at the slight note of a recession.
Ethics is a subject to be considered in all walks of life at all times. It cannot be taught exclusively in business schools as the end-all to nirvana. Just as it isn’t the solution to what ails the apparent lack of ethics in college graduates these days.
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