Tuesday, November 18, 2008

The Harvard MBA Feudal System

Forget Adam Smith, the prophet of America’s real religion. Forget that he knew the value of an organization rested in the labor, not the management. Forget all that. Forget dignity and common sense. Forget consequences.

Instead, let us take a moment to regale our munificent lords. Verily, let us raise our hands to toast those who are known not for riding into town in shining armor, but rather for fleeing the scene in golden parachutes. Yea, those Masters of the Universe who have fought their way up through the ranks, with nine iron couched astride their Michigan-born steeds, squires of the Harvard Business School and its pedigreed cousins with names like Wharton, Sloan, and Fuqua.

To them, I say, please shut up. If you win, take your money, sip something expensive for me while you lounge away your retirement in the south of France. If you lose, drop your head and admit you are a loser. Do not expect me to bail you out.

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