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“[F]or going on 40 years now, the primary business model for the American corporate class has been fraud.”

Why do you think Beware the B-School Boys is one of this blog’s perennially popular categories? If the statement in my headline is true, or roughly true, what do you think places like Wharton, which not only produced Donald Trump and Raj Rajatnaram and Steven Cohen and many of their, er, close associates, but boasts a long glorious history of producing scads of America’s most spectacular thieves, have been teaching people all these years? I mean, not the specific content of courses… I mean the gestalt.

And what a remarkable fact about American culture, that we have these gilded b-schools specializing in predatory capitalism. And the highest-profile b-school of them all produced not only the founder of Trump University, but – possibly – the next president of the United States.

Margaret Soltan, June 2, 2016 2:53PM
Posted in: beware the b-school boys

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