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The Golden Passport : Harvard Business School, the Limits of Capitalism, and the Moral Failure of the MBA Elite: Book by Duff McDonald

The Golden Passport : Harvard Business School, the Limits of Capitalism, and the Moral Failure of the MBA Elite

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ISBN: 9780062347176    Publisher: HarperCollins Year of publishing: 2017     Format:  Hardcover No of Pages: 688        Language: English
A riveting and timely intellectual history of one of our most important capitalist institutions, Harvard Business School, from the bestselling author of The Firm With The Firm, financial journalist Duff...Read more
A riveting and timely intellectual history of one of our most important capitalist institutions, Harvard Business School, from the bestselling author of The Firm With The Firm, financial journalist Duff McDonald pulled back the curtain on consulting giant McKinsey & Co. In The Golden Passport, he reveals the inner workings of a singular nexus of power, ambition, and influence: Harvard Business School.

Harvard University occupies a singular place in the public's imagination, but HBS has arguably eclipsed its parent in terms of its influence on modern society. A Harvard degree guarantees respect. An HBS degree is, as the New York Times proclaimed in 1978, "the golden passport to life in the upper class."Those holding Harvard MBA's are near-guaranteed entrance into Western capitalism's most powerful realm--the corner office.

Most people have a vague knowledge of the power of the HBS network, but few understand the dynamics that have made HBS an indestructible and powerful force for almost a century. As McDonald explores those dynamics, he also reveals how, despite HBS's enormous success, it has proven an equally enormous failure at the stated goal of its founders: "the multiplication of men who will handle their current business problems in socially constructive ways."While HBS graduates tend to be very good at whatever they do, but that is rarely the doing of good.

In addition to showing the inner workings of this exclusive, if not necessarily "secret" club, McDonald explores two hugely important questions: Has the School failed at reaching the goals it set for itself? And is HBS therefore complicit in the moral failings of Western capitalism?

At a time of soaring economic inequality and growing political unrest, this hard-hitting yet fair portrait offers a much-needed look at an institution that has had a profound influence not just in the world of business but on the shape of our society--and on all our lives.

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About the author: Duff McDonald
Duff McDonald is the author of the New York Times bestseller The Firm: The Story of McKinsey & Its Secret Influence on American Business; Last Man Standing:... Read more
Duff McDonald is the author of the New York Times bestseller The Firm: The Story of McKinsey & Its Secret Influence on American Business; Last Man Standing: The Rise of Jamie Dimon and JPMorgan Chase; and the co-author of The CEO, a satire. A contributing editor at the New York Observer, he has also written for The New Yorker, Vanity Fair, New York, Esquire, Fortune, Business Week, Conde Nast Portfolio, GQ, Wired, Time, Newsweek, and other publications.
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