Look I want kids to grow up and be able to pursue any passion they want, but we have to ask serious real world questions here about Austerity and I am starting to think we should entirely cut MBA programs and in general business education.

I know that sounds extreme, but we have to focus on training kids on skills that will actually be productive, useful and lead to new breakthroughs. We clearly need to fund the hard stuff like art, music and theater or we are going to collapse as a society and continue to fall behind more competitive nations because we got distracted by fluff and empty ideologies masquerading as knowledge, MBAs being exhibit A.

defund it in the universities and turn that resource to STEM which always anemic, unaccrediate them.

Are they? Rakuten is led by a business guru and the products are subpar unless they bought them. Also Japan has a huge deficit of native (software) engineers, so most of the engineers at this kind of companies are Chinese and Indian. Which companies are you thinking about?

Line go up

A lot of it isn't an "insistence" per se as much as it's company founders who did have some kind of connection with the product the company makes dying or retiring and getting replaced with people who don't.

Ironically, the MBA was originally created as a way for people with degrees in more "boots on the ground" positions to learn about business so they could more easily move into management positions. What it's morphed into is unfortunate.

Making money by shuffling money around.

What school encourages ethical business practices? Most schools have a 1 credit hour class on business ethics, but really teach you legalism and how to avoid breaking the law. Nowhere are they teaching actual ethics in business

The point is we don't need more MBAs, we need people educated in useful skills. Should every MBA program be closed? No probably not, but we definitely have way more than we need. Cutting funding for things like MBA scholarships and closing down the majority of those programs will go a long way towards moving the majority of potential future MBA students into useful programs. We need less managers and more engineers, fewer CEOs and more chemists, hell fewer analysts and more plumbers.

There are many problems with modern capitalism and even if we never handed out another MBA degree again that would not even remotely solve everything, but the MBAs are making the problem worse. It's a minor thing but it's an easy thing to do and it would make a difference small as it is.

Sort of, there are actually smart people who go there too. The kids with connections to the jobs pull smart kids with them and then use them as workhorses and basically claim all the glory from their work. Then you might get poached by someone willing to pay more who is less abusive.