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Jun 27, 2026
Business School and the Noble Purpose of the Market
Correcting the Systemic Failures of Shareholder Capitalism
Summary
Today's business schools were designed for a world that no longer exists. Capitalism raised the standard of living for billions of people over the past 150 years, but is now causing systemic challenges it is unable to address. Business School and the Noble Purpose of the Market: Correcting the Systemic Failures of Shareholder Capitalism (Stanford Business Books, 2025) explains the intellectual foundation MBA students, faculty, and administrators need to reform, how to restore capitalism to its noble purpose. It provides a practical program for amending curriculum and pedagogy, changing student and faculty rewards, and bringing a new spirit and sensibility to the business school.
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