THE GOLDEN PASSPORT
Harvard Business School, the Limits of Capitalism, and the Moral Failure of the MBA Elite
Duff McDonald
Harper Business/ HarperCollins Publishers
657 pages; $35
When the Harvard Business School was founded in 1908, the first entirely graduate-level professional business programme in the country was described by the future Harvard president Abbott Lawrence Lowell as a “great” but “delicate experiment.” Today the school is indisputably great, but hardly delicate. It accepted just 12 per cent of nearly 10,000 MBA applicants in 2016. Eighty-nine per cent of those who were accepted attended, which means that Harvard remains the

