In the USA we have fallen behind in the number of students who finish their proposed collage major. We also have the fourth lowest collage participation among competitive countries. Additionally, there seems to be a growing anomaly that has self-perpetuated since the late 1980s -that anomaly is what type of collage majors are actually graduating and entering society. The vast majority of collage graduates are located primarily in the discipline of Business (marketing, financing, accounting, and economics). Nevertheless, the USA -and much of the world- has seen a large slow-down in certain technological advances compared to prior decades. Additionally, we have seen a change in the total world population being considered in a state of "extreme" poverty, which has increased slightly since 1990 - but also there has been a jump in the number of people who are impoverished. Finally, there have been more economic problems since 1980 to 2008 than in the last 110 years combined! Who are we to thank? Is it not true that our society and its functioning depends on the younger generation which educates itself to become the leader? Yes, but why all the problems? One of the reasons for the problems we are experiencing, is the sever polarization of higher-education toward business majors and business related majors.
Why is such polarization bad? This answer is quite simple; as we progress toward one side of the spectrum of education we experience a imbalance of the collective and progressive thought of society, which also leads to less people (especially intelligent and productive people) participating in studies that could produce great beneficial discoveries for mankind. Nevertheless, those people have opted-out and have joined the dark and greed infested world of the merchants, and thus, we have seen a incredible -and unjustifiable- growth in world economies. This augmented growth in business majors is relative to other aspects (I am aware of this), but it has been principally generated by this idea that "business is the only way to go to make money." Of course I am aware that we must make "money" to survive -but do we make money to enrich our selves, to help others, or to use resources unnecessarily?
As I had noted earlier, there has been a reduction in extreme poverty in the recent ten years, but there has been an increase in poverty. This increase in poverty is partially due to the proliferation of large companies into third-world nations that take UNFAIR advantage of the lives of some of the desperate populations. Some may hold that such companies are doing a favor, and that the proliferation of business majors has lead to the increase from Poverty X to Poverty Y (Y being somewhat better than X). This is not a valid argument. The number of impoverished people has risen disproportionally to the amount that has left extreme poverty, so that means that some people have actually lost economic status.
Moreover, we have personally witnessed what happens to world economies when you let some ignorant money-savvy chump sit behind a desk and make millions of dollars a year by only knowing how to manage some company. Those men -and their greed- have caused a down fall of many american and human lives. This is unacceptable!
We have also seen a decline in human morality/ethics. It has been reported that white collar and 'simple' crimes have increased 20% in the last decade on a world-wide scale!
Now, all you economic majors should be aware of these states -after all you are a "Social Science" rigt? Yes, you are, but what has happened is that one of the most solid social studies has degenerated into the field of business. You see businessmen are cunning, and they know that economic majors should have some knowledge of how things move in society. Since their product deals with society it is logical to higher them -right? (By the way, I don't actually believe that many businessmen are logical)
The problem is that economics has taken its rank with finance guys, marketing people, and the exploitative sales jerks. Many economic majors that I speak to don't know @#!! about @#!! This is sad, and is the result of people thinking they can get a degree and go work for some major financial investment bank or firm and become rich! What good will that do, I ask? Going and sitting behind a desk making far more money than many of the worlds people, at the cost of the workers of society? Is that ethical?
So, I guess you could say that I shame you business majors. I shame what you have done to society, and you completely wastefulness. I also spit upon your misconceived notion that -if I am a businesses degree-holder, I will some day have my big company that makes me lots of money- in realty the majority of you guys run companies for guys that never went to school or studied something else.
We need, as a nation, revert back to the basics, the classics. Things that will allow us to survive are: Science, mathematics, physics, philosophy, sociology, engineering, chemistry and the like.
To bad that human egoism is so prevalent... God bless america.
It is important to note that universities are, traditionally, the place of "higher-learning," and that should and would not usually include business studies; so, I think that we should just put all business studies in junior colleges or tec-schools (oops again.. they already do).
Here are some sources.
1) Major stats.
2) Major state 2