November 17th 2018


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Articles from this issue:

COVER STORY An election-winning policy: a development bank for Australia

VICTORIAN ELECTION The left gets ready to scream 'haters!'

CANBERRA OBSERVED Nats fracas points up need for vigilance

NATIONAL AFFAIRS Divisions undermine Morrison's leadership

SOCIETY UNDER THREAT The time is now for a real deal for the family

NCC SYDNEY DINNER Speakers spark keenness for a challenging 2019

NORTHERN DEVELOPMENT Aborigines hope to benefit in Kimberley development

CLIMATE CHANGE Rising sea levels? Pacific island data says 'no'

ROYAL COMMISSION Big banks shaken and stirred in their swamp

U.S. HISTORY Slavery: a yet unresolved legacy

INTERNATIONAL AFFAIRS The U.S. and China: more than trade is at stake

SOCIETY UNDER THREAT Partisan divide must vanish for defence of civilisational foundation: Christianity

MUSIC ABBA live: just not in person or on stage

CINEMA Coco: Family and home trump 'identity'

BOOK REVIEW Remnant hopes for post-Brexit Britain

BOOK REVIEW The Great War, raw and uncensored

HUMOUR A few more snippets from Forget's Dictionary of Inaccurate Facts, Furphys and Falsehoods

POETRY

LETTERS

Books promotion page

THE GOLDEN PASSPORT:
Harvard Business School, the Limits of Capitalism and the Moral Failure of the MBA Elite

Duff McDonald

$59.99


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About the book

With The Firm, financial journalist Duff McDonald pulled back the curtain on consulting giant McKinsey & Company. In The Golden Passport, he reveals the inner works of a singular nexus of power, ambition, and influence: Harvard Business School.

Harvard University still occupies a unique place in the public's imagination, but the Harvard Business School eclipsed its parent in terms of influence on modern society long ago. A Harvard degree guarantees respect. But a Harvard MBA near-guarantees entrance into Western capitalism's most powerful realm-the corner office. And because the School shapes the way its powerful graduates think, its influence extends well beyond their own lives. It affects the organizations they command, the economy they dominate, and society itself. Decisions and priorities at HBS touch every single one of us.

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 dominant force for almost a century. Graduates of HBS share more than just an alma mater. They also share a way of thinking about how the world should work, and they have successfully molded the world to that vision-that is what truly binds them together.

In addition to teasing out the essence of this exclusive, if not necessarily “secret” club, McDonald explores two important questions: Has the school failed at reaching the goal it set for itself: “the multiplication of men who will handle their current business problems in socially constructive ways” Is HBS 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.

About the Author

Duff McDonald is the author of the New York Times bestseller The Firm: The Story of McKinsey and Its Secret Influence on American Business and Last Man Standing: The Ascent of Jamie Dimon and JPMorgan Chase, and the coauthor 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, Businessweek, GQ, Wired, Time, Newsweek, and other publications. He lives in New York.


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