Education
ability to use it responsibly. Some of it cannot be used responsibly, which is to say safely and to
consistently good purposes.
Fourth, we cannot say that we know something until we understand the effects of this knowledge on
real people and their communities. I grew up near Youngstown, Ohio, which was largely destroyed by
corporate decisions to "disinvest" in the economy of the region. In this case MBAs, educated in the
tools of leveraged buyouts, tax breaks, and capital mobility have done what no invading army could
do: they destroyed an American city with total impunity on behalf of something called the "bottom
line." But the bottom line for society includes other costs, those of unemployment, crime, higher
divorce rates, alcoholism, child abuse, lost savings, and wrecked lives. In this instance what was
taught in the business schools and economics departments did not include the value of good