Wouldn't learning entrepreneurship, and how to be an effective capitalist, be better for students with the changing flow of business?
Business is changing, technology changes the way business operates, also the global business culture. You hardly see a company where you can start work on the docks and if you are there long enough, work your way to an executive office. If you do not have the degree the sheepskin, you best forget about seeing the inside of an office unless you are invited. Even if you have the PhD, etc is no guarantee. At any time, you can become expendable, and forced to take an early retirement, end up terminated and lose your pension.
Would it be better teaching students how to make money than just slaving for a paycheck? Some of the most successful men Steve Jobs, Bill Gates, Daymond John, Richard Branson, and Mark Zuckerberg, never completed college or never attended. They were entrepreneurs. They made money, instead of slaving away hours at a time for it. Would not teaching students how to make money instead of being just another cog in the machine or hack on the assembly line better serve them?