EMBA programs teach how to manage the Keynesian regime, and it perpetuates the misery of capitalism. Giving freebie "education" to party officials gets you favoritism in the future. Xi strikes back.
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The fight against graft has become Mr Xi’s signature policy since coming to power in late 2012. The latest move arises from concerns that executive management training such as part-time MBAs are hotbeds for networking, as they are globally. In China the fear is that these guanxi, or connections, are prone to corruption, bribery and rent-seeking.All hail the Communist Party in the fight against rent-seeking!
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