financial sector
Harvard University's Annenberg Hall. Photo Copyright 2004 Jacob Rus via Wiki Commons.
There is something fundamentally wrong with our education system when the draws of a huge salary and big bonuses consistently trump the aspirations and dreams that were front and center in our lives just four years earlier. Debts, a lack of job opportunities in other fields, your basic standard-issue panic — or maybe a simple absence of imagination can take hold and send us running into the arms of the recruiter with the flashy suit, a Hollywood smile and promise of a better life.
As Terkel reminds us: “Young people will continue to go work in the financial sector as long as its pay is disproportionately higher than alternative careers. It's basic human nature: Follow the money.”
But what would it look like if we didn’t follow the money? What if Wall Street paid no more than schools or hospitals?
What would our economy look like if these leading young minds chose not to work for big banks and consultants, but instead were the teachers that helped turn failing schools around, the innovators and engineers who were designing products that would create thousands of new jobs?
What needs to be done so that the finest members of the 2012 graduating class head to Main Street instead of Wall Street?
How helps us understand that principled behavior isn't merely something a PR/Corporate Social Responsibility staff or attorneys tell us is important. Rather it is the surest path to success and relevance in business and in life.