I am sure I am in the minority here but I believe there are way too many people getting PhDs just to get a job. I am not blaming the candidates/graduates becaus

I am sure I am in the minority here but I believe there are way too many people getting PhDs just to get a job. I am not blaming the candidates/graduates because that's what the job market requires these days but there is something seriously wrong with that picture. It takes a lot of public capital and goodwill to support PhD programs and in many aspects PhDs have become glorified professional degrees. I also see a lot of half-baked thesis that would not have passed muster two decades ago but advisors are more interested in building his/her brand within public and private domains.