I think we could get into an endless debate here; I would say that the classroom model is a symptom of a post-industrial society where everything must be compartmentalized, sorted, and certified by a governing authority, which thus destroys the human connection with all of human endeavor; you, and I apologize for putting words in your mouth, would likely say that we never could have gotten to the point of a post-industrial society where you and I could debate the merits of industrialized math education on the internet without the classroom. Assuming my projection of your argument is accurate, I'm not even sure you're wrong.
It's just that whatever they're teaching today is bad, and I think it's worse than not teaching it at all. People come out of school and college technically skilled but intellectually hobbled. I don't know if the system itself can fix that, or even if it should be fixed.
As a starting reference, I mention "the Seven Lesson Schoolteacher": http://www.uvm.edu/~rgriffin/GattoDumb.pdf
As a college instructor at a community college, you're teaching math to people who likely have spent their whole lives watching other kids easily ace exams that they struggled with, who have never spent any of their genuinely free time doing math, and who just want to be let out of school. They are products of the system.