Is psychology fading as a stand alone discipline?

When I was an undergraduate back in the early to mid 1990's studying psychology it seemed as if the brief 100 year history of psychology was filled with break through theories and discoveries. From Freud to Skinner to Piaget to Bandura, there seemed to be some breakthrough in psychology every few years. But fast forward about 15 to 20 years and the only significant research or theory that I can think of in psychology that has came to life recently has been Gardner's theory of multiple intelligence. If you aren't familiar with it, it's quite enlightening - you can read more about it at this link (just be sure to come back and finish reading my blog!) - http://www.tecweb.org/styles/gardner.html

I know saying this that there is some PhD student yammering on about research they recently read about that is ground-breaking, but I've maintained a healthy interest in psychology as a hobby over the years despite my veering off the psychology path en route to becoming a public health specialist. Trust me, there isn't anything out there groundbreaking in psychology anymore! And I fear that a lot of what was groundbreaking in the past is not quite as groundbreaking as we once thought in the light of today's research in medicine. Freudian theories have been all but entirely disproved (those that could actually be scientifically tested), behavioral theories (my passion once upon a time) though credible don't give us the big picture when it comes to human behavior and certainly can't account for the development of mental disorders, and things like positive psychology and client-centered therapy sound good and make us feel warm and fuzzy but research has shown that most therapies geared towards such societal problems as depression and bipolar disorder are entirely ineffective.

Now that doesn't mean that psychology is entirely useless, it just means that the field is changing. Areas such as industrial/organizational psychology, training & development, health psychology, etc. - applied areas that used to be the fringe of psychology - are now proving to be the most useful as they blend with other disciplines such as medicine and business. The former "key" areas of psychology like clinical and counseling have failed to produce promised results in "curing" depression, bipolar disorder, schizophrenia, etc. In fact psychology has been proven to be almost totally impotent for treatment of these conditions. Why? Because they are the result of genetic predispositions, not environmental influences. Psychology and specifically behavioral psychology has had some success in areas where it is quite clear that the condition is learned. For example, phobias. Honestly, in this day and age given what we know about psychology, biology and medicine, it is inconceivable to me why anyone would look at clinical psychology specifically as a viable field. The few disorders that are treatable with psychological methods are treatable via short-term therapy with applied behavioral approaches and the more serious conditions such as the aforementioned schizophrenia, depression and bipolar disorder clinical psychology has been completely inept at finding cures. These conditions are only controlled through medications that can be prescribed by a physician.