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How Jack Welch re-shaped capitalism

David Gelles describes unbroken capitalism's exemplary big companies in the 20th century that treated employees fairly and focused on long-term growth - such as GE

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THE MAN WHO BROKE CAPITALISM

Kurt Andersen | NYT
THE MAN WHO BROKE CAPITALISM: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America — and How to Undo His Legacy
Author: David Gelles
Publisher: Simon & Schuster
Price: $28
Pages: 272

In 2020 I published Evil Geniuses, a history of the ruinous transformation of the US political economy since the 1970s by the right and the rich. So I was psyched to read The Man Who Broke Capitalism. It sounded like a perfect case-study companion to my wide-angle chronicle, a book by a long-time business reporter now at The New York Times, focusing on Jack Welch, “revered as the greatest

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