A review by blikesbikes
The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America—and How to Undo His Legacy by David Gelles

5.0

Things start to come off the rails in 1980 when Jack Welch becomes CEO of GE. A company with a long history of making things and supporting its e workforce shifts to a financial services company that focuses on making its CEO. and “shareholders” a ton of money. A rampage of mergers and acquisitions ensues. Welch creates a culture of Jacks that make the quarterly profit King. GE Capital drives the company into the ground and takes down America with it. And we cheer and live by the stock market to fund our growth and prosperity. Only to see it’s a house of cards promoted by con men. Anyway that seem to be the arc of the book!