New Book: Jack Welch Broke Capitalism, Ushered In an Era of Distrust Amanpour and Company

[tenderfoot]

The brutality of corporate America and the malaise of the American labor market are being traced back to one businessman: former General Electric CEO Jack Welch. Walter Isaacson speaks with author David Gelles about the legacy of America’s first celebrity CEO -- referenced in the title of Gelles' new book as "The Man Who Broke Capitalism."

Originally aired on June 13, 2022

[yorkster]

1. Glad to see this.

I could never stand Welch. And he was lauded to a nauseating degree, and was all over the airwaves,
especially at MSNBC, owned by GE at the time. He was a real king of vulture capitalism.

[Tomconroy]

2. He built an empire based on accounting fraud.