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Commentary: Capitalism and legacy

I just finished The Man Who Broke Capitalism, a book by David Gelles. The subtitle, How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America, illuminates a dispiriting tale of how a ruthless and greedy CEO destroyed General Electric, once one of the best known and most successful businesses in the country, and, more importantly, ushered in a new economy dominated by downsizing, off-shoring and financial manipulation. ....

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