The Man Who Broke Capitalism

This book exposes the root cause of what’s wrong with capitalism today, brought about by legendary GE CEO Jack Welch. David Gelles reveals how Welch’s obsession with profit and stock prices at any cost paved the way for a cutthroat era of American capitalism that eviscerated jobs, destabilized the middle class, and led to the greatest socioeconomic inequality since the Great Depression. Through this captivating and revelatory read, Gelles offers urgent advice on how we might right those wrongs, highlighting companies and leaders who have abandoned Welchism and thrive in the business world without destroying livelihoods, gutting communities, and spurning regulation.