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David Gelles on Jack Welch’s Legacy and the Future of Corporate America

The Daily Stoic

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Legacy of Short-Term Gains

This chapter examines the impact of a notable corporate leader whose emphasis on short-term financial performance overshadowed long-term sustainability. It highlights the consequences of their management practices on the company and broader corporate culture, while exploring the moral implications of prioritizing profits over stakeholders. Additionally, the chapter critiques the role of media in shaping public perception and accountability in journalism, especially in relation to powerful corporate figures.

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