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

The Daily Stoic

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Reevaluating Economic Values

This chapter explores the economic disparities faced by the American middle class, contrasting worker pay with corporate productivity since the 1980s. It discusses the impact of the pandemic on personal and professional priorities, including the 'great resignation,' where individuals seek meaningful careers over mere financial success. Additionally, it emphasizes the ethical responsibilities of corporate leaders and the importance of empathy in business decisions, particularly during layoffs, urging a shift towards communal responsibility and understanding.

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