Behind the Bastards cover image

Part One: Jack Welch Is Why You Got Laid Off

Behind the Bastards

CHAPTER

The Golden Age of Capitalism

The company that best embodied both the strengths of capitalist system and innovation that could come from it is general electric. They invented incandescent light bulbs, shipped radios around the world; they crafted the first vacuum tubes. And their workforce was compensated, you know, as you'd expect given their success. So this is like 100 straight years from the late 1800s to the 1980s.

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