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Part One: Jack Welch Is Why You Got Laid Off

Behind the Bastards

CHAPTER

The Death Knell of the Golden Age of Capitalism

In the late 70s, things keep getting worse for the American economy. The death knell of the Golden Age of capitalism was heralded by books about business that started to get really popular. Jack is like, what if we made payday loans? What if we created ways to just like make interest money off of people? That's a big part of the management philosophy at GE.

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