New York Times reporter David Gelles claims in his latest book that legendary General Electric CEO Jack Welch is the root of all that's wrong with capitalism today. The title of his book is "The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America – And How to Undo His Legacy." Mr. Gelles says while Welch made G.E. the most valuable company on Earth, his strategies ultimately destroyed what he loved so dearly.
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