Lyt når som helst, hvor som helst

Nyd den ubegrænsede adgang til tusindvis af spændende e- og lydbøger - helt gratis

  • Lyt og læs så meget du har lyst til
  • Opdag et kæmpe bibliotek fyldt med fortællinger
  • Eksklusive titler + Mofibo Originals
  • Opsig når som helst
Prøv nu
DK - Details page - Device banner - 894x1036
Cover for The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America—and How to Undo His Legacy

The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America—and How to Undo His Legacy

9 Bedømmelse

4

Varighed
9T 19M
Sprog
Engelsk
Format
Kategori

Fakta

New York Times Bestseller New York Times reporter and “Corner Office” columnist David Gelles reveals legendary GE CEO Jack Welch to be the root of all that’s wrong with capitalism today and offers advice on how we might right those wrongs.

In 1981, Jack Welch took over General Electric and quickly rose to fame as the first celebrity CEO. He golfed with presidents, mingled with movie stars, and was idolized for growing GE into the most valuable company in the world. But Welch’s achievements didn’t stem from some greater intelligence or business prowess. Rather, they were the result of a sustained effort to push GE’s stock price ever higher, often at the expense of workers, consumers, and innovation. In this captivating, revelatory book, David Gelles argues that Welch single-handedly ushered in a new, cutthroat era of American capitalism that continues to this day. Gelles chronicles Welch’s campaign to vaporize hundreds of thousands of jobs in a bid to boost profits, eviscerating the country’s manufacturing base, and destabilizing the middle class. Welch’s obsession with downsizing—he eliminated 10% of employees every year—fundamentally altered GE and inspired generations of imitators who have employed his strategies at other companies around the globe. In his day, Welch was corporate America’s leading proponent of mergers and acquisitions, using deals to gobble up competitors and giving rise to an economy that is more concentrated and less dynamic. And Welch pioneered the dark arts of “financialization,” transforming GE from an admired industrial manufacturer into what was effectively an unregulated bank. The finance business was hugely profitable in the short term and helped Welch keep GE’s stock price ticking up. But ultimately, financialization undermined GE and dozens of other Fortune 500 companies. Gelles shows how Welch’s celebrated emphasis on increasing shareholder value by any means necessary (layoffs, outsourcing, offshoring, acquisitions, and buybacks, to name but a few tactics) became the norm in American business generally. He demonstrates how that approach has led to the greatest socioeconomic inequality since the Great Depression and harmed many of the very companies that have embraced it. And he shows how a generation of Welch acolytes radically transformed companies like Boeing, Home Depot, Kraft Heinz, and more. Finally, Gelles chronicles the change that is now afoot in corporate America, highlighting companies and leaders who have abandoned Welchism and are proving that it is still possible to excel in the business world without destroying livelihoods, gutting communities, and spurning regulation.

© 2022 Simon & Schuster Audio (Lydbog): 9781797142173

Udgivelsesdato

Lydbog: 31. maj 2022

Andre kan også lide...

  1. The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System
    The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System Charles Gasparino
  2. The Asylum: The Renegades Who Hijacked the World's Oil Market
    The Asylum: The Renegades Who Hijacked the World's Oil Market Leah McGrath Goodman
  3. How Money Became Dangerous: The Inside Story of our Turbulent Relationship with Modern Finance
    How Money Became Dangerous: The Inside Story of our Turbulent Relationship with Modern Finance Christopher Varelas
  4. Driven: The Race to Create the Autonomous Car
    Driven: The Race to Create the Autonomous Car Alex Davies
  5. The Golden Passport: Harvard Business School, the Limits of Capitalism, and the Moral Failure of the MBA Elite
    The Golden Passport: Harvard Business School, the Limits of Capitalism, and the Moral Failure of the MBA Elite Duff McDonald
  6. Pandemic, Inc.: Chasing the Capitalists and Thieves Who Got Rich While We Got Sick
    Pandemic, Inc.: Chasing the Capitalists and Thieves Who Got Rich While We Got Sick J. David McSwane
  7. Beyond Bitcoin: Decentralised Finance and the End of Banks
    Beyond Bitcoin: Decentralised Finance and the End of Banks Steven Boykey Sidley
  8. Economics in America: An Immigrant Economist Explores the Land of Inequality
    Economics in America: An Immigrant Economist Explores the Land of Inequality Angus Deaton
  9. VC: An American History
    VC: An American History Tom Nicholas
  10. The Super Age: Decoding Our Demographic Destiny
    The Super Age: Decoding Our Demographic Destiny Bradley Schurman
  11. Spiderweb Capitalism: How Global Elites Exploit Frontier Markets
    Spiderweb Capitalism: How Global Elites Exploit Frontier Markets Kimberly Kay Hoang
  12. GDP: The World’s Most Powerful Formula and Why it Must Now Change
    GDP: The World’s Most Powerful Formula and Why it Must Now Change Ehsan Masood
  13. My Years With General Motors
    My Years With General Motors Alfred P. Sloan, Jr.
  14. The Infinite Machine: How an Army of Crypto-hackers Is Building the Next Internet with Ethereum
    The Infinite Machine: How an Army of Crypto-hackers Is Building the Next Internet with Ethereum Camila Russo
  15. Powerhouse: The Untold Story of Hollywood's Creative Artists Agency
    Powerhouse: The Untold Story of Hollywood's Creative Artists Agency James Andrew Miller
  16. GDP: A Brief but Affectionate History – Revised and expanded Edition: A Brief but Affectionate History - Revised and expanded Edition
    GDP: A Brief but Affectionate History – Revised and expanded Edition: A Brief but Affectionate History - Revised and expanded Edition Diane Coyle
  17. Red-Handed: How American Elites Get Rich Helping China Win
    Red-Handed: How American Elites Get Rich Helping China Win Peter Schweizer
  18. The History of the Future: Oculus, Facebook, and the Revolution That Swept Virtual Reality
    The History of the Future: Oculus, Facebook, and the Revolution That Swept Virtual Reality Blake J. Harris
  19. China: The Bubble That Never Pops
    China: The Bubble That Never Pops Thomas Orlik
  20. Seven Ways to Change the World: How To Fix The Most Pressing Problems We Face
    Seven Ways to Change the World: How To Fix The Most Pressing Problems We Face Gordon Brown
  21. The Rise and Decline of Nations: Economic Growth, Stagflation, and Social Rigidities
    The Rise and Decline of Nations: Economic Growth, Stagflation, and Social Rigidities Mancur Olson
  22. The Economists' Hour: How the False Prophets of Free Markets Fractured Our Society
    The Economists' Hour: How the False Prophets of Free Markets Fractured Our Society Binyamin Appelbaum
  23. Superpower Showdown: How the Battle between Trump and Xi Threatens a New Cold War
    Superpower Showdown: How the Battle between Trump and Xi Threatens a New Cold War Bob Davis
  24. Arriving Today: From Factory to Front Door: Why Everything Has Changed About How and What We Buy
    Arriving Today: From Factory to Front Door: Why Everything Has Changed About How and What We Buy Christopher Mims
  25. Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success
    Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success Scott Davis
  26. How China Escaped the Poverty Trap
    How China Escaped the Poverty Trap Yuen Yuen Ang
  27. Borrowed Time: Two Centuries of Booms, Busts, and Bailouts at Citi
    Borrowed Time: Two Centuries of Booms, Busts, and Bailouts at Citi James Freeman
  28. A Short History of Financial Euphoria
    A Short History of Financial Euphoria John Kenneth Galbraith
  29. Life After Capitalism: The Meaning of Wealth, the Future of the Economy, and the Time Theory of Money
    Life After Capitalism: The Meaning of Wealth, the Future of the Economy, and the Time Theory of Money George Gilder
  30. Binge Times: Inside Hollywood's Furious Billion-Dollar Battle to Take Down Netflix
    Binge Times: Inside Hollywood's Furious Billion-Dollar Battle to Take Down Netflix Dade Hayes
  31. Progressive Capitalism: How to Make Tech Work for All of Us
    Progressive Capitalism: How to Make Tech Work for All of Us Ro Khanna
  32. An Empire of Wealth: The Epic History of American Economic Power
    An Empire of Wealth: The Epic History of American Economic Power John Steele Gordon
  33. Free Market Revolution: How Ayn Rand’s Ideas Can End Big Government
    Free Market Revolution: How Ayn Rand’s Ideas Can End Big Government Don Watkins
  34. A Culture of Growth: The Origins of the Modern Economy
    A Culture of Growth: The Origins of the Modern Economy Joel Mokyr
  35. The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia
    The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia Shaun Rein
  36. How Economics Explains the World: A Short History of Humanity
    How Economics Explains the World: A Short History of Humanity Andrew Leigh
  37. The Enlightened Capitalists: Cautionary Tales of Business Pioneers Who Tried to Do Well by Doing Good
    The Enlightened Capitalists: Cautionary Tales of Business Pioneers Who Tried to Do Well by Doing Good James O'Toole
  38. The Power of Nothing to Lose: The Hail Mary Effect in Politics, War, and Business
    The Power of Nothing to Lose: The Hail Mary Effect in Politics, War, and Business William L. Silber
  39. Boundless: The Rise, Fall, and Escape of Carlos Ghosn
    Boundless: The Rise, Fall, and Escape of Carlos Ghosn Sean McLain
  40. American Default: The Untold Story of FDR, the Supreme Court, and the Battle over Gold
    American Default: The Untold Story of FDR, the Supreme Court, and the Battle over Gold Sebastian Edwards
  41. Straight Talk on Trade: Ideas for a Sane World Economy
    Straight Talk on Trade: Ideas for a Sane World Economy Dani Rodrik
  42. The Third Pillar: The Revival of Community in a Polarised World
    The Third Pillar: The Revival of Community in a Polarised World Raghuram Rajan
  43. The Making of Modern Economics, Fourth Edition: The Lives and Ideas of the Great Thinkers
    The Making of Modern Economics, Fourth Edition: The Lives and Ideas of the Great Thinkers Mark Skousen
  44. System Error: Where Big Tech Went Wrong and How We Can Reboot
    System Error: Where Big Tech Went Wrong and How We Can Reboot Rob Reich
  45. A Monetary and Fiscal History of the United States, 1961–2021
    A Monetary and Fiscal History of the United States, 1961–2021 Alan S. Blinder
  46. The Money Trap: Grand Fortunes and Lost Illusions Inside the Tech Bubble
    The Money Trap: Grand Fortunes and Lost Illusions Inside the Tech Bubble Alok Sama
  47. The Illusion of Control: Why Financial Crises Happen, and What We Can (and Can't) Do About It
    The Illusion of Control: Why Financial Crises Happen, and What We Can (and Can't) Do About It Jon Danielsson
  48. A Rabble of Dead Money: The Great Crash and the Global Depression: 1929–1939: The Great Crash and the Global Depression: 1929 - 1939
    A Rabble of Dead Money: The Great Crash and the Global Depression: 1929–1939: The Great Crash and the Global Depression: 1929 - 1939 Charles R. Morris
  49. Seven Crashes: The Economic Crises That Shaped Globalization
    Seven Crashes: The Economic Crises That Shaped Globalization Harold James
  50. To Rule the Waves: How Control of the World's Oceans Determines the Fate of the Superpowers
    To Rule the Waves: How Control of the World's Oceans Determines the Fate of the Superpowers Bruce Jones

Vælg dit abonnement

  • Over 600.000 titler

  • Download og nyd titler offline

  • Eksklusive titler + Mofibo Originals

  • Børnevenligt miljø (Kids Mode)

  • Det er nemt at opsige når som helst

Den mest populære

Premium

For dig som lytter og læser ofte.

129 kr. /måned
  • 1 konto

  • 100 timer/måned

  • Eksklusivt indhold hver uge

  • Fri lytning til podcasts

  • Ingen binding

Start tilbuddet

Unlimited

For dig som lytter og læser ubegrænset.

149 kr. /måned
  • 1 konto

  • Ubegrænset adgang

  • Eksklusivt indhold hver uge

  • Fri lytning til podcasts

  • Ingen binding

Start tilbuddet

Family

For dig som ønsker at dele historier med familien.

Fra 179 kr. /måned
  • 2-6 konti

  • 100 timer/måned pr. konto

  • Fri lytning til podcasts

  • Kun 39 kr. pr. ekstra konto

  • Ingen binding

2 konti

179 kr. /måned
Start tilbuddet

Flex

For dig som vil prøve Mofibo.

89 kr. /måned
  • 1 konto

  • 20 timer/måned

  • Gem op til 100 ubrugte timer

  • Eksklusivt indhold hver uge

  • Fri lytning til podcasts

  • Ingen binding

Prøv gratis