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The man who broke capitalism

In his sharp and provocative book, David Gelles argues that General Electric boss Jack Welch's brutal efficiency drive led to a long-term decline.

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The man who broke capitalism

In his sharp and provocative book, David Gelles argues that General Electric boss Jack Welch's brutal efficiency drive led to a long-term decline.

He had been nicknamed Neutron Jack for the brutal job cuts he instigated in the 1980s, the first of his two decades in charge of General Electric (GE). He had turned the conglomerate, dubbed Generous Electric in the 1920s by

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