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WEKU
WEKU
Business
Dave Davies

Short-term profits and long-term consequences — did Jack Welch break capitalism?

Jack Welch GE General Electric America Economy Microsoft Simon & Schuster WeWork
(Simon & Schuster)

Long before the reign of Elon Musk, Mark Zuckerberg and Jeff Bezos, there was Jack Welch.

Welch, who headed up the General Electric Company from 1981 and 2001, is often thought of as the first celebrity CEO, a businessman who wowed investors and mingled with celebrities.

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