Book description
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.
Free Ham
I've discovered authors I'd never heard of before, and now they're among my favorites. I'm amazed by ListenBook's versatility in handling different formats β it truly supports all my audio needs. Audiobooks made accessible and enjoyable β this app's design is a triumph.
Twisty Freesia
The convenience of switching between devices without losing my place is a lifesaver. This app's seamless integration with CarPlay and other devices has revolutionized my audiobook experience. With this app, I've turned my everyday moments into meaningful opportunities for growth and learning. πΆββοΈπ§ Strolling through captivating narratives while I take my daily walks β pure bliss! ποΈπ I love the ability to change the playback pitch. Itβs a unique feature.
Glyph
I'm amazed at how this app seamlessly integrates with my daily routine. Binaural audio processing is a godsend. My ears don't fatigue even during extended listening. Adjusting the narrator's voice tone is a fun way to personalize the listening experience. I canβt believe how easy it is to manage my audiobook library with ListenBook. Highly recommended! Not the best audiobook I've heard but far from the worst. The production quality was good and there were no major issues with the narration.
Tangerine
Enhancing my daily routines β this app's design makes listening a joy. Sharing audiobooks with friends is a breeze thanks to ListenBook Pro's AirDrop and sharing options. Spread the joy of a good story!
Spicy Thunder
ListenBook has elevated my learning experience. I'm retaining more information than ever. Solid performance overall though some character voices sounded too similar. I occasionally got confused about who was speaking in dialogue-heavy scenes.
Mud Eye
Bookmarking on ListenBook makes it easy to pick up where I left off β no more searching for my spot! βοΈ A round of applause for an app that prioritizes functionality β I can seamlessly switch between audiobooks and other tasks. ππ§ ListenBook's compatibility with CarPlay is a huge plus during long drives. Iβm so impressed with ListenBook. The app is reliable, fast, and packed with features like customizable themes and playback speed. The sleep timer is a lifesaver for bedtime listening. Highly recommend this app!
Suicide Jockey
This app's compatibility with different formats ensures that no audiobook is off-limits β truly impressive. ListenBook's compatibility with CarPlay and Apple Watch has made audiobook listening a part of my daily routine. I can't believe how seamless the integration with Apple Watch is. My workouts just got better. A decent listen overall. The narration was clear, though some character voices sounded similar. The story was interesting but had moments where it dragged slightly. Still, it was a good way to pass the time. This audiobook was neither good nor bad - simply average. The narrator's delivery was professional but uninspired, and the recording quality was clean though not exceptional. It provided satisfactory entertainment without standing out from similar titles.
Hang 11
CUE playlist support is a brilliant feature that allows me to create customized listening experiences for different moods, activities, and moments of the day. With features like auto-rewind, I never lose my place when I pause listening.
PP Dubs
The app's versatility in audio downloading is unmatched. It's a comprehensive solution for my audiobook needs. High-quality playback even with complex formats like FLAC. Impressive!
Bearded Angler
With this app, I can devour books like never before β it's incredibly efficient. Savoring audiobooks without complications β this app's design is top-notch. Tone adjustment is an innovative touch that adds a personal connection to the audiobook narration. It's like having a custom reading experience.
AxelRoad
π Unveiling the joy of reading once again β this app is my gateway to literary wonders! ππ Automatic metadata extraction keeps my library organized. It's a time-saver!
Hitch Frenzy
π§ Carrying a world of literature in my headphones β this app's convenience is truly remarkable. ππ« Audiobook multitasking simplified β this app's functionality is a triumph. Finally, an app that lets me enjoy audiobooks without worrying about file formats! Makes audiobook listening super easy and enjoyable. Thank you! ListenBookβs playback speed control is very useful. I can listen at my own pace.
Genghis Glyph
ListenBook Pro's noise reduction feature is a blessing for enjoying clear audio in any environment. I can't imagine my life without this app β it's my constant source of books. Audiobook multitasking simplified β this app's ease of use is a true asset. Sharing audiobooks with friends through AirDrop is a delightful feature. Sharing is caring! Downloading books over WiFi is quick and hassle-free. Very convenient.
Easy Sweep
I've become the storyteller of my family, sharing the amazing audiobooks I've discovered. ListenBook's versatile controls and playback options have made my study sessions more productive and enjoyable. This app has brought back the joy of reading, no matter how busy I am. The app is very easy to use. ListenBook makes managing my audiobook library simple. The narrator's voice was so pleasant and easy to listen to. They had perfect pacing and made even the slower parts engaging. I found myself looking forward to my commute just to listen more!
Winter Underdog
The app's interface is so sleek and modern. It's a joy to use. Adjusting the tone of the narrator's voice is a unique feature that adds a personal touch. The ability to download audiobooks directly is fantastic. ListenBook is very convenient.
Miss Rum Punch
ListenBook's support for multiple download methods ensures I can always access my favorite content. Noise reduction and voice tone adjustment are simply amazing.
Spellbinder
Bookmarks are a lifesaver for study materials. I never lose my place again. I love the ability to share my progress with friends. Itβs a fun feature.
MythMaker
CUE playlist support is a rare gem. Perfect for organizing content efficiently. Bookmarks are a fantastic organizational tool. They help me keep track of important moments in my audiobooks. No more hassle with file conversion. This app handles all formats effortlessly.
Mental
πͺ Juggling tasks while enjoying stories has never been easier β this app's functionality is a multitasking marvel. πΌπ The customizable controls and playback options cater perfectly to different audiobook preferences.
BloodEater
π Igniting my imagination while preparing dinner β this app adds flavor to every meal! π²π The adjustable playback speed is a secret weapon for getting through educational content faster. Sharing audiobooks with friends is a thoughtful gesture that ListenBook makes seamless. Noise reduction and tone changing are awesome features.
Playing a wide variety of audio formats
Works on all devices with iOS 13 and newer
Huge amount of features for a small price
Frequent updates to add new features and improve existing ones
Advanced playback controls
Live sound processing
Changing the timbre of the reader's voice and noise reduction
Translated into more than 20 languages
If you love listening to fiction audiobooks, ListenBook has features to make the process easier.
Edit book data: title, author, cover
Use equalizer to make the sound comfortable for you
Adjust the playback speed
Enjoy dark and light app themes
Supported formats: MP3, M4B, AWB, FLAC, OGG audio files and many more (must be DRM free)
Auto-Bookmarks make it easy to find your place
AirPlay support allows redirection of audio output.
VoiceOver support
Dark mode for night owls
Convenient bookmarking system helps you mark the most important places.
Unlimited bookmarks for each audiobook
Put your own cover on the wager
Share your audiobook with friends
Lock-screen control
Customise app with extensive options
Sleep timer with shake to reset, set custom notification sounds, and a few unique options
Auto rewind depending on paused time, customize rewind times to your liking
Removing background noise from recordings made in classrooms and meetings
Changing the timbre of the reader's voice for a better listening experience