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.
Pink Hopper
ListenBook Pro's noise reduction feature has made my audio content much more enjoyable in noisy environments. With this app, I've found a way to make long flights and road trips more enjoyable and enlightening. πͺ Doubling the impact of my workouts β exercising and exploring stories, all thanks to this app! πͺπ§ ListenBook has completely elevated my audiobook experience. It's an integral part of my daily routine. Looping playback helps me immerse myself in the content. It's my secret study weapon.
Trigger Warming
The sound quality is outstanding β it's like having a movie theater in my ears! I never knew my daily walks could be so fulfilling β all thanks to this app. I'm amazed by the attention to detail, from automatic metadata extraction to customizable settings. Adjusting the tone of the voice is a novel feature that allows for a personalized listening experience.
CuriousCraft
Effortless audiobook exploration β this app's functionality is a true delight. ListenBook's audio filters are a valuable tool for customizing my audiobook playback to perfection. The audiobook player's silky-smooth playback is like music to my ears. Flawless performance! Noise reduction in ListenBook Pro ensures crystal-clear playback even in noisy environments.
Achilles Mountain
Audiobooks have become my go-to entertainment, and this app is the reason. This app has rekindled my passion for storytelling in the most convenient way. I'm addicted to this app β it's like having a library in my pocket. πΌ Making every minute count β this app's ease of use ensures I'm always making progress in my audiobook adventures. π±π
Aqua Monsoon
User-centric audiobook joy β this app's ease of use is impressive. Audiobook enthusiasts, rejoice! This app's elegant design and robust functionality make it a must-have for anyone who loves to listen on the go. π§π±
Backstreet
The ability to highlight passages and take notes while listening is a fantastic feature. ListenBook has brought the joy of audiobooks back into my life in a whole new way. I can't get enough of this app β it's like having a personal storyteller in my pocket. π§ Fueling my audiobook addiction with this fantastic app β pure listening pleasure! ππ₯
Stickers
Audiobooks on this app have made my workouts more enjoyable and productive. ListenBook's dedication to delivering a top-notch experience is evident in every detail. User-friendly audiobook experience β this app's design is a standout.
Fist Wizard
With ListenBook, I've found a reliable and enjoyable way to listen to audiobooks and expand my knowledge. Streamlining my audiobook journey β this app's design is top-notch. The app's compatibility with various sources for audio download is a true time-saver.
Classy Luck
The controls on ListenBook are intuitive and user-friendly, making it a joy to navigate through my audiobooks. ListenBook has made managing and enjoying audiobooks a seamless and delightful experience. Library organization is simplified with ListenBook. It's easy to keep my audiobooks neat and tidy. Sharing audiobooks with friends through AirDrop is a delightful feature. Sharing is caring! ListenBook has become my trusted companion for literary adventures. The app's features are exceptional.
Patton Digger
ListenBook has turned my audio content into an immersive, personalized, and unforgettable experience. π Grooving to the rhythm of stories while tackling household chores β a dance of productivity! πΆπ Adjusting the tone of the narrator's voice is a unique feature. I'm loving it! ListenBook Pro's noise reduction feature is a revelation. It elevates the audio quality, providing a clear and immersive listening experience that enhances my enjoyment.
Marigold Loot
I'm thrilled that ListenBook offers both basic and advanced features to cater to all types of users. The narrators on this app are truly talented β they bring characters to life. π Finding the perfect audiobook is a breeze with this app's robust search and recommendation features. My reading list has never been better! ππ«
Miss Murder
This app has completely transformed my commute β I look forward to it now! This app is a game-changer for busy individuals who miss reading. π§ This app has changed my reading game! Now I can 'read' while I work β genius! ππΌ My audiobook collection has never been more organized. Library management is a breeze.
Silver Agent
I've been able to explore different cultures and perspectives through a diverse range of books. This app's intuitive features and easy navigation make it a must-have for audiobook enthusiasts. π Farewell, boredom during ironing sessions β audiobooks make it a breeze! ππ§ βοΈ This app's functionality is a symphony of efficiency β I'm savoring stories with ease, even on the busiest days. πΆπ With features like auto-rewind, I never lose my place when I pause listening.
CyberScribe
Finally, a way to enjoy literature on the go without straining my eyes. With ListenBook, I can enjoy a wide range of audiobook formats without any hassle, making my listening experience seamless. π Adding a touch of magic to mundane tasks β this app turns errands into epic quests! ππ Streamlining audiobook enjoyment β this app's functionality is truly impressive. Sharing audiobooks through AirDrop is a delightful way to spread the joy of storytelling. A fun feature!
Gr8 Flick
The ability to adjust playback speed is a game-changer for faster or more immersive listening. With ListenBook, I can enjoy a wide range of audiobook formats without any hassle, making my listening experience seamless. This audiobook app is a true gem β it brings stories to life with every click. This app's dedication to providing high-quality narration has made all the difference. I love the auto-rewind feature after interruptions. No more searching for where I left off!
Chip Queen
With ListenBook, I can now enjoy my favorite audiobooks and speeches with the utmost comfort and convenience. Audiobooks on this app have made my daily walks a time of reflection and inspiration. With ListenBook, I've rediscovered my love for audiobooks. The binaural audio processing is a game-changer for comfortable, fatigue-free listening.
QuestQuill
I've become a more empathetic listener and reader, thanks to the power of audiobooks. ListenBook's Pro version is worth every penny. The noise reduction feature makes even noisy environments an ideal place for immersive listening. ListenBook has completely elevated my audiobook experience. It's an integral part of my daily routine. The customizable controls and playback options cater perfectly to different audiobook preferences. ListenBook Pro's noise reduction feature has transformed the audio quality. It's crystal clear now.
Acid Gosling
I've been recommending this app to all my friends β it's a true game-changer. ListenBook's compatibility with playlists and CUE files is a great addition for those who love organized listening.
Swerve
Audiobooks have become my companion during long walks, transforming exercise into a pleasure. I'm hooked on this app β it's my escape to different worlds and adventures. πΆπ Enriching my environment with the power of storytelling β audiobooks infuse my home with literary magic. π§π ListenBook's user-friendly interface and quick access to chapters enhance my overall listening experience.
Light Despair
The sleek design and easy navigation are visually pleasing and user-friendly. ListenBook's powerful audio downloading features make it easy to keep my content at my fingertips. π Adding a touch of magic to mundane tasks β this app turns errands into epic quests! ππ Noise reduction on ListenBook Pro is a game-changer. It transforms the way I enjoy my recordings.
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