Business Standard

Jack Welch, retrospective 'villain'

GE's iconic former CEO's revered status has been tarnished in recent years, and David Gelles book is the latest attempt to blame Welch's toxic management style for the ills of today's capitalism

Book
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The Man Who Broke Capitalism

Prosenjit Datta
The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America – and How to Undo His Legacy
Author: David Gelles
Publisher: Simon & Schuster
Pages: 240
Price: Rs. 699

You either die a hero or you live long enough to see yourself become the villain

- Harvey Dent, in the Batman movie, The Dark Knight (2008) 

The late Jack Welch did not live long enough to see himself become the villain — he died on March 1, 2020 — though his image had taken a major hit, his legacy was largely in tatters and other, newer,

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