#shareholdersupremacy

Welch's tenure was one that destroyed General Electric's ability to innovate while turning it into one of the most wildly-profitable companies in the world, all through a nihilistic form of capitalism where growth is all that matters, even if it means making worse products, constantly entering and exiting industries, reducing spend in research and development, outsourcing multiple parts of the company to avoid paying benefits and higher American wages, and generally treating human beings like inanimate assets.