The fundamental problem I have with this analysis is that it won’t consider a simple assumption: Jack Welch was just better at the capitalism game than others. He didn’t rewrite the written rules, he just didn’t care about the ethic-based unwritten ones.
With the decline of historical ideologies, hyper-individualism took over. Welch was just very good at understanding that some invisible boundaries didn’t apply anymore, and that the zeitgeist was shifting in that direction.
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