Jack Welch extracted record profits from GE for 20 years, but left it a hollowed-out "pile of shit," according to his successor. What exactly did Welch do that was so damaging, and how did he get away with it for so long? : AskHistorians
https://www.reddit.com/r/AskHistorians/comments/vqr30e/jack_welch_extracted_record_profits_from_ge_for/Opinion | Income and Wealth Inequality Has Devastated American Workers - The New York Times
https://www.nytimes.com/2020/06/24/opinion/income-wealth-inequality-america.html1929 Great Depression1933 Presidency of Franklin Roosevelt1937 Lyndon Johnson and the US House of Representatives1972 Lewis Powell and the US Supreme Court2003 John Snow and the Treasury DepartmentCovid-19 pandemic and the US government response to the economic crisisHeritage FoundationJack Welch and GEMilton FriedmanSecurities and Exchange Commission (SEC)Wealth and income inequality in the United States