MARC details
| 000 -LEADER |
| fixed length control field |
03888pam a22004215i 4500 |
| 001 - CONTROL NUMBER |
| control field |
0010001815947 |
| 005 - DATE AND TIME OF LATEST TRANSACTION |
| control field |
20250921161743.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
211018s2022 e 0 eng |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
| International Standard Book Number |
9781982176440 ; |
| Terms of availability |
28.00 |
| 035 ## - SYSTEM CONTROL NUMBER |
| System control number |
131012363 HARDCOVER |
| 039 ## - LEVEL OF BIBLIOGRAPHIC CONTROL AND CODING DETAIL [OBSOLETE] |
| Level of rules in bibliographic description |
136590 |
| Level of effort used to assign subject headings |
TLC |
| 040 ## - CATALOGING SOURCE |
| Original cataloging agency |
TLC |
| Description conventions |
rda |
| 041 ## - LANGUAGE CODE |
| Language code of text/sound track or separate title |
eng |
| 082 #4 - DEWEY DECIMAL CLASSIFICATION NUMBER |
| Classification number |
330.122 |
| 092 ## - LOCALLY ASSIGNED DEWEY CALL NUMBER (OCLC) |
| Classification number |
330.12 GEL |
| 100 1# - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Gelles, David, |
| Relator term |
Author |
| Authority record control number or standard number |
(local)tmpaut920480034277960 |
| 245 14 - TITLE STATEMENT |
| Title |
The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America and How to Undo His Legacy |
| 263 ## - PROJECTED PUBLICATION DATE |
| Projected publication date |
2022 |
| 264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE |
| Place of production, publication, distribution, manufacture |
[Place of publication not identified] : |
| Name of producer, publisher, distributor, manufacturer |
Simon & Schuster, |
| Date of production, publication, distribution, manufacture, or copyright notice |
May 31, 2022. |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
272 Pages |
| 336 ## - CONTENT TYPE |
| Content type term |
text |
| Content type code |
txt |
| Source |
rdacontent |
| 337 ## - MEDIA TYPE |
| Media type term |
unmediated |
| Media type code |
n |
| Source |
rdamedia |
| 338 ## - CARRIER TYPE |
| Carrier type term |
volume |
| Carrier type code |
nc |
| Source |
rdacarrier |
| 380 ## - FORM OF WORK |
| Form of work |
Book |
| Source of term |
tlcgt |
| 385 ## - AUDIENCE CHARACTERISTICS |
| Audience term |
General |
| Source |
tlctarget |
| 385 ## - AUDIENCE CHARACTERISTICS |
| Audience term |
Adult |
| Source |
marctarget |
| 500 ## - GENERAL NOTE |
| General note |
New Book 2022 Fall. |
| 520 ## - SUMMARY, ETC. |
| Summary, etc. |
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.<br/><br/>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.<br/><br/>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. |
| 521 ## - TARGET AUDIENCE NOTE |
| Target audience note |
Adult |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
Capitalism |
| Authority record control number or standard number |
(DLC)sh 85019958 |
| 650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
Welch, Jack |
| Source of heading or term |
local |
| Authority record control number or standard number |
(local)tlcaut1180929181833500 |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
Business ethics |
| Authority record control number or standard number |
(DLC)sh 85018297 |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
Economic conditions |
| Authority record control number or standard number |
(DLC)sh 85040802 |
| 650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
1981-2001 |
| Source of heading or term |
local |
| Authority record control number or standard number |
(local)tlcaut1180958630043500 |
| 651 #0 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME |
| Geographic name |
United States |
| Authority record control number or standard number |
(DLC)n 78095330 |
| 949 ## - LOCAL PROCESSING INFORMATION (OCLC) |
| a |
IANF |
| c |
330.12 GEL |
| g |
30404100281052 |
| p |
28.00 |
| j |
91814 |
| e |
IANF |
| f |
Available |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Koha item type |
Books |