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this post was submitted on 23 Jan 2024
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Tale as old as Jack Welch’s first day at GE
GE builds bombs, Boeing builds planes that could plow into the ground... either way, they're trying to kill people.
Yes, but GE, under the leadership of Jack Welch was the pioneer of the “shareholder profits are the only thing that matters” brand of capitalism in the post WWII era. Prior to Welch GE and most American companies during that time were prioritizing what their company produced, attempted to innovate, and treated their workers with some dignity. Certainly not perfect as foreign exploitation was a major leg propping it up but a far cry from where we are today.