> See the failure of huge conglomerates like GE GE was a successful company as a major conglomarate which made aircraft engines, railroad locomotives and light

> See the failure of huge conglomerates like GE GE was a successful company as a major conglomarate which made aircraft engines, railroad locomotives and light bulbs. GE was a failure as a financialized "engine of financial performance" that was focused entirely on spinning off businesses, outsourcing, and speculating in the debt derivatives market.