Yeah I'd argue Jack Welch didn't create that value rather he found a way to extract from the corporate mines and give to shareholders and himself very effective

Yeah I'd argue Jack Welch didn't create that value rather he found a way to extract from the corporate mines and give to shareholders and himself very effectively. It has caused the collapse of some but not all those corporate mines. GE is a good example that maximized shareholder value until the shareholders left and there was nothing left for the company. I also wouldn't read to heavily into the USSR collapsing because they saw rich American's they saw that for the entire history of USSR. USSR is complex it honestly worked for people for a little bit during the war (the ones that lived but they did live) but when the pressure of WW2 dropped the optimization functions all went haywire, the same way they were haywire before the war see Ukraine famine 1933. War is a strong optimization function for economies because the cruff is drained but not a constraint you want to live under long term. I am not trying to cheerlead the USSR but I think this is just not really a good metaphor for comparing economies and needs much fine examination to really get into.