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What Sears' and GE's decline teaches us about capitalism

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GENERAL Electric and Sears have fallen on hard times, and that tells us a lot about US capitalism. Both were once great enterprises, symbols of American ingenuity and imagination. The temptation will be to blame their troubles on mismanagement. The real lesson is starker. It is that no business, no matter how historically innovative or powerful, is guaranteed immortality.

© The Business Times