Fear City: New York's Fiscal Crisis and the Rise of Austerity Politics
| Author | : | |
| Rating | : | 4.36 (556 Votes) |
| Asin | : | 1250160073 |
| Format Type | : | paperback |
| Number of Pages | : | 432 Pages |
| Publish Date | : | 2013-04-02 |
| Language | : | English |
DESCRIPTION:
With unions and ordinary citizens refusing to accept retrenchment, the budget crunch became a struggle over the soul of New York, pitting fundamentally opposing visions of the city against each other. How could the country’s largest metropolis fail? How could the capital of the financial world go bankrupt? Yet the city was indeed billions of dollars in the red, with no way to pay back its debts. An epic, riveting history of New York City on the edge of disasterand an anatomy of the austerity politics that continue to shape the world todayWhen the news broke in 1975 that New York City was on the brink of fiscal collapse, few believed it was possible. Drawing on never-before-used archival sources and interviews with key players in the crisis, Fear City shows how the brush with bankruptcy permanently transformed New Yorkand reshaped ideas about government across America.At once a sweeping history of some of the most tumultuous times in New York's past, a gripping narrative of last-minute machinations and backroom deals, and an origin story of the politics of austerity, Fear City is essential reading for anyone seeking to understand the resurgent fiscal conserv
Kim Phillips-Fein is a professor of history at New York University and the author of Invisible Hands: The Businessmen's Crusade Against the New Deal. . A recipient of grants from the New York Public Library's Cullman Center and the National Endowment for the Humanities, she has written for The Nation, Dissent, The Baffler, The Atlantic,
"Find the clues" according to Marti. Very good to read. Well done.. Five Stars Richard No issues. "Much more than just a history of New York City's budget crisis in the 1970s" according to BigRedAbraham. Fantastic book. Of course it's nice to know the history of 1970s New York in greater detail (including putting the headline "Ford to City: Drop Dead" in better context). But the true objective of this book is to show how New York's budget crisis was exploited by larger forces -- the ones yo
Stiglitz, author of Globalization and Its Discontents and The Price of Inequality“Paced like a thriller and extremely well written Phillips-Fein narrates with almost cinematic flair, and by the time the credits roll, the significance of her accomplishment becomes clear. Look in New York, and read Kim Phillips-Fein’s superb Fear City. Phillips-Fein chronicles not only the tense dance with municipal bankruptcy but the largely forgotten efforts by ordinary New Yorkers to stop the legal coup by local and national elites. Galbraith, author of The Predator State and Welcome to the Poisoned Chalice“The story of New York’s financial crisis in the seventies is really a story about the role of cities in America today. Freeman, author of American Empire and Working-Class New York“This revealing narrative of New York’s