[PDF] New York Citys Financial Crisis eBook

Author : Kim Phillips-Fein
Publisher : Macmillan + ORM
Page : 302 pages
File Size : 45,10 MB
Release : 2017-04-18
Category : History
ISBN : 0805095268

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PULITZER PRIZE FINALIST An epic, riveting history of New York City on the edge of disaster—and an anatomy of the austerity politics that continue to shape the world today When the news broke in 1975 that New York City was on the brink of fiscal collapse, few believed it was possible. 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. Bankers and politicians alike seized upon the situation as evidence that social liberalism, which New York famously exemplified, was unworkable. The city had to slash services, freeze wages, and fire thousands of workers, they insisted, or financial apocalypse would ensue. In this vivid account, historian Kim Phillips-Fein tells the remarkable story of the crisis that engulfed the city. 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. 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 York—and 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 conservatism of today.

Author : Kim Phillips-Fein
Publisher : Metropolitan Books
Page : 417 pages
File Size : 25,87 MB
Release : 2017-04-18
Category : Business & Economics
ISBN : 080509525X

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"When the news broke in 1975 that New York City was on the brink of fiscal collapse, few believed it was possible: how could the capital of the financial world go bankrupt? And yet the city was billions of dollars (maybe twelve, maybe fourteen, no one even really knew how much) in the red. Bankers and politicians alike seized upon the situation as evidence that social liberalism, which New York famously exemplified, was doomed to failure; and promised apocalyptic scenarios if the city didn't fire thousands of workers, freeze wages, and slash social services. [The author] tells the remarkable story of the crisis that engulfed the city, forever transforming the largest metropolis in the United States and reshaping ideas about government throughout the country. In doing so, she brings to life a radically different New York, the legendarily decrepit city of the 1970s. Drawing on never-before-used archival sources as well as interviews with key players in the crisis, Phillips-Fein guides us through the hairpin turns and sudden reversals that brought New York City to the edge of bankruptcy, and kept it from going over."--

Author : Joshua B. Freeman
Publisher : The New Press
Page : 436 pages
File Size : 38,75 MB
Release : 2021-04-20
Category : Business & Economics
ISBN : 1620977087

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A “lucid, detailed, and imaginative analysis” (The Nation) of the model city that working-class New Yorkers created after World War II—and its tragic demise More than any other city in America, New York in the years after the Second World War carved out an idealistic and equitable path to the future. Largely through the efforts of its working class and the dynamic labor movement it built, New York City became the envied model of liberal America and the scourge of conservatives everywhere: cheap and easy-to-use mass transit, work in small businesses and factories that had good wages and benefits, affordable public housing, and healthcare for all. Working-Class New York is an “engrossing” (Dissent) account of the birth of that ideal and the way it came crashing down. In what Publishers Weekly calls “absorbing and beautifully detailed history,” historian Joshua Freeman shows how the anticommunist purges of the 1950s decimated the ranks of the labor movement and demoralized its idealists, and how the fiscal crisis of the mid-1970s dealt another crushing blow to liberal ideals as the city’s wealthy elite made a frenzied grab for power. A grand work of cultural and social history, Working-Class New York is a moving chronicle of a dream that died but may yet rise again.

Author : Martin Shefter
Publisher : Columbia University Press
Page : 304 pages
File Size : 31,40 MB
Release : 1992
Category : Business & Economics
ISBN : 9780231079433

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This study examines the factors that caused New York City's financial crisis in 1975 and demonstrates how these manifestations of newly evolved political alliances and systems continue to undermine the city's financial stability. It shows how these problems, which are enduring features of the city's political system, are not unique to New York but a threat to the financial stability of most major American cities. The volume won the American Political Science Association's Award for the Best Book on Urban Policy.

Author : William K. Tabb
Publisher : NYU Press
Page : 163 pages
File Size : 33,2 MB
Release : 1982
Category : Political Science
ISBN : 0853455724

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Classic study of the fiscal crisis that gripped New York City — and much of urban America — in the 1970s.

Author : Benjamin Holtzman
Publisher : Oxford University Press, USA
Page : 353 pages
File Size : 40,21 MB
Release : 2021
Category : History
ISBN : 0190843705

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Low-income housing in crisis -- From renters to owners -- Remaking public parks -- Patrolling city streets -- The trouble with development -- The governance of homelessness and public space.

Author : Edward K. Spann
Publisher : Rowman & Littlefield
Page : 236 pages
File Size : 33,53 MB
Release : 2002
Category : History
ISBN : 9780842050579

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Gotham at War: New York City, 1860-1865 is a concise, highly readable account of New York City during the greatest internal crisis in American history. A growing metropolis that was by far America's biggest and most powerful city, New York played a major role in the Civil War, mobilizing an enthusiastic though poorly trained military force during the first month of the war that helped protect Washington, D.C., from Confederate capture. Urban historian Edward K. Spann provides insights on both the varied ways in which the war affected the city and the ways in which the city's people and industry influenced the divided nation. Gotham at War includes observations regarding political, racial, ethnic, and economic aspects of this wartime society and shows how New York served as a center for manpower, military supplies, and shipbuilding, and for assisting sick and wounded soldiers. The efforts of its great Republican newspapers, local leaders such as William E. Dodge and Mayor George Opdyke, women, African-Americans, New Englanders, and the Irish and Germans of New York are all explored. The most southern of the northern cities, New York became a center for many citizens who opposed th

Author : Hillary Miller
Publisher : Northwestern University Press
Page : 447 pages
File Size : 10,53 MB
Release : 2016-10-15
Category : Performing Arts
ISBN : 0810133903

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Winner, 2017 American Theater and Drama Society John W. Frick Book Award Winner, 2017 ASTR Barnard Hewitt Award for Outstanding Research in Theater History Hillary Miller’s Drop Dead: Performance in Crisis, 1970s New York offers a fascinating and comprehensive exploration of how the city’s financial crisis shaped theater and performance practices in this turbulent decade and beyond. New York City’s performing arts community suffered greatly from a severe reduction in grants in the mid-1970s. A scholar and playwright, Miller skillfully synthesizes economics, urban planning, tourism, and immigration to create a map of the interconnected urban landscape and to contextualize the struggle for resources. She reviews how numerous theater professionals, including Ellen Stewart of La MaMa E.T.C. and Julie Bovasso, Vinnette Carroll, and Joseph Papp of The Public Theater, developed innovative responses to survive the crisis. Combining theater history and close readings of productions, each of Miller’s chapters is a case study focusing on a company, a production, or an element of New York’s theater infrastructure. Her expansive survey visits Broadway, Off-, Off-Off-, Coney Island, the Brooklyn Academy of Music, community theater, and other locations to bring into focus the large-scale changes wrought by the financial realignments of the day. Nuanced, multifaceted, and engaging, Miller’s lively account of the financial crisis and resulting transformation of the performing arts community offers an essential chronicle of the decade and demonstrates its importance in understanding our present moment.