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Fear City: New York's Fiscal Crisis and the Rise of Austerity Politics
Contributor(s): Phillips-Fein, Kim (Author)
ISBN: 1250160073     ISBN-13: 9781250160072
Publisher: Picador USA
OUR PRICE:   $20.69  
Product Type: Paperback - Other Formats
Published: April 2018
Qty:
Temporarily out of stock - Will ship within 2 to 5 weeks
Additional Information
BISAC Categories:
- History | United States - State & Local - Middle Atlantic (dc, De, Md, Nj, Ny, Pa)
- History | United States - 20th Century
- Business & Economics | Public Finance
Dewey: 330.974
LCCN: 2016033559
Physical Information: 0.9" H x 5.3" W x 8.1" (0.70 lbs) 432 pages
Themes:
- Chronological Period - 1970's
- Geographic Orientation - New York
- Locality - New York, N.Y.
 
Descriptions, Reviews, Etc.
Publisher Description:

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.

Fear City is one of Publishers Weekly's Top 10 Best Books of 2017, and a finalist for the Pulitzer Prize for History


Contributor Bio(s): Phillips-Fein, Kim: - 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, and The New York Times, among other publications.