From Welfare State to Real Estate: Regime Change in New York City, 1974 to the Present

From Welfare State to Real Estate: Regime Change in New York City, 1974 to the Present

1 review
Written by Kim Moody
Published by The New Press
Published May, 2007
ISBN 10 1595580883
ISBN 13 9781595580887
Pages 340
QR code for From Welfare State to Real Estate: Regime Change in New York City, 1974 to the Present

Description of From Welfare State to Real Estate: Regime Change in New York City, 1974 to the Present

City of Quartz meets Gotham—the dark side of the glittering metropolis.
New York is a city of outlandish wealth and extreme deprivation, where the abundance of high-rise office space and luxury housing belies a poverty rate of nearly twice the national average. In From Welfare State to Real Estate, prominent labor activist Kim Moody argues that the city's business elite has tilted the political structure toward an agenda that puts real estate development ahead of human needs. The result is a new Gilded Age in America's first city, overseen by the nation's first billionaire mayor.
Tracing this trend to its roots in 1975, when New York's once-generous welfare state was abandoned during a time of financial crisis, Moody shows how business leaders managed to seize an unprecedented degree of influence in local politics. From Koch to Bloomberg, the developmental bulldozer has extended its reach, placing more pressure on the city's beleaguered and divided working class. From Welfare State to Real Estate offers the first historical narrative of the key turning points in this process, from the redevelopment of Times Square to the current fight over Brooklyn's Atlantic Yards. It looks beneath the skyline to analyze the power struggles that have shaped this global city in the twenty-first century.

Related Books

Art History For Dummies

Art History For Dummies

The Gods of Prophetstown: The Battle of Tippecanoe and the Holy War for the American Frontier

The Gods of Prophetstown: The Battle of Tippecanoe and the Holy War for the American Frontier

Iran Facing Others: Identity Boundaries in a Historical Perspective

Iran Facing Others: Identity Boundaries in a Historical Perspective

Killing Lincoln: The Shocking Assassination that Changed America Forever

Killing Lincoln: The Shocking Assassination that Changed America Forever

Mei Lanfang and the Twentieth-Century International Stage: Chinese Theatre Placed and Displaced (Palgrave Studies in Theatre and Performance History)

Mei Lanfang and the Twentieth-Century International Stage: Chinese Theatre Placed and Displaced (...

Britain's Chinese Eye: Literature, Empire, and Aesthetics in Nineteenth-Century Britain

Britain's Chinese Eye: Literature, Empire, and Aesthetics in Nineteenth-Century Britain