Fear City: New York's Fiscal Crisis and the Rise of Austerity Politics

Written by:
Kim Phillips-Fein
Narrated by:
Pam Ward

Unabridged Audiobook

Ratings
Book
Narrator
Release Date
April 2017
Duration
12 hours 58 minutes
Summary
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.
Fear City: New York's Fiscal Crisis and the Rise of Austerity Politics
This title is due for release on April 30, 2017.

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Fear City: New York's Fiscal Crisis and the Rise of Austerity Politics
This title is due for release on April 30, 2017
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Fear City: New York's Fiscal Crisis and the Rise of Austerity Politics
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Fear City: New York's Fiscal Crisis and the Rise of Austerity Politics

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