As New York City Rebuilds, Business Can Be Part of the Solution

Higher taxes are necessary, but who will have the political courage to make it happen?

Early in September, more than 160 executives from companies like Citigroup, Goldman Sachs, the white-shoe corporate law firm Skadden Arps, and a host of real estate developers and financial firms sent a letter to Mayor Bill de Blasio. They expressed their fear that “deteriorating conditions” in the city might slow ...
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As New York City Rebuilds, Business Can Be Part of the Solution

When New York City Almost Failed

An Interview with Kim Phillips-Fein

Earlier today, Public Seminar had the privilege of printing an excerpt of historian Kim Phillips-Fein’s recent book, Fear City: New York’s Fiscal Crisis and The Rise of Austerity Politics. Originally published in 2017 by Metropolitan Books, it is now available in paperback from Picador. The book tells a complex story of ...
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When New York City Almost Failed

An Excerpt from Fear City

New York’s Fiscal Crisis And The Rise Of Austerity Politics

Kim Phillips-Fein’s gripping narrative history, Fear City: New York’s Fiscal Crisis And The Rise Of Austerity Politics, has received high praise from a wide ensemble of interested and prominent voices. For instance, James K. Galbraith says: “This revealing narrative of New York’s transformation from working-class social democracy to the glittering home ...
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An Excerpt from Fear City