CLASS STRUGGLE AND FISCAL CRISIS: NEW YORK CITY AND THE DEVELOPMENT OF AUSTERITY.

Title: CLASS STRUGGLE AND FISCAL CRISIS: NEW YORK CITY AND THE DEVELOPMENT OF AUSTERITY.
Identifier: AAI8203298
identifier: 8203298
Creator: LICHTEN, ERIC ALLAN.
Contributor: Prof. Michael E. Brown
Date: 1981
Language: English
Publisher: City University of New York.
Subject: Sociology, Industrial and Labor Relations
Abstract: This is a study of the fiscal crisis of New York City. I analyze the fiscal crisis as both the product and process of class struggle. Specifically, I demonstrate how class struggle in New York City impacted upon the production and mediation of urban fiscal crisis.;Once accounting for the fiscal crisis, I analyze the use to which it is put by members of finance capital. I show how these members, specifically New York City's major bankers and financiers, were able to use the crisis to reorganize city politics and budgetary priorities. As a result of their power, austerity was instituted as public policy.;In the face of this power, the municipal labor unions are shown to lack the class unity and ideology, as well as the power, to oppose austerity. I show how the labor unions decide to cooperate with a public policy restricting labor's political influence, as well as rank and file wages and benefits. This research therefore demonstrates the power of factions of finance capital relative to the public sector labor movement.
Type: dissertation
Source: PQT Legacy CUNY.xlsx
degree: Ph.D.
Program: Sociology

Media: CLASS STRUGGLE AND FISCAL CRISIS: NEW YORK CITY AND THE DEVELOPMENT OF AUSTERITY.