Speculation in the current crisis: Orange County, California. A case study in economic sociology.
Item
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Title
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Speculation in the current crisis: Orange County, California. A case study in economic sociology.
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Identifier
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AAI9959167
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identifier
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9959167
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Creator
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Briggs, Janice Lynne.
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Contributor
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Adviser: Roslyn Bologh
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Date
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2000
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Language
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English
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Publisher
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City University of New York.
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Subject
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Sociology, Social Structure and Development | Economics, Finance | History, United States
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Abstract
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The Orange County bankruptcy of 1994 has heretofore been analyzed on the journalistic level of who, when, where, what; placing blame on individuals and seldom rising above this surface presentation. This dissertation analyzes the activities that led to the bankruptcy in terms of their place in a much wider context: local, national, and international economics; local and national politics and culture.;This dissertation argues that though Robert Citron, treasurer of Orange County for almost one-quarter of a century, is personally responsible for his choices and any criminal activity he engaged in, his decision to speculate with public funds lies embedded in the economic, political, and cultural changes that have taken place since the world economy went into crisis in the late 1960s to early 1970s. The decisions which led to the Orange County bankruptcy are therefore rooted in structural and ideological alterations that laid the groundwork which made such decisions seem rational and justifiable; suppressing awareness of possible harm to the public.
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Type
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dissertation
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Source
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PQT Legacy CUNY.xlsx
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degree
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Ph.D.
