Showing results by author "Kim Phillips-Fein" in All Categories

Long before the "culture wars" usually associated with the rise of conservative politics, driven individuals funded think tanks, fought labor unions, and formed organizations to market their views.These nearly unknown, larger-than-life, and sometimes eccentric personalities - such as General Electric's zealous, silver-tongued Lemuel Ricketts Boulware and the self-described "revolutionary" Jasper Crane of DuPont - make for a fascinating, behind-the-scenes view of American history.

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.