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Full-Text Articles in Labor History
More Austerity Coming? Lessons From New York City's 1970s Fiscal Crisis, Marc Kagan
More Austerity Coming? Lessons From New York City's 1970s Fiscal Crisis, Marc Kagan
Publications and Research
Crises can be moments of opportunity, but it is not foreordained who will seize the ring. The Great Depression ultimately led to the New Deal/Great Society state and increasing equality. 1975 New York City fiscal crisis, on the other hand, laid the groundwork for decades of neoliberal austerity. Despite political vulnerabilities, bankers and their Washington allies acted boldly to protect imperiled assets and remake a city in which the working class wielded some power as a bastion of finance capital. Seemingly powerful unions abandoned the public they served, and followed a risk-averse strategy of concessions in exchange for junior-partner corporatism, …
Universal Alienation And The Real Subsumption Of Daily Life Under Capital: A Response To Hardt And Negri, David Harvey
Universal Alienation And The Real Subsumption Of Daily Life Under Capital: A Response To Hardt And Negri, David Harvey
Publications and Research
This contribution is part of a debate between Michael Hardt/Toni Negri and David Harvey on the occasion of Marx’s bicentenary (May 5, 2018). The discussion focuses on the question of what capitalism looks like today and how it can best be challenged. In this article, David Harvey responds to Hardt and Negri’s previous debate-contributions.