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Autumn In New York: Gotham And The Decline Of The New Deal Order (1967-1975), Lisle Jamieson

Political Science Senior Theses

In 1975, the city of New York looked out on the precipice of fiscal collapse. Years of borrowing, a fleeting tax base, deindustrialization, and the thinning of federal investment streams left the city short-changed and vulnerable, reliant on banks with waning interest in funding New York’s robust network of social services. [1] The conversations, contestations, and political resolutions that followed would reshape and remake the politics of a city that had, for four decades, represented a beacon of “social democracy.” [2] New York ultimately surrendered its commitment to urban liberalism and embraced a neoliberal politics of austerity, mirroring shifts taking …