Capital of the American Century: The National and International Influence of New York City: The National and International Influence of New York City Martin Shefter

ISBN: 9780871547682

Published: June 1st 1993

Hardcover

256 pages


Description

Capital of the American Century: The National and International Influence of New York City: The National and International Influence of New York City  by  Martin Shefter

Capital of the American Century: The National and International Influence of New York City: The National and International Influence of New York City by Martin Shefter
June 1st 1993 | Hardcover | PDF, EPUB, FB2, DjVu, audiobook, mp3, ZIP | 256 pages | ISBN: 9780871547682 | 9.76 Mb

Capital of the American Century investigates the remarkable influence that New YorkCity has exercised over the economy, politics, and culture of the nation throughout much of the twentieth century. New Yorks power base of corporations, banks, lawMoreCapital of the American Century investigates the remarkable influence that New York City has exercised over the economy, politics, and culture of the nation throughout much of the twentieth century.

New Yorks power base of corporations, banks, law firms, labor unions, artists and intellectuals has played a critical role in shaping areas as varied as American popular culture, the nations political doctrines, and the international capitalist economy. If the city has lost its unique prominence in recent decades, the decline has been largely—and ironically—a result of the successful dispersion of its cosmopolitan values.The original essays in Capital of the American Century offer objective and intriguing analyses of New York City as a source of innovation in many domains of American life.

Postwar liberalism and modernism were advanced by a Jewish and WASP coalition centered in New Yorks charitable foundations, communications media, and political organizations, while Wall Street lawyers and bankers played a central role in fashioning national security policies.

New Yorks preeminence as a cultural capital was embodied in literary and social criticism by the New York intellectuals, in the fine arts by the school of Abstract Expressionism, and in popular culture by Broadway musicals. American business was dominated by New York, where the nations major banks and financial markets and its largest corporations were headquartered.In exploring New Yorks influence, the contributors also assess the larger social and economic conditions that made it possible for a single city to exert such power. New Yorks decline in recent decades stems not only from its own fiscal crisis, but also from the increased diffusion of industrial, cultural, and political hubs throughout the nation.

Yet the city has taken on vital new roles that, on the eve of the twenty-first century, reflect an increasingly global era: it is the center of U.S. foreign trade and the international art market: The New York Times and The Wall Street Journal have emerged as international newspapers- and the city retains a crucial influence in information-intensive sectors such as corporate law, accounting, management consulting, and advertising.Capital of the American Century provides a fresh link between the study of cities and the analysis of national and international affairs.

It is a book that enriches our historical sense of contemporary urban issues and our understanding of modern culture, economy, and politics.



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