With the displacement of Greece’s elected government by Eurocrats acting in the interest of the country’s creditors, I thought this would be a good time to reprise the section of my 1997 book Wall Street that covers the New York City fiscal crisis of 1975, which was something of a dress rehearsal for the neoliberal austerity agenda that would go global in the 1980s. Certain celebrity academics are constantly cited for making this argument, but I was there first. You can download Wall Street for free by clicking here: Wall Street. This chapter, and this book, has… Read More