This is the text of a talk I gave at New York City DSA’s night school, Socialists of NYC series, May 14, 2024 As the 1960s were turning into the 1970s, New York City was coming off a long economic boom. Sure, we’d lost 151,000 manufacturing jobs between 1950 and the 1969 peak, but that was almost exactly offset by a gain in finance, and overall employment in the city was up 391,000. There were signs of budgetary trouble starting in the mid-1960s, but those issues were patched over with a combination… Read More