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Lecture 10

AMS 207 Lecture 10: AMS 207 Notes 4-19

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Miami University
American Studies
AMS 207
Busch Andrew

Hiphop, the Post Industrialization City, and Globalization Urban renewal From the 1950s to the 1970s (during the height of Keynesianism), many cities undertook urban renewal, which meant destroying older neighborhoods, further segregating poor minorities, building public housing and expressways. In NYC, 60,,000 homes were destroyed, 170000 people forcibly relocated Robert Moses, South Bronx Deindustrialization Millions of jobs disappeared during the 1970s as the direct result of private disinvestment or relocation of US businesses (some transferred, not lost for good) The chances that a US manufacturing plant would close in the 1970s was over 30 Automobile workers, for example, who lost jobs in the 70s were found two years later to have jobs that paid 435 less Between 1978 and 1986, the poorest 20 of US citizens experienced an absolute decline in income Deindustrialization In the 1970s, of US GDP coming from imports almost doubled, going from 5.7 to 10.9. Decade long recession Productivity growth was almost nonexistent in both industrialization and retail sales in the 1970s NYC narrowly escaped bankruptcy in 1975 with a federal loan the teachers union federal pension fund was collateral. 60,000 go off city payroll African Americans and Latinos are increasingly stuck in inner cities NYC Divided The loss of industry, cuts to social; service ad the simultaneous growth of the financial, real estate, and technological arenas in the late 1970s and 1980s led to NYC becoming increasingly divided between have and have nots Fort Apache, the Bronx Informational Economy vs. Informal economy Polyglot NYC Like LA on the west coast, NYC becomes an even more cosmopolitan, increasingly troubled, city after the Immigration Accts of 1965 NYC attracts large numbers of AfroCaribbeans: Jamaicans, Puerto Ricans, African Americans Like previous immigrants they often settle in the poorest areas: south Bronx, areas of Queens and Brooklyn Economic Transformations and Hip hop
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