The Reign of the One Percenters: Income inequality and the death of culture in New York City

[marmar]

from Orion:


The Reign of the One Percenters
Income inequality and the death of culture in New York City

by Christopher Ketcham


For my daughter’s benefit, so that she might know the enemy better, know what he looks like, where he nests, and when and where to throw eggs at his head, we start the tour at Wall Street. It’s hot. August. We’re sweating like old cheese.

Here are the monuments that matter, I tell her: the offices of Deutsche Bank and Bank of New York Mellon; the JPMorgan Chase tower up the block; around the corner, the AIG building. The structures dwarf us, imposing themselves skyward.

“Linked together like rat warrens, with air conditioning,” I tell her. “These are dangerous creatures, Léa. Sociopaths.”

She doesn’t know what sociopath means. ...........(more)

The complete piece is at: http://www.orionmagazine.org/index.php/articles/article/6470

[aquamarina]

1. Long article but it sure packed a punch. Wow.

[Bluenorthwest]

2. Great article, NY was culturally dead circa 1990 to be genorous

in all practical ways. There was a huge exodus of people who actually DO things to everywhere else. What I used to love there is not really there at all anymore. But OWS has given me hope for NYC.

[DonCoquixote]

3. do not forget

after 911, the GOP tried very hard to make NYC red instead of blue. They still are, thus the buzz about Christie, who represents the folks from the Jersey suburbs that used to be New Yorkers, but went for the crass excess.