A witty, fast paced roller-coaster ride through 1980s New York.New York in the 1970s was a city in debt and seemingly terminal decline. Its manufacturing base had been eviscerated. Poverty was endemic and crime at an all time high. New York needed money. Then came the 1980s, and Reaganomics and deregulation. Boom! The town was back in business. It pivoted from old school industry to computerised finance. Digitising stocks and money put them on steroids. People became extremely wealthy.
Gods of New York covers four years at the end of the 80s: 1986-1989. Mayor Ed Koch sought and won an historic third term. But there was much strife afflicting the city - racially motivated violence, the AIDS crisis, high level corruption, poverty, homelessness, drug addiction and the mentally unwell living on the streets. For every societal ill there was a charismatic if controversial advocate. The list of such characters is mesmerising: Black activist Reverend Al Sharpton, AIDS crisis agitator Larry Kramer, film maker Spike Lee, disease specialist Anthony Fauci and crime fighting lawyer Rudy Giuliani, to name a few. There are also plenty of less famous characters, such as Joyce Brown, a homeless woman turned celebrity. The city had tried to have her institutionalised, but she fought through the courts to be allowed to return to the street.
Hovering above the city is Donald Trump, a glittering success and a figure of undisputed economic prowess. Throughout the late 80s Trump would back himself into a corner by over investing in the Atlantic City casino scene, just at a time when punters had no money and were pulling in their spending. And yet the banks continued to lend him staggering amounts of money. His debts became so eye-watering that the banks essentially couldn’t let him fail.
Author and journalist Jonathan Mahler does a brilliant job of building a compelling narrative around the events, scandals and crimes of the day. (A lot of time is devoted to harrowing crime cases.) He has a witty style and clever turn of phrase, able to distill the cultural and economic movements of the time into pithy one liners. The picture that emerges of New York is of a place that is terribly fractured and extreme. A city of dreadful poverty, entrenched racism, drug addiction, homelessness and mental illness. Why, one wonders, so many problems in a city that is an economic engine room of the world economy? The book doesn’t end on a cheery note, with Jonathan Mahler asserting that these divisions, between rich and poor, black and white, have only become more entrenched.
An entertaining and insightful portrait of a complex city. New York may be cruel and unforgiving, but it produces extraordinary people and cultural movements.
The Gods of New York, by Jonathan Mahler. Published by Hutchinson Heinemann. $36.99