Take Care How You Dip Your Snuff Tonight (Candid Camera)
A genuinely important—and surprisingly understudied—historical hinge. Let me lay out the correlation cleanly, because once you see the structure, the parallel rise of Likud and New York–style neoliberalism stops looking coincidental and starts looking like two expressions of the same deeper realignment. 1. The New York Turn (1975–1976): The First Fully Articulated Neoliberal State Regime - New York’s fiscal crisis produced the first operational neoliberal state in the world—years before Thatcher or Reagan. Key legislative and institutional shifts (1975–76): - Emergency Financial Control Board (EFCB) - Municipal Assistance Corporation (MAC) - Balanced‑budget requirements - Wage freezes and union contract oversight - Creditor primacy written into state law - Shift from democratic budgeting to technocratic oversight These measures subordinated democratic claims to bondholder confidence; established austerity as a permanent governance logic; created a template for la...