In Pursuit of Privilege : A History of New York City's Upper Class and the Making of a Metropolis

Extending from the 1750s to the present, __In Pursuit of Privilege__ recounts upper-class New Yorkers' struggle to create a world guarded against outsiders. Clifton Hood shows elites' part in the larger story of the city through class conflict and their role in New York's cultural and economic foundations. A history that extends from the 1750s to the present, In Pursuit of Privilege recounts upper-class New Yorkers' struggle to create a distinct world guarded against outsiders, even as economic growth and democratic opportunity enabled aspirants to gain entrance. Despite their efforts, New York City's upper class has been drawn into the larger story of the city both through class conflict and through their role in building New York's cultural and economic foundations. In Pursuit of Privilege describes the famous and infamous characters and events at the center of this extraordinary history, from the elite families and wealthy tycoons of the eighteenth and nineteenth centuries to the Wall Street executives of today. From the start, upper-class New Yorkers have been open and aggressive in their behavior, keen on attaining prestige, power, and wealth. Clifton Hood sharpens this characterization by merging a history of the New York economy in the eighteenth century with the story of Wall Street's emergence as an international financial center in the late nineteenth and early twentieth centuries, as well as the dominance of New York's financial and service sectors in the 1980s. Bringing together several decades of upheaval and change, he shows that New York's upper class did not rise exclusively from the Gilded Age but rather from a relentless pursuit of privilege, affecting not just the urban elite but the city's entire cultural, economic, and political fabric. "Clifton Hood traces the history of the elite class of New York City and the institutions they created in their relentless pursuit of privilege. While they were responsible for the creation of intuitions such as Columbia University, the New York Public Library system, and the Metropolitan Museum of Art, and provided skilled leadership in eras of immense turmoil, the idea of a privileged class clashes with the American democratic ideal. And, in fact, this upper class clashed with the rising professional class of bankers, lawyers, and other executives who increasingly rose in prestige and power as time rolled on. In Pursuit of Privilege traces the history of this elite class over two centuries, focusing on decades of upheaval and great change (such as the wars of the 1780s, 1860s, 1940s and the urban upheaval in the 1820s and 1970s), and argues the upper class was not born in the Gilded Age, but that the late nineteenth century was one of many periods where the elites wielded great power and influence and profoundly shaped, for better and for worse, the history of New York and America."--Provided by publisher. Table of Contents Introduction: The Upper Class Is a Foreign Country 1. “The Best Mart on the Continent”: The 1750s and 1760s 2. Uncertain Adjustments: The 1780s and 1790s 3. Wealth: The 1820s and Beyond 4. All for the Union: The 1860s 5. A Dynamic Businessman’s Aristocracy: The 1890s 6. The Ways of Millionaireville: The 1890s 7. Making Spaces of Their Own: The 1940s 8. The Antielitist Elite: The 1970s and Beyond Conclusion: The Limits of Antielitism Acknowledgments Abbreviations for Selected Manuscript Sources Notes Index