By Graham Thompson
This publication seems to be past the typical label of 'Ronald Reagan's the United States' to chart the complicated intersection of cultures within the Eighties. In doing so it presents an insightful account of the key cultural sorts of Nineteen Eighties America—literature and drama; movie and tv; tune and function; paintings and photography—and influential texts and tendencies of the last decade: from White Noise to Wall road, from Silicon Valley to MTV, and from Madonna to Cindy Sherman. A centred bankruptcy considers the altering dynamics of yankee tradition in an more and more globalised marketplace.Key beneficial properties: * targeted case reports that includes key texts, genres, writers, artists and cultural developments* special chronology of Eighties American tradition* Bibliographies for every bankruptcy* Twelve black and white illustrations
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Extra info for American Culture in the 1980s (Twentieth Century American Culture S.)
While the years after the 1980s have seen the more startling possibilities of this new digital domain, the 1980s is a decade of genuine innovation on a mass scale at the point where technology meets culture. New economic sectors began to establish themselves and the ways in which people interacted with culture, as I will show in the later chapters, began to change. One further factor to consider at this stage is the way in which the reach of more cultural products was becoming global. Space Invaders was not just a Japanese or American phenomenon.
Most prominent amongst these was Milken. While Boesky received a $100 million fine and a three-and-a-half-year prison sentence, Milken was charged on ninety-eight counts of racketeering and fraud. In a plea bargain he admitted to half a dozen lesser charges, paid a $200 million fine, another $400 million in civil lawsuit settlements and he served just under two years in prison. At his sentencing, the judge referred to a series of letters she had received from members of the public which reflected, she said: a perception that we as a society must find those responsible for the alleged abuses of the 1980s, economic harm caused by savings and loan associations, takeover targets and those allegedly injured by the issuance of junk bonds as well as by insider trading and other alleged abuses, and punish these criminals in proportion to the losses believed to have been suffered.
Although the term was an invention of the advertising industry looking to codify a new generation of consumers, yuppies – young upwardly mobile professionals – became synonymous with wealth, their allegiance to expensive, branded products (cars, the new cell phones emerging in the mid-1980s, and consumer technology in general) and urban lifestyles revolving around drinking, eating, shopping, fashion and body-sculpting. ’17 Career-oriented, yuppies became one of the most important and visible social groups of the 1980s.