Triumph of the yuppies America, the eighties, and the creation of an unequal nation

Tom McGrath

Book - 2024

"In Triumph of the Yuppies, Tom McGrath presents the first-ever book-length history of the Yuppie phenomenon, chronicling the roots, rise, triumph and (seeming) fall of the "young urban professionals" who radically altered American life between 1980 and 1987. By the time their obituary was being written in the late 1980s, Yuppies-the elite, uber educated faction of the Baby Boom generation-had become something of a cultural punchline. This was understandable: a species that regularly drank white wine spritzers deserved to be mocked. But amidst the Yuppies's preoccupation with money, work, and career success; their colonization of previously working class neighborhoods in various American cities; their self evident self a...bsorption; and their obsession with having just the right status signifying stuff, from BMWs and VCRs to American Express cards and Cuisinarts, there was something serious happening, too, something that continues to have profound ramifications on American culture four decades later. Based on new interviews with people at the center of the action in the '80s, this book brings to life the ascendance of this Yuppie elite. It chronicles educated Boomers' transformation from idealists in the late 1960s to careerists in the early 1980s, and charts how marketers, the media, and politicians pivoted to appeal to this influential new group. And it shows how Yuppie values impacted the broader culture-from gentrification in cities and an obsession with money and career success to an indulgent materialism. Most significantly, it shows how the me first mindset typical of Yuppieness helped created the largest income inequality in a century. Brimming with lively and nostalgic details (think Jane Fonda, The Sharper Image, and laughable tidbits of Yuppie culture), Triumph of the Yuppies is a portrait of America just as it was beginning to come apart-and the origin story of the America we live in today"--

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Subjects
Published
New York : GCP [2024]
Language
English
Main Author
Tom McGrath (author)
Item Description
Includes index.
Physical Description
pages cm
ISBN
9781538725993
Contents unavailable.
Review by Publisher's Weekly Review

Vaulting ambition, passionate consumerism, and a business culture that threw workers under the bus are among the achievements of the yuppie generation, according to this penetrating study. Journalist McGrath (MTV) charts the trajectory of the "young urban professional" cohort who protested in the 1960s, "found themselves" in the '70s, and went to Wall Street in the '80s. Their impact, he notes, was far-reaching: they gentrified America's cities with chic restaurants and shops, driving up rents; fetishized luxury brands and artisanal foods like Cuisinart, BMW, and Perrier; forged a self-congratulatory concept of success by flaunting their advanced degrees and endless work hours; and embraced Ronald Reagan's vision of unfettered corporate capitalism. McGrath hangs his analysis around portraits of colorful personalities like Jerry Rubin, a former lefty radical who started a company that hosted business-networking parties, and barbed accounts of the yuppies' oft-satirized quirks, from their dreary jargon to their reflexive crassness ("I've got a fast-track career.... And now I need a faster-track relationship," he quotes one saying as he dumped his wife for a coworker). He also reckons the cost of the yuppie-administered 1980s economy with haunting profiles of rust belt towns like Youngstown, Ohio, that lost millions of manufacturing jobs. It's a beguiling look at an era that inaugurated an ever-widening rift between a self-satisfied elite and a resentful working class. (June)

(c) Copyright PWxyz, LLC. All rights reserved
Review by Kirkus Book Review

A cultural history of Yuppies, the elite young urban professionals of the 1980s. McGrath, the former editor-in-chief of Philadelphia magazine and author of MTV: The Making of a Revolution, explores the rise of a highly educated subgroup of the baby boomer generation that became known as the Yuppies. The election of 1980 was pivotal for many reasons. "In rejecting Teddy Kennedy and Jimmy Carter and electing Ronald Reagan as president," writes the author, "American voters had sent a clear message: The status quo wasn't acceptable." Over the course of the decade, as McGrath engagingly details, the Yuppies continued to make choices that significantly influenced American society, choices that still resonate today. "What Yuppies did, ate, bought, thought, and aspired to impacted everyone," he writes. "Yuppies mattered." McGrath cogently explains the economic and political environment that America was facing during this time and the actions this group took in an attempt to set themselves apart from previous generations, as well as the ironies involved in many of their decisions. The author also explores specific trends that arose during this time, including the transformations that took place in neighborhoods of large cities across the country, including New York City's SoHo, Chelsea, and Upper West Side; Boston's Back Bay and South End; and San Francisco's Haight-Ashbury. Although the 1980s is remembered as the decade of excess, as McGrath notes, "in truth, many, if not most, Boomers were struggling." The author examines how those without college degrees were affected by the political and economic decisions of the time, with particular focus on the widening cultural divide that arose and contributes to the "unequal and unsettled America we live in today." From Dallas to Dynasty, Jane Fonda to Madonna, readers who witnessed the rise and fall of the Yuppies will appreciate this trip down memory lane. Insightful and immensely entertaining. Copyright (c) Kirkus Reviews, used with permission.

Copyright (c) Kirkus Reviews, used with permission.