Category Archives: Business

Power Broker by Robert Caro – Summary & Analsysi of Chapter 49

Chapter 49 – The Last Stand

Rockefeller’s transportation plans were now ready. The plan would cost $6.5 billion over five years. The only source of funds was the Port and Triborough Authorities. Now it was time to get rid of Moses. Moses had little to fight back with. The network of power structures he used to control had now almost disappeared. Now Triborough stood alone. If it was removed from Moses’s control, Moses would be gone. Moses’s power over Triborough rested on the bond covenants. A bond holder needed to sue Moses. But a single bond holder would not be able to do it by themselves. So, Rockefeller created a bond holder’s trustee. That trustee was the Chase Manhattan Bank, and that bank was owned by the Rockefeller family.

By 1967, Rockefeller sought approval to issue bonds to raise money for the transportation plans. He had support in the press and the legislature, but support from a public referendum was unsure. The unions were also unconvinced, and Moses was dead against. Moses calculated that claimed surpluses from the plans were in fact deficits that would be picked up by the taxpayer. The public would, according to Moses, be left with a staggering debt. If Moses went to the media, he would be able to wreck the bill. The Governor tried to mollify Moses. Rockefeller met with Moses and after the meeting Moses declared himself in favour of the plan. The Governor had paid for this support with a promise of power. To maintain Moses’s support, Rockefeller had offered Moses a role in the construction. Moses tapped Triborough funds to support the campaign for the bill.

Prior to the meeting with Rockefeller, Moses was preparing to fight the suit brought by the bond holders. After the meeting, Moses lost interest in the suit, even though he was backed by the law and would probably have won. A deal between the Governor and the Chase Manhattan Bank, between one Rockefeller and another, agreed the merger of transport bodies into a centralised authority.

Rockefeller continued to keep Moses on-board, promising a role in the new authority, but a promise was all it was. If there was no contract by March 1st, 1968, there would be no job. Now, having strung Moses along for so long, Rockefeller let Moses go. Moses was offered a post as consultant to the Triborough Authority. This was not a board post, in fact, the post had no authority at all. Moses would be reporting to somebody else and he had no option but to accept it. Moses was now powerless and muted. The age of Moses was over.

Analysis & Key Takeaways
  • Operating the government, the politicians like Robert Moses because he produced project that politicians could champion;
  • He took advantage of New Deal funding to building pools, parks and beaches;
  • Over his 44 year career, Moses always built projects that ensured that he would have even more power, the bridges with tolls for example, with their bond raising capacity;
  • There were no environmental review processes, there is no bullying allowed to the same extent…
The Power Broker is a Pulitzer Prize Winner
Chapter 1Chapter 2Chapter 3
Chapter 4Chapter 5Chapter 6
Chapter 7Chapter 8Chapter 9
Chapter 10Chapter 11Chapter 12
Chapter 13Chapter 14Chapter 15
Chapter 16Chapter 17Chapter 18
Chapter 19Chapter 20Chapter 21
Chapter 22Chapter 23Chapter 24
Chapter 25Chapter 26Chapter 27
Chapter 28Chapter 29Chapter 30
Chapter 31Chapter 32Chapter 33
Chapter 35Chapter 36Chapter 37
Chapter 38Chapter 39Chapter 40
Chapter 41Chapter 42Chapter 43
Chapter 44Chapter 45Chapter 46
Chapter 47Chapter 48Chapter 49
Chapter 50

Power Broker by Robert Caro – Summary & Analysis of Chapter 50

Chapter 50 – Old

Moses’s mind was still active, but he had nothing to do. The months ahead drew bleak and terrible. The effect of powerlessness became apparent. The eyes became rheumy, the figure emaciated. A discouraged sigh would be emitted constantly. Moses still sat at his desk at Triborough, but no advice was sought. Soon his former aides were avoiding his office. Eventually, the reality of the situation became clear to Moses; he was being left to die.

Moses was reduced to pleading for a meaningful position. His old cronies tried to fight for him, knowing that their wealth was dependent on Moses having a say in development. Eventually however, everybody realised that Moses had lost all his power. Moses would continue to expound on his past successes, but now people would grow bored and leave. He was now quite deaf and his eyesight was failing. He was still a big man in presence, but the loss of power had a telling psychological effect; he was no longer intimidating.

His intelligence was still active and he still wrote about city planning. He had a city-wide housing program worked out, but the previous flaws were still obvious and now many commentators felt free to criticise them. His desire was to continue to build to save his reputation but the priorities had changed and his plans were ignored. His impotence turned into bitter frustration and violent rages. He could not sit still. He was always anxious to get back and could not get any solace.

There were bright spots. There were monuments and developments named after him. He was named “Man of the Year” in the early 70s by various organisations. He had continued support in some sections of the press. These bright spots however, became fewer and fewer. His name, once a symbol of progress, became a symbol of failure. He no longer had no public platform to express his views. He was asked to host a TV program. The program was a fiasco, partly due to the refusal to wear a hearing aid, resulting in the situation that he was unable to hear anything the other contributors were saying.

By 1972. All of Moses’s contacts were either dead or retired. Once he led battalions, now he had only his chauffeurs and secretaries. His name had disappeared from the press. Moses’s career was over.

Analysis & Key Takeaways
  • Value of getting things done over wielding power to extract money or engage in corrupt acts: Moses was a cut above the both rich, arrogant and corrupt because he always fought opponents with joy and with the aim of expressing the ‘public interest’. He was consistently not held accountable by the electorate (for possible racism, prejudice, relocating the poorest in the name of engineering considerations i.e. the rich etc etc) becoming in effect the most powerful man in New York state for many decades. It was the fact that he was not elected, as a civil servant, he had the goal of wielding power in what he felt was unbiased. He did not value money or corruption through power. He valued the ability to get things done. And so he was closely aligned with the economic modernization of the New York infrastructure of the 20th century.
  • And so he could get away with allocating power in what was in fact a very biased manner which he personally may not have realized was biased; and we cannot confirm every decision was close to objective because we don’t and never will have the data to show just how subjective he was relative to others.
  • Moses tried to argue that the civilian roads were necessary to evacuate New York. He argued every case in order to gain more power. A totalitarian regime can have the will of a single architect the way a democracy cannot. People in a democracy do not sign on to having their own homes demolished for the greater good very often. This is the inherent frailty of democracy as a rather vague construct that doesn’t really exist in a serious way, because it is inimical to progress. Certainly Moses was at the heart of a totalitarian style and many politicians did not seem to mind that.  Proof that democracy dies in darkness. Democracy must do better to counter-act the evidence that Moses “got things done” by also being as or more productive while also accommodating the interests and perspectives of a wider audience (the democratic advantage being crowd-sourced preferences).
The Power Broker is a Pulitzer Prize Winner
Chapter 1Chapter 2Chapter 3
Chapter 4Chapter 5Chapter 6
Chapter 7Chapter 8Chapter 9
Chapter 10Chapter 11Chapter 12
Chapter 13Chapter 14Chapter 15
Chapter 16Chapter 17Chapter 18
Chapter 19Chapter 20Chapter 21
Chapter 22Chapter 23Chapter 24
Chapter 25Chapter 26Chapter 27
Chapter 28Chapter 29Chapter 30
Chapter 31Chapter 32Chapter 33
Chapter 35Chapter 36Chapter 37
Chapter 38Chapter 39Chapter 40
Chapter 41Chapter 42Chapter 43
Chapter 44Chapter 45Chapter 46
Chapter 47Chapter 48Chapter 49
Chapter 50

Power Broker by Robert Caro – Summary & Analysis of Chapter 39

Chapter 39 – The Highwayman

In 1948, automobile production had begun and petrol ceased to be rationed. Traffic increased rapidly and soon New York had serious congestion problems. Moses hit the press with new plans for highways and river crossings. Existing highways and parkways were to be widened. The program announced was to dwarf all previous plans. However, there were increasing calls for a balanced transport system, not one obsessed with the automobile. Mass highways had to complement mass transportation facilities, not compete with them.

Highways influenced housing development differently from transport systems like the subway. Subways required concentrated housing to allow stations to be in walking distance to the stations. Highways served car-owning residents, allowing the development to be more spread out into suburbs further away from the city. But these drivers still needed to work in the city and they would travel there by car and find somewhere to park.

New York’s press was still enamoured with Moses and were failing to express alternatives to Moses’s plans. There were planners and others with more informed opinion who recognised the importance of a more balanced program, but the series of post-war Mayors continued to be persuaded by Moses.

Moses did not seem to be fully aware of the impact of his planning decisions. He was insulated from the people who had to use his highways and move to make space for them. He was especially blind to the poor who could not afford cars and relied on public transport to get to work and live their lives. Despite the clear evidence that more highways meant more traffic and slower progress, Moses continued his highway programs without change.

Analysis & Key Takeaways
  • Paying attention to the poorest people seems to not be his priority….what did Jane Jacobs have to say about him? Oh!
  • Transit in subways was challenging and cars filled the express way.  The Lexington Avenue LRT line was an example of a crammed commuter struggling with a model of commuter transport that led to traffic jams. So turns out that they save money by doing fewer inspections in the transit system to save money so Robert Moses from 1934 to 1968 did not emphasize public transport. As a result, Robert Caro argues that the quality of public transport was in serious decline throughout with swearwords written in graffiti everywhere on the train system because they didn’t prioritize spending on mass transit. Instead New York prioritized upper middle class commuters who use the roadways;
  • Robert Caro (the author) believes that mass transit is the solution to all of New York’s transit problems. Bob Moses believes that investing in car pathways highways is the solution. There’s no clear answer for the time frame in question since the care was just starting to become mainstream when Moses was pushing for highways to cross over Manhattan but Caro has very strong inclination. So the biography of Bob Moses is fantastic detailed, amazing but of course there will be biases.
The Power Broker is a Pulitzer Prize Winner
Chapter 1Chapter 2Chapter 3
Chapter 4Chapter 5Chapter 6
Chapter 7Chapter 8Chapter 9
Chapter 10Chapter 11Chapter 12
Chapter 13Chapter 14Chapter 15
Chapter 16Chapter 17Chapter 18
Chapter 19Chapter 20Chapter 21
Chapter 22Chapter 23Chapter 24
Chapter 25Chapter 26Chapter 27
Chapter 28Chapter 29Chapter 30
Chapter 31Chapter 32Chapter 33
Chapter 35Chapter 36Chapter 37
Chapter 38Chapter 39Chapter 40
Chapter 41Chapter 42Chapter 43
Chapter 44Chapter 45Chapter 46
Chapter 47Chapter 48Chapter 49
Chapter 50

Power Broker by Robert Caro – Summary & Analysis of Chapter 40

Chapter 40 – Point of No Return

By 1952, capital revenues from the highway and bridge tolls was half a billion dollars. Moses now had more money for development than the city. Allied to this, the U.S. government were proposing a new Federal Highways fund. Moses increased his plans to use up the money.

Only the Port Authority had more funds than Moses. Moses decided to cooperate with his old enemy in order to tap into their funds to carry out his new programs. The Port Authority realised they had an identification of interest with Moses. Both their plans could only be achieved by cooperation. They agreed to build three new bridges and a connected series of new expressways across the city and stretching out into the suburbs. The two authorities were to make vast profits out of the road tolls; in effect out of the traffic chaos they were creating. Behind Moses was the coalition of special interests: oil companies, the motor industry and politicians, known colloquially as “The Highwaymen.”

In 1955, the two authorities had combined funds of one and a quarter billion dollars, more than enough to create a mass transit system, serving the city into the future and removing thousands of cars from the choked roads. Instead, the two authorities spent their money on the automobile. Not a cent was spent of mass transportation.

Travel on the subways were inhuman. The crowds pushed and shoved on the platforms before being crammed like sardines into ageing trains. By 1965, crowds were being jammed into the trains just short of suffocation. Because of lack of ventilation systems, the subways almost too hot to bear. Trains were constantly breaking down. From being one of the safest subways in the world, the New York system had degenerated into one of the most dangerous.

The floors were filthy. Walls were covered in abhorrent graffiti. Trips into the city from the suburbs took more than an hour.

Railroads were in a bad way as well. Moses’s highways had sucked all the funding away, the highwaymen providing the lobbying and support. The railroads grew poorer and started showing losses. Fares had to be raised and services cut back. This pushed even more people onto the highways in their clean, air-conditioned cars rather than use the crushed, dirty carriages.

The total cost of Moses’s treatment of the railroads and subways needs to be measured in the effect on commuters’ lives. A new illness was diagnosed, “Commuter Stress Syndrome”, and one in four commuters suffered from it. The commute on the starved subways and railroads dominated peoples’ lives. Many considered it more taxing than their actual work. The lives of the residents of New York were being eaten up by the attempt to move from one place to another.

Another effect of the highways was the spreading out of New York into suburbs with spaced out housing but little local infrastructure such as stores and theatres. With this type of low-density housing, mass transit is un-economic. There would need to be a change to high-density housing to allow enough people to use the stations. Building expressways no longer make sense. Only mass transit – the combination of buses, railroads and subways – made any sense. Robert Moses was planning to build a new highway costing $500M. If only $20M were spent on a new railroad, the impact on reducing congestion would be far greater.

Robert Moses was not interested in mass transit. It would mean revising his plans. He quashed all discussion of rapid transit plans, even though they had been fully worked out. The highways and bridges went ahead and as each section opened the congestion got worse. In fact, the bridges had been deliberately built with such low clearance that buses couldn’t pass through as it would have ruined Moses’s original concept. One man’s dream had become a nightmare for generations to come.

Analysis & Key Takeaways
  • Moses loved power not to become wealthy because he was already wealthy for the most part. He wanted the grandeur of building amazing things. The Borough presidents are powerful at least they thought they were but they aren’t actually and so in the 1965; this turns out wrong under Moses; the board of estimate should have more power…borough courtesy was the logic that borough presidents should only push something that was approved by the borough mayor;
  • He was not beholden to public opinion; Moses used economic forces rather than political bias. Non Democratic forced was the machine.
The Power Broker is a Pulitzer Prize Winner
Chapter 1Chapter 2Chapter 3
Chapter 4Chapter 5Chapter 6
Chapter 7Chapter 8Chapter 9
Chapter 10Chapter 11Chapter 12
Chapter 13Chapter 14Chapter 15
Chapter 16Chapter 17Chapter 18
Chapter 19Chapter 20Chapter 21
Chapter 22Chapter 23Chapter 24
Chapter 25Chapter 26Chapter 27
Chapter 28Chapter 29Chapter 30
Chapter 31Chapter 32Chapter 33
Chapter 35Chapter 36Chapter 37
Chapter 38Chapter 39Chapter 40
Chapter 41Chapter 42Chapter 43
Chapter 44Chapter 45Chapter 46
Chapter 47Chapter 48Chapter 49
Chapter 50

Power Broker by Robert Caro – Summary & Analysis of Chapter 41

Part 7 – The Loss of Power

Chapter 41 – Rumours and the Report of Rumours

Highways were only one field of Moses’s activities. There was also housing and the associated slum clearance. A few perceptive people began to see something sinister in what was going on.

In the early 1950s, Reformers had heard rumours about Moses’s clearance sites. When the Reformers visited Moses’s clearance sites they saw the disaster that was the relocation programme.  In front of some of the brownstones, large garbage cans began to appear. This meant that many more people were living in these houses than before. Neighbourhood became more racially mixed and significantly poorer, and with poverty came social problems. Good neighbourhoods were becoming slums. A repository for all the people cleared out in the wake of the new highways.

By 1953, people began to be fully aware of what was going on. If people were being hounded out of their homes, they would move to other areas, increasing the size of the slums. They felt the people should be made aware of what was going on, but their main means of communication, the press, was not interested. They were reluctant to attack Moses.

The Reformers therefore decided to do the research themselves. Statistics were difficult to come by. Moses and his colleagues had manipulated them had hidden them well. Many volunteers visited the highway sites and saw the reality of the relocation programs. Many people had been moved to buildings that were mere shells. They saw the implications for the city. New slums were being created faster than the old ones were being developed. Backed up with the research into the true statistics and plans, the true nature of the relocation plans was revealed. The researchers expected prominent display of their report in the press, but Moses and his team suppressed this. False statistics were inserted into the report. The report was issued nine months after it had been completed, with the changes added by Moses which changed the entire argument of the report. Of all the city’s press, only the New York Post published the report. It was never mentioned in the press again.

However, a commission was set up in late 1954 to investigate the sales of $15M worth of real-estate to one of Moses’s preferred partners for $1M. On investigation it was found that far from being demolished, the apartments were being kept open and rented out. A network of collusion was uncovered where everybody involved in the project was getting rich, and this was only one of many contracts. A normal press investigation would have blazed this all over the city. But the press, still enamoured with Moses, kept his name out of it. Not one investigative reporter was put on the story. As late as 1956, the protests to the plans was still an underground movement. The legend of Moses would have to be tarnished before a real change could occur.

Analysis & Key Takeaways
  • Moses was able to control the press in order to suppress the story.
  • Corruption requires a network.
The Power Broker is a Pulitzer Prize Winner
Chapter 1Chapter 2Chapter 3
Chapter 4Chapter 5Chapter 6
Chapter 7Chapter 8Chapter 9
Chapter 10Chapter 11Chapter 12
Chapter 13Chapter 14Chapter 15
Chapter 16Chapter 17Chapter 18
Chapter 19Chapter 20Chapter 21
Chapter 22Chapter 23Chapter 24
Chapter 25Chapter 26Chapter 27
Chapter 28Chapter 29Chapter 30
Chapter 31Chapter 32Chapter 33
Chapter 35Chapter 36Chapter 37
Chapter 38Chapter 39Chapter 40
Chapter 41Chapter 42Chapter 43
Chapter 44Chapter 45Chapter 46
Chapter 47Chapter 48Chapter 49
Chapter 50