There are several contextual events that heavily influenced the transformation of New York City's political system. Many social forces such as “the migration of capital, jobs, people. . . [and] technological changes” contributed heavily to the fiscal crisis during the 1970s (Tabb 324). The exodus of jobs and highly skilled workers, combined with the presence of a large unemployed population in New York City, has created a shrinking tax base. Furthermore, the general decentralization of federal government interests in local politics and the general shift to viewing the urban fiscal crisis as more of an individual problem rather than a systemic problem also means less funding from the federal government to help balance the budget. of the city. During this process, however, the degradation of power and authority was passed from the federal government to the state. Cities still remained responsible for balancing their own budgets without having much authority (Eisinger 309). With a growing push toward fiscal balance and greater globalization, cities have increasingly relied on the business community to provide