Word: 80s
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...there is one career path that captures the essence of post-bubble Japan, it is "failed real estate speculator." During the '80s and early '90s, real estate speculation had been the frothy center of Japan's double-espresso economy, with developers and brokers becoming that era's version of the more recent dotcom billionaires. Speculators like Joji Obara were the heroes of Japan's go-go era, driving their Bentleys and Rolls Royces, living in their mansions, dating their exotic blond girlfriends. This was the period, remember, when Japan was going to take over the world. Men like Joji Obara...
Entertainment in the `80s, Novak says, was over-produced and rigidly non-spontaneous-"only valuable as kitsch, kitsch I love." The `90s began a backlash against inauthentic entertainment, where people turned their dials to real tragedy and spectacle: the O.J. trial, Princess Diana, the Clinton scandal...
Novak promises soap-stars with rope tricks, a new slate of student groups in bizarre acts, and-with visible pride-Bob Saget, star of the `80s television show Full House...
...figure it out, and saw that most of us aren't fighting. The vast majority have long since moved on. "The real ideology of the contemporary South is economic development, not the Confederacy," Wilson says. But for "an intensely committed ideological group," the right-wing politics of the '80s and '90s--smaller government, state's rights, the racially charged dismantling of welfare--echoes the old rebel yell. And for poor whites who missed the boat in the New Economy, flags and monuments to heroes may, he says, "be a kind of last stand...
...over and subdivided. His dad was in media too: he owned a billboard company. Steve attended the University of Wisconsin-Eau Claire (Department of Serendipity: its motto is Excellence). In 1981, he became a reporter in the Business section, just in time to catch the din of the roaring '80s. He helped chronicle the rise of the business celebrity, writing covers on Michael Eisner and Ralph Lauren, and the consumer side of business, like "Gridlock" and "Bad Service," and he edited one on "The Simple Life." As Business editor toward the end of the '80s, he had many encounters with...