Michael Daly in a New York magazine piece, explaining why the looting that occurred during the 1977 New York blackout coincided with a Democratic presidential administration:

In retrospect, the poor might simply have been a few years ahead of their time. They might have just been acting with the passions that would guide the coming decade of conspicuous consumption. Their 25-hour frenzy might only have been their own brief exercise of the principle that Greed is Good.

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