Based on anthropological fieldwork in Pittsfield, Massachusetts, In the Wake of the Giant has implications for towns and cities across the country and internationally. It traces the history of the Pittsfield region, the U.S. economy, and the tidal wave of multinational corporate restructurings. Comparing communities undergoing restructuring to newly independent states, Kirsch shows how these communities confront for the first time the challenge of directing their own present and future. The turmoil that develops as a result of these changes, and the means by which individuals, kin-groups and community voluntary organizations react and adapt are central themes of the book.