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Exiled in the 1930s, Kracauer lived for a while in Paris and finally settled in New York. In exile, he viewed himself as a cultural observer, a "time-traveler." He wrote a lot about how history relates to time while photography is in the moment and totally visual.
The book seems to be about Kracauer, but Barnouw says it's not. She says it's about "the significance of his critical realism for cultural modernity."