Frankly, Altucher makes a compelling case for this time being different than other seemingly existential threats of the past that might have appeared to compel the city that never sleeps to do just that—for good. For Altucher, the heavy, onerous arm and boot of government have become too much for New Yorkers—residents and businesses alike—to bear. The covid hysteria, inept lockdowns, and mismanagement by the likes of DeBlasio, Cuomo, and their sycophant ninnies have all led to, not only the snuffing out of the entrepreneurial spirit but very much destroyed, in the most direct means imaginable, the enterprises themselves. Back that up with the New York police being ordered to stand down in front of BLM and Antifa rioters (and asinine Ruth Bader Ginsberg riots?!) looting stores and burning down their fronts, and the civil authorities have not held up their end of even the corrupt Rousseauan social contract.
Altucher is not the only sensible one to leave New York for greener and warmer pastures—many have, are, and will be doing so in the future. Thus, what New York and other massive cities in the United States like my own formerly fair Chicago now face is a retraction of what had characterized the past few decades of people of means moving back into the inner cities. Cities gentrified. Formerly unattractive and even dangerous neighborhoods received an injection of interest and capital, and of course, the requisite Starbucks. Hipster artist types faux lamented the increase of “balconization” as ever-increasing lofts and condos with balconies dotted the new façades of old buildings. To be sure, they did not seem to recognize that loss of traditional, cultural neighborhood identification came with all of their suburban friends moving into the place as they sipped their chais and waxed unpoetic about how horrible all of the capitalism was from their iPhones.