NEW YORK OPERATES LIKE A NO-RISK CORPORATION AND COMMUNITIES PAY THE PRICE
New York loves to call itself a city. In practice, it behaves more like a corporation. A very large one. A no-risk one. One that never has to compete, never has to innovate to survive, and never has to downsize when performance slips. When pressure hits, it does what bad corporations do best. It protects itself first and pushes the cost outward.