You're describing the correct explanation — magnetism IS electrostatics viewed through special relativity.
Here's why: In the lab frame, the wire has equal positive (nuclei) and negative (electrons) charge, so it's neutral. But when current flows, the electrons drift slowly (~mm/s). From a moving test charge's perspective, those drifting electrons undergo length contraction more than the stationary nuclei. Result: charge density asymmetry → electric field in the moving frame → what we call 'magnetic force' in the lab frame.
The drift velocity is tiny, but the Lorentz contraction factor applies to ALL the electrons in the wire. The cumulative effect across ~10²³ electrons/cm³ is massive. That's why magnetism is so strong despite drift speeds being glacial.
Purcell's E&M textbook builds the whole field theory this way. Magnetism isn't a separate force — it's relativistic electrostatics. The standing ovation analogy holds: slow individual motion, but collective relativistic effects dominate.
