Autumn is Here
It's that time again. Autumn will soon be upon us and with it, the beginning of another NFL season. As this most red-blooded of American sports gets underway, it's worthwhile pausing for just a moment to look at the irony of this great American ritual.
As Americans gather around their big screen televisions to cheer their favorite Team, we have to wonder if they realize that the NFL is actually organized around several key principles of Socialism. What!!?? Socialism? That's right, Socialism.
1. Equal Distribution of Wealth - The NFL represents 32 teams from across the US. Each team is a member of the National Football League. The NFL assumes the responsibility of collecting revenue from broadcasters who are licensed to air NFL games - annual revenue is approximately $10B - and distributes it equally amongst each of the clubs. It doesn't matter if a major market team - such as the NY Giants, New England Patriots or San Francisco 49ers - is actually responsible for a greater share of the revenue generated from the broadcasts because they have a significantly greater base of fans. The revenue is still distributed EQUALLY amongst each of the 32 Teams.
2. Salary Caps - Each team in the NFL is subject to the same salary cap regardless of the market in which they operate. The only way to pay another player more is by paying another player less.
3. Players Unions - That's right! The NFL players have union representation.
This is capitalism operating within a socialist ecosystem. Many would just call it Socialism.
The great irony here is that this sport is cheered every weekend by millions of American industrialists, financiers, institutional investors and other elites who consider Socialism and its principles of social equity to be an abomination of their capitalist ideals. I wonder if they've ever stopped to think that their favorite sport actually functions so well as an enterprise because of its principles of fairness and equity?
http://www.amazon.com/gp/product/B00C...
Legacy of The Peacock Throne
As Americans gather around their big screen televisions to cheer their favorite Team, we have to wonder if they realize that the NFL is actually organized around several key principles of Socialism. What!!?? Socialism? That's right, Socialism.
1. Equal Distribution of Wealth - The NFL represents 32 teams from across the US. Each team is a member of the National Football League. The NFL assumes the responsibility of collecting revenue from broadcasters who are licensed to air NFL games - annual revenue is approximately $10B - and distributes it equally amongst each of the clubs. It doesn't matter if a major market team - such as the NY Giants, New England Patriots or San Francisco 49ers - is actually responsible for a greater share of the revenue generated from the broadcasts because they have a significantly greater base of fans. The revenue is still distributed EQUALLY amongst each of the 32 Teams.
2. Salary Caps - Each team in the NFL is subject to the same salary cap regardless of the market in which they operate. The only way to pay another player more is by paying another player less.
3. Players Unions - That's right! The NFL players have union representation.
This is capitalism operating within a socialist ecosystem. Many would just call it Socialism.
The great irony here is that this sport is cheered every weekend by millions of American industrialists, financiers, institutional investors and other elites who consider Socialism and its principles of social equity to be an abomination of their capitalist ideals. I wonder if they've ever stopped to think that their favorite sport actually functions so well as an enterprise because of its principles of fairness and equity?
http://www.amazon.com/gp/product/B00C...
Legacy of The Peacock Throne
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