Business Insider -
6 Nov 2016 16:10

David J. Phillip/AP The argument for socialism in professional sports is really simple – if you let the top market teams keep all of their cash and don’t constrain their spending then they will obtain all of the top talent and the same group of top tier markets will have a huge advantage every single year. As a result of this, professional sports are highly socialist in nature. We cap salaries, we redistribute revenues, we unionize the workforce, etc. It just makes sense.¹ With the World Se...
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