European soccer - Why Karl Marx would love America's sports -- and hate Europe's - by Steven Stark
When it comes to big-time sports, it's Europeans who are the real free-market meritocrats - rewarding success, leaving failure behind, and letting every man fend for himself. By comparison, American professional sports is organized as a giant welfare state, where wealth is shared, luxury spending is taxed and passed to the poor, and even the weakest are never allowed to fail.
The contrast is most striking in football. To many abroad, the National Football League is America. And the NFL is about as redistributive an enterprise as one can imagine - a living example of "share and share alike." The league's revenue-sharing provisions mean that its massive television revenues go into a huge pot, which is handed out evenly regardless of success - the bigger, successful teams essentially subsidizing the smaller failures. There are also salary caps, and scheduling and draft mechanisms that empower the poor at the expense of the rich - all in the name of equality, otherwise known as "parity."
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