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The basics + Socialism, Capitalism & American Sports
Transcript of The basics + Socialism, Capitalism & American Sports
, Capitalism &
“We are a bunch of fat cat
who vote socialist
”Art Modell, former owner of the Cleveland Browns/Baltimore Ravens
takes their earnings from Television & divides it evenly between the
teams. Many say this is why a little town such as
is able to compete with big market teams such as the
Not too many Americans know this, does this change the way you view sports?
What are the major Pro's with
What Are the major Con's of
What are the major Pro's of
What are the major Con's of
Why do we dislike inequality, yet defend it's importance?
Are you a socialist, or a capitalist, or both?
NFL & Socialism
Major League Baseball is more capitalistic
What do you think is the biggest contributor of the
Amount of games
Its unique to America
In baseball Teams as the
who are televised more than
of the other teams get to keep their share of TV revenue which allows them to have a payroll of over
Whereas teams like the
who have a payroll of
and are never on TV have a significantly less opportunity for success.
Baseball's relatively unrestrained free market system produces fairer results than pro football's socialism. From 2001 through last year, both
different teams place in the
slots for their championship game. But football has had just
different winners over those
seasons, while baseball has had
What about global inequality? Are we so spoiled we don't even realize it?
Why is this? The Pirates did win the Series in 1971 and 1979, while the Cleveland Browns (either in their old manifestation or rebirth in 1999) and Detroit Lions have never even been to a Super Bowl. The NFL has 12 postseason spots for it's 32 teams, so 37.5 percent of the clubs will get a playoff berth. Baseball has room for just eight playoff teams out of 30, or 26.7 percent.
Players in the NFL are always trying to bargain with the owners to ensure a fair split of profits. Often that is not the case. The same can be true for all players as well. Even in a socialist system there is still inequality. Look at
18 million dollar a year salary. Not every Quarterback gets the same pay, It is not communism.
Russel Wilson "
" gets 500,000 thousand a season, which is less than Peyton makes in a week.
Social Safety Nets
Learner outcomes: Compare & contrast Economic systems and evaluate their effectiveness
Some times its hard to choose how much
is enough? Just ask
Should a government influence economics?
How different people see other economic systems