expand icon
book Law, Business, and Society 9th Edition by Tony McAdams cover

Law, Business, and Society 9th Edition by Tony McAdams

Edition 9ISBN: 978-0073377650
book Law, Business, and Society 9th Edition by Tony McAdams cover

Law, Business, and Society 9th Edition by Tony McAdams

Edition 9ISBN: 978-0073377650
Exercise 30
In questioning Oakland Athletics general manager Billy Beane, The Wall Street Journal described professional football as "socialist" and baseball as "capitalist":
The NFL (National Football League) has been successful as a socialist league, equally divvying up the league's revenue among all the teams. Major league baseball, on the other hand, is a capitalist league, with a clear divide between big-market and smallmarket teams. Do you think some of baseball's financial rules have to be changed to better balance the playing field
Is "socialism" or "capitalism" the better system for professional sports Explain. See Jim Chairusmi, "Winning with Smaller Pockets," The Wall Street Journal, October 18, 2004,
Explanation
Verified
like image
like image

Discussion. The cited commentator viewed...

close menu
Law, Business, and Society 9th Edition by Tony McAdams
cross icon