Quote:
Originally posted by oregonblue
This is capitalism at its best, or worst??????
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At its worst, I'd say OB. With everyday Capitalism in business, when one company goes broke, and its shareholders suffer, that's tough. There will be new companies to take its place, and the shareholders are unlikely to be keeping all of their golden eggs in the one basket.
In the case of baseball, however, what happens if the MLB clubs go broke? And what happens if the fans can't afford tickets any more? There may be other clubs willing to enter the MLB, but where does the new breed of wealthier fans come from? Nope. This situation MUST be rectified if the "show" is to survive. Otherwise the fans will content themselves with the Minor Leagues and the cycle will simply start all over again! AAA will become the "show" and those players will start to clamour for a bigger share of the pie.
Limit the size of the pie. That's the only answer.
Cheers,
Warren Willson