{"id":73322,"date":"2022-04-30T03:00:27","date_gmt":"2022-04-30T07:00:27","guid":{"rendered":"https:\/\/quotulatiousness.ca\/blog\/?p=73322"},"modified":"2022-04-30T10:47:56","modified_gmt":"2022-04-30T14:47:56","slug":"the-nfl-draft-is-not-socialism-its-capitalism-on-steroids","status":"publish","type":"post","link":"https:\/\/quotulatiousness.ca\/blog\/2022\/04\/30\/the-nfl-draft-is-not-socialism-its-capitalism-on-steroids\/","title":{"rendered":"“The NFL Draft is not socialism. It\u2019s capitalism on steroids”"},"content":{"rendered":"

Peter Jacobsen<\/a> refutes the claim that the NFL Draft is like socialism:<\/p>\n

\"\"<\/a><\/p>\n

Once we recognize that teams aren’t really business competitors, and insofar as there is athletic competition it’s tempered to maximize profit, the claim that the draft is socialism rings pretty hollow.<\/p>\n

But, as if this weren’t enough, history also debunks the claim that the draft is a socialist institution.<\/p>\n

In 1934, Minnesota Gophers’ senior running back, Stan Kostka, led his team to an undefeated season and made himself the top prospect for professional teams. As a result, teams engaged in a bidding war which ended in Stan going to the (no longer existing) Brooklyn Dodgers.<\/p>\n

As a result of the bidding war, Kostka became the highest paid player in the NFL (with a $5,000 contract).<\/p>\n

The owner of the Philadelphia Eagles was so mad about losing the bidding war that he proposed the idea of the draft to the NFL the following year.<\/p>\n

So, in other words, the NFL draft started as a way for team owners to cooperate to keep player wages below where they would be if bidding wars were allowed.<\/p>\n

To be fair, I haven’t read everything Marx wrote. But something tells me a system where capital owners cooperate to keep employer bidding wars from occurring isn’t praised in some obscure work he and Engels published. In fact, this is about as opposite to Marx as you can get.<\/p>\n

In the modern day, players have formed unions to combat owner cooperation, but the point remains the same. The NFL is a highly sophisticated organizational structure that allows athletic competitors to cooperate in the goal of making money.<\/p>\n

So, insofar as Americans enjoy the exciting games created by the draft system, they don’t have socialism to thank. Instead they should thank the cooperation facilitated by self-interest channeled through the free market.<\/p>\n

The NFL Draft is not socialism. It’s capitalism on steroids.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Peter Jacobsen refutes the claim that the NFL Draft is like socialism: Once we recognize that teams aren’t really business competitors, and insofar as there is athletic competition it’s tempered to maximize profit, the claim that the draft is socialism rings pretty hollow. But, as if this weren’t enough, history also debunks the claim that […]<\/p>\n","protected":false},"author":1,"featured_media":35193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[831,26,7,18,13],"tags":[484,489,179,960,764],"class_list":["post-73322","post","type-post","status-publish","format-standard","hentry","category-business","category-football","category-history","category-sports","category-usa","tag-competition","tag-minnesota","tag-nfl","tag-nfldraft","tag-university"],"jetpack_featured_media_url":"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2016\/06\/favicon.png","jetpack_shortlink":"https:\/\/wp.me\/p2hpV6-j4C","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/73322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/comments?post=73322"}],"version-history":[{"count":2,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/73322\/revisions"}],"predecessor-version":[{"id":73338,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/73322\/revisions\/73338"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media\/35193"}],"wp:attachment":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media?parent=73322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/categories?post=73322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/tags?post=73322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}