But MLB isn't capitalism in it's strictest sense. The Federal Government is colluding with MBL by granting the anti-trust exemption. Amazon, WalMart, etc., companies that are operating under the capitalistic principles are subject to the laws governing interstate commerce where MLB is not.
MLB’s antitrust exemption resulted from a 1922 Supreme Court ruling that stated, somewhat incredulously, that the business of Major League Baseball did not constitute “interstate commerce,” thus making it exempt from the Sherman Act, which prevents businesses from conspiring with one another in an effort to thwart competition.
This anti-trust exemption has given teams the right to operate as a defacto monopoly even though there are several teams operating in several states.
IMO this is a pretty good read on MLB's anti-trust exemption, the history of it, and how it affects baseball.
https://www.usatoday.com/story/sport...me/7211552002/
It's a mere moment in a man's life between the All-Star game and the Old Timer's game.
-Vin Scully
There absolutely is something to anti-trust exemption negating the capitalistic aspect of it (although it’s not hard to argue that anti-trust exemption is just another economic feature to capitalize on.)
But bare bones capitalism involves employee compensation through pre-determined wages in exchange for producing goods and/or services. In that respect, MLB does fit the bill.
But your point is valid…
The MLB payroll and payroll tax systems are unique, methinks. Are there any other industries in which companies whose payroll exceeds a certain level gets penalized for it? And that's just one of the quirks.
Championships since purchase by John Henry group: Red Sox 4 Yankees 1
The Red Sox are 8-1 in their last 9 postseason games against the Yankees.
"Fans have become more entitled than anything. So they're starting to question our motives for the game, or how we approach the game. The ones that do question -- like who are you? Just shut up and watch the game tonight." --Kevin Durant on players' lack of effort in regular season games.
The analogy would be the person with a specialized skill -- let's say a physician leaving residency* -- being limited to a single employer in health care. Sure, the physician instead could choose to work as a Lyft driver.
That's not bare bones capitalism.
* although medical school students face similar restrictions on Match Day when residency assignments are announced
Last edited by harmony; 12-05-2021 at 12:54 PM.
Championships since purchase by John Henry group: Red Sox 4 Yankees 1
The Red Sox are 8-1 in their last 9 postseason games against the Yankees.