4 ms·
Economics should be thought about like sports, with the corporations as athletes, countries as teams, regulators as referees, and citizens as owners. If you do
by wikitopian 4y ago
Economics should be thought about like sports, with the corporations as athletes, countries as teams, regulators as referees, and citizens as owners.
If you don't keep it competitive and rewarding for the athletes, there's no money for the owners of the franchises to share.
Moralizing either in favor of the owners (socialist demagoguery) or the players (capitalISM) ends up harming the game.