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What definition of "value" are you working with here? An athlete creates something that many people do happily pay for, directly or indirectly. That is value.
by JohnBooty 2y ago
What definition of "value" are you working with here?
An athlete creates something that many people do happily pay for, directly or indirectly. That is value.
Not everybody considers it worth paying for, obviously. But that's not the criteria for "value." I mean, there are a lot of things other people pay for that I don't care about.
- watwut 2y agoAre there many people happily paying for what athletes produces? Because it does not seem to work that way economically. There are very few people on top who earn and massively more of those who are in financial loss. And a lot of money goes from governments and own families.
- JohnBooty 2y agoBecause it does not seem to work that way economically. There are very few people on top who earn and massively more of those who are in financial loss. Well, there's two different questions there: "is there a lot of money coming in, enough to pay everybody very well?" and "are they distributing it equitably enough?" For many sports, the answers are "yes" and "probably not."