The blog of a North Country Swede!

Saturday, December 31, 2011

NCAA sports is akin to slavery

Read "Let’s Start Paying College Athletes" by Joe Nocera on the OpEd page of today's The New York Times.

It clearly shows how today's "enterprise" management is focused on not giving labor—in this case the athletes—a fair share of the wealth they produce.

In fact it is my hypothesis—actually, I believe it is a fact—that our style of "free" market capitalism is managed/controlled to redirect as much as possible of the fair share of the wealth that labor produces to the managers/controllers of the enterprises that market/sell the goods and services in the marketplace.

It is doubly ironic when workers design and build the robots that replace workers.

And with a greater share of the wealth generated by the marketplace, and all the power and perks that brings, comes a greater share of the control of the market ... which feeds back into even greater control over the worker's access to the wealth-producing job he or she needs to earn a living. And the worker spirals down into as near a form of slavery as the law allows ... or, to put it another way, rents him or herself out as a mule.

Nocera's article clearly shows all this.

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