So I’m seeing a lot of backlash on different GBI posts and it’s both puzzling and refreshing.
I am not a capitalist. I believe in free enterprise and then using controls to keep capital from dwarfing labor. Call it the new deal approach.. and you’ll find very few new dealers in Washington. I’d argue that that is the problem. That’s Just full disclosure.
however, if you are a capitalist I have no problem with you being one. Why shouldn’t the billionaire be allowed to be a capitalist? I don’t understand why this offends some CNN viewers.. that those who benefit from different things than you can elect someone to go chase more benefits for themselves.
so, with that said, the NIL backlash of guys who post things like “guys are just naming their price to stay or transfer, can you believe this!?” Are bizarre to me..
I know the undercurrent. And that is that it’s offensive when someone who comes from the labor class can take advantage of the power of capital. There’s also an implication that if one is from the capital class, they should be able to use things like TARP to protect capitalism from emptying out the malfeasant bank that they are invested in. If you believe in capitalism and you were invested in banks that were doing credit default swap stuff .. nothing should have saved them or your investment.
if you are a true capitalist. If you believe in the free market… can you 1) be mad that a college kid has the power of the market at his fingertips? I mean, don’t you like it when a stock you are invested in goes up because Walmart can use leverage to get better deals from suppliers? 2) particularly.. can you be mad when the power of capital allows blue bloods to crush your non blue blood school? Say player A has a great year.. and then he goes to Ohio state next year for 1.2 mill in NIL. If you’re a capitalist, can you be mad about this? Is said player not just engaging in the proper role in the process of capitalism?
I’d love to find out reasons I may be viewing this incorrectly.
I am not a capitalist. I believe in free enterprise and then using controls to keep capital from dwarfing labor. Call it the new deal approach.. and you’ll find very few new dealers in Washington. I’d argue that that is the problem. That’s Just full disclosure.
however, if you are a capitalist I have no problem with you being one. Why shouldn’t the billionaire be allowed to be a capitalist? I don’t understand why this offends some CNN viewers.. that those who benefit from different things than you can elect someone to go chase more benefits for themselves.
so, with that said, the NIL backlash of guys who post things like “guys are just naming their price to stay or transfer, can you believe this!?” Are bizarre to me..
I know the undercurrent. And that is that it’s offensive when someone who comes from the labor class can take advantage of the power of capital. There’s also an implication that if one is from the capital class, they should be able to use things like TARP to protect capitalism from emptying out the malfeasant bank that they are invested in. If you believe in capitalism and you were invested in banks that were doing credit default swap stuff .. nothing should have saved them or your investment.
if you are a true capitalist. If you believe in the free market… can you 1) be mad that a college kid has the power of the market at his fingertips? I mean, don’t you like it when a stock you are invested in goes up because Walmart can use leverage to get better deals from suppliers? 2) particularly.. can you be mad when the power of capital allows blue bloods to crush your non blue blood school? Say player A has a great year.. and then he goes to Ohio state next year for 1.2 mill in NIL. If you’re a capitalist, can you be mad about this? Is said player not just engaging in the proper role in the process of capitalism?
I’d love to find out reasons I may be viewing this incorrectly.