Saturday, September 4, 2010

Truer words are seldom spoke or wrote

Over at Counterpunch, Ron Jacobs reviews David Zirin's latest book: Bad Sports, How Owners Are Ruining the Games We Love. The following quote form the Jacobs piece is a more useful elucidation of the path that the too-big-to-fail corptocracies in America have been following for the last few disastrous year:



The pursuit of profit is the primary motivation for professional sports teams just as it is for Lockheed Martin or the Bank of America. It doesn't matter how that profit is made--TV revenues and overpriced tickets, imperial war or the selling of derivatives--just as long as it is made. The customer is not important, only their money. Once they no longer have any money, those customers become as expendable as a bank employee after a takeover. Then, when corporate failure seems imminent because of these profitmaking activities, taxpayer money is provided to help said corporation continue its same pattern.