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<blockquote data-quote="MtnWasp" data-source="post: 875340" data-attributes="member: 4110"><p>In a society where it is nearly a religion to believe in the righteousness of Capitalism and the self-regulatory nature of the Free Market, it absolutely floors me that I should be the one to give GT fans a pep talk to allow the market to run its magic!</p><p></p><p>The NCAA's Amateur model became socialistic regulatory planned economy with the emergence of the $market$. Once the market grew to a substantial size, the entire legal, political and economic ideologies of our society came down on top the of the amateur status of the NCAA. Such a structure is legally incompatible within a capitalist system. The capitalistic ideologies are so ingrained, so integrated, normalized, legitimized and authorized as to be invisible habits of thought that we wouldn't even know how to question. </p><p></p><p>So, why are everyone's knickers in a twist when we turn over revenue producing college sports to the powers of the market, a process of which we trust so implicitly as to be blind faith? </p><p></p><p>We already had corruption, we had cheating, we had power consolidation. All the changes that were handing GT the short end of the stick were already happening before NIL. The old system was already failing. At least now we hand it over to economic forces that are trusted to the max by the population at large. </p><p></p><p>For those who share the religion of capitalism and the free market should have utter faith that, with time, the now freed market will be allowed, after a period of chaos and adjustment, settle into an equilibrium and organization that will result in the greatest good to the greatest number. Who doesn't want that? </p><p></p><p>And for those who are skeptical about the existence and benevolence of the Invisible Hand, well, you're screwed!</p></blockquote><p></p>
[QUOTE="MtnWasp, post: 875340, member: 4110"] In a society where it is nearly a religion to believe in the righteousness of Capitalism and the self-regulatory nature of the Free Market, it absolutely floors me that I should be the one to give GT fans a pep talk to allow the market to run its magic! The NCAA's Amateur model became socialistic regulatory planned economy with the emergence of the $market$. Once the market grew to a substantial size, the entire legal, political and economic ideologies of our society came down on top the of the amateur status of the NCAA. Such a structure is legally incompatible within a capitalist system. The capitalistic ideologies are so ingrained, so integrated, normalized, legitimized and authorized as to be invisible habits of thought that we wouldn't even know how to question. So, why are everyone's knickers in a twist when we turn over revenue producing college sports to the powers of the market, a process of which we trust so implicitly as to be blind faith? We already had corruption, we had cheating, we had power consolidation. All the changes that were handing GT the short end of the stick were already happening before NIL. The old system was already failing. At least now we hand it over to economic forces that are trusted to the max by the population at large. For those who share the religion of capitalism and the free market should have utter faith that, with time, the now freed market will be allowed, after a period of chaos and adjustment, settle into an equilibrium and organization that will result in the greatest good to the greatest number. Who doesn't want that? And for those who are skeptical about the existence and benevolence of the Invisible Hand, well, you're screwed! [/QUOTE]
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