Football Takes Capitalism Out of Bounds
Last week, Europeans showed the red card to the moguls – and their financiers – who tried to form a Super League of the continent's top 15 football clubs. Now that Europeans discovered their moral Rubicon, the time may have come for a broader rethink of who owns what.
ATHENS – Europe has discovered its moral Rubicon, the frontier beyond which commodification becomes intolerable. The line in the sand that Europeans refuse to cross, come what may, has just been drawn.
We bowed to bankers who almost blew up capitalism, bailing them out at the expense of our weakest citizens. We turned a blind eye to wholesale corporate tax evasion and fire sales of public assets. We accepted as natural the impoverishment of public health and education systems, the despair of workers on zero-hour contracts, soup kitchens, home evictions, and mind-numbing levels of inequality. We stood by as our democracies were hijacked and Big Tech stripped us of our privacy. All of this we could stomach.
But a plan that would end football as we know it? Never.