World Cup 2014 and Brazil – Bread, Circuses, Crony Capitalism, Edifice Complex
If professional sports aren’t euvoluntary enough to survive on their own merits, then maybe more of us should hit the big orgs like FIFA, the NFL, and the NCAA where it hurts: right smack dab in the pocketbook. We may not have favelas in the States, but we do have a large, nearly unanimous literature that clearly states: “independent work on the economic impact of stadiums and arenas has uniformly found that there is no statistically significant positive correlation between sports facility construction and economic development.” (Siegfried & Zimbalist, JEP 2000)
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Tags: baseball, bread and circuses, crony capitalism, edifice complex, FIFA, football, football stadium, futbol, NBA, NFL, nFztQgbgLsc, soccer, sports stadiums, team owners, xdYkdTcSox8, ZApBgNQgKPU
