Offside
Abstract
For nearly a century football has been emblematic of the United States and its society.
This will be compared against soccer, which is far and away the most popular and important
sport in Europe. The United States economy is theoretically a free-market system.
In contrast, Europe’s economic system is rooted in regulated and interventionist principles.
Interestingly, the economic policies of soccer and football as industries do not follow
the economic philosophies predominant in their respective home regions; in many ways
they actually operate directly to the contrary. In both soccer and football the inflow
and outflow of capital are derived primarily from the same three sources: media and
televisions rights, merchandising and sponsorship rights, and player salaries. Examining
these areas shows the ways in which the economic structures confound societal expectations.
The four primary reasons behind this paradox are: the different structures of the
governing bodies, the different ownership structures of the teams/clubs, the different
levels of competition between teams in each region, and the difference in length of
outlook for economic decision making by those in charge of the two sports. The current
consequences are superteams causing unbalanced competition in European soccer and
a potential work stoppage in the NFL.
Type
Honors thesisDepartment
International Comparative StudiesPermalink
https://hdl.handle.net/10161/3730Citation
Arnstein, Benjamin (2011). Offside. Honors thesis, Duke University. Retrieved from https://hdl.handle.net/10161/3730.Collections
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