Tuesday, July 31, 2012

Time for Olympic Medal Redistribution?

The distribution of medals in the last Olympics looks remarkably like the distribution of income in the United States. There's been endless clamor about how "unfair" the latter is. Maybe the Olympic Committee needs to step in and take medals from the top performing countries like the US and China and redistribute them to countries like India and Indonesia that deserve more? Are the disparities in economic economic achievement totally different than the disparities in athletic achievement?

olympics

Capitalism is a Dirty Word (ask Kim)

Capitalism produces income inequality. It simply enriches the privileged few at the expense of the rest of the population. Ask any Korean.