Opinion | What The NBA Can Teach Us About Fixing Income Inequality – The New York Times
The United States is one of the most unequal countries in the developed world. People who arent wealthy have less chance of success and less chance for their children to succeed. When you talk about fixing these things, though, people freak out. Taxing the rich? Helping the poor? To many Americans, that smells like socialism. But theres one part of American society that has been successfully fighting inequality for years, and right under our noses, because they know just how important it is to make sure everyone gets a fair chance. Thats right, Im talking about the National Basketball Association. [UPBEAT MUSIC PLAYING] See, in the N.B.A., there are rich teams and poor teams. The New York Knicks, the Los Angeles Lakers and other big-city teams charge more for tickets, sell more merchandise and strike bigger broadcasting deals. Theyre rolling in money. Meanwhile, the Phoenix Suns and Minnesota Timberwolves are struggling to get by. Now, you may be thinking, great. Thats competition for you. Let the best team win, right? Well, no. The N.B.A. wants competition on the court. But to maintain that competition and make sure every team has a fighting chance, the N.B.A. imposes strict rules to limit competition everywhere else. Lets take a look. Rule 1: revenue sharing. The N.B.A. makes about $2.6 billion every year from national television deals. But that money is divided evenly among the teams, regardless of how many viewers each team attracts. Popular teams, which bring in huge audiences, are actually giving up some of their earnings to help out teams that are less profitable. Rule 2: spending limits. Theres this thing called the salary cap. Its a limit on how much each team can spend on players. Last year, it was about $110 million. And every team has to stay under that limit. So instead of a no-holds-barred free market, the N.BA. is actually stepping in to make sure the wealthy teams dont always outbid everyone else. And that means poor teams can make competitive salary offers to top players. Rule 3: the Draft. New players enter the N.B.A. through a draft. But how do you decide who gets first dibs on the hot talent? Well, its not random. The N.B.A. awards those precious top draft picks to the worst teams. Thats right. Each seasons worst teams are actually rewarded for their failures by getting a better chance at the top pick. And that gives them a head start on building a better team for next season. So why does the N.B.A. do all this? Simply put, they know that unregulated competition would be a disaster. The rich teams would use their mountains of cash to buy up all the best players, and soon, theyd have a chokehold on the league. Youd start to see the same few teams in the championship every year Lakers, Bulls, Knicks. Lakers, Bulls, Knicks. Just imagine the Knicks. It would be a lot like the rest of America, where the wealthiest people can set their kids up with trust funds, while everyone else struggles just to pay the rent. But maybe youre wondering, why do rich teams agree to share their hard-earned profits with their poorer rivals? Well, the answer is simple the Lakers need other teams to play good teams. Otherwise, whats the point? The only reason fans show up for basketball is because we believe its a fair fight. We need to know that with enough talent, hard work and good old-fashioned luck, any team has a chance at the championship. Without that level playing field, it would be boring as hell, and bad business for the N.B.A. And heres the thing a level playing field would be good for the rest of us too. So what would it take for America to look a little more like the N.B.A.? Well, we would need higher taxes on the wealthy to redistribute money from the rich to the rest of us. And, just like the N.B.A. draft, we would need to give poor folks a better shot at opportunity, like making sure everyone has access to education and good housing. Thats what a leg up looks like. Now, obviously, you cant run a country like a sports league. And the N.B.A. has plenty of flaws too. The rich owners keep getting richer, just like the rest of the country. And while the players are well compensated, thousands of other workers, the ones who collect tickets, sell popcorn, clean the stands, dont make very much at all. But we can still learn a lesson from the N.B.A. They havent abolished winners and losers. They havent abolished capitalism or wealth or profit. They just keep teams from using those profits to rig the system and spoil the game for everyone. Thats not socialism. Its just fair play. So which world do you want to live in? A society where everyone has a chance to succeed or one where the winners are always the New York Knicks?
Follow this link:
Opinion | What The NBA Can Teach Us About Fixing Income Inequality - The New York Times
- The Problem with Municipal Socialism: A Response to Liza Featherstone - Left Voice - February 18th, 2026 [February 18th, 2026]
- Siege and socialism: Photographer captures the consequences of sanctuary policy in the Twin Cities - Alpha News - February 18th, 2026 [February 18th, 2026]
- Capitalism, Socialism, Democracy and the Return of History - outlookbusiness.com - February 18th, 2026 [February 18th, 2026]
- Fueled By "Rage And Socialism," New Helldivers 2 Cyborgs Will Roundhouse Kick Your Ass - GameSpot - February 11th, 2026 [February 11th, 2026]
- Trump Accounts will help reverse the tide of socialism - The Hill - February 11th, 2026 [February 11th, 2026]
- Corbyns anti-socialism, Sultanas reformism and the necessary revolutionary alternative - World Socialist Web Site - February 11th, 2026 [February 11th, 2026]
- Is socialism-oriented economy holding Nepal back? - kathmandupost.com - February 4th, 2026 [February 4th, 2026]
- Capitalism Improves Human Lives, Socialism Does the Opposite - The Daily Signal - February 2nd, 2026 [February 2nd, 2026]
- SCOOP: Trump administration rolls Trump Accounts out as "the antidote to socialism" - Washington Reporter - February 2nd, 2026 [February 2nd, 2026]
- Denouncing Socialism While Supporting It - oklahomaconstitution.com - February 1st, 2026 [February 1st, 2026]
- Columnist says socialism can't succeed anywhere amid Venezuelas political turmoil - Fox News - January 30th, 2026 [January 30th, 2026]
- Socialism: understanding the theory, the path, and the process - Communist Party USA - January 30th, 2026 [January 30th, 2026]
- In Defense of Democratic Socialism and a Critique of Capitalism and Feudalism - Daily Kos - January 30th, 2026 [January 30th, 2026]
- As capitalism hurtles to dictatorship and world war, young people must join the struggle for socialism! - World Socialist Web Site - January 30th, 2026 [January 30th, 2026]
- Trump Accounts touted as wealth-building tool for next generation, measure against socialism - Read Lion - January 30th, 2026 [January 30th, 2026]
- Koutsoumbas: The KKE will become strong, ready to answer the call of history, for socialism! - In Defense of Communism - January 30th, 2026 [January 30th, 2026]
- Scott Bessent on the 39% of young Americans thinking favorably of socialism: Theyre just not invested in the stock market - Fortune - January 30th, 2026 [January 30th, 2026]
- David Kaufman: The rise of Mamdani socialism will come at the expense of Black people - National Post - January 26th, 2026 [January 26th, 2026]
- In Defense of Private Property: Repelling the Rise of Socialism - Crisis Magazine - January 6th, 2026 [January 6th, 2026]
- Maoism offered as a bogus alternative to African Socialism and Pan-AfricanismPart Two - World Socialist Web Site - January 6th, 2026 [January 6th, 2026]
- Maoism offered as a bogus alternative to African Socialism and Pan-AfricanismPart 1 - World Socialist Web Site - January 6th, 2026 [January 6th, 2026]
- Stossel: Examining the myths and realities of socialism vs. capitalism - MSN - January 6th, 2026 [January 6th, 2026]
- Mamdanis warmth of collectivism. Tell me again that socialism isnt communism | Opinion - SILive.com - January 4th, 2026 [January 4th, 2026]
- Quote of the day by Ronald Reagan: Socialism only works in two places - The Economic Times - January 4th, 2026 [January 4th, 2026]
- What is socialism and how it turned Venezuela into a living hell under Nicholas Maduro - WION - January 4th, 2026 [January 4th, 2026]
- New York's Socialism Era Begins with Knicks Giving Tyrese Maxey Part Ownership of Madison Square Garden - Crossing Broad - January 4th, 2026 [January 4th, 2026]
- This is the most vivid example of socialism destroying an economy: Venezuelan activist - Fox News - January 4th, 2026 [January 4th, 2026]
- Dave Ramsey Says Belief That Becoming Wealthy Is 'Blind Luck' Is 'Moronic' And 'Demotivating' Thinks It 'Rolls Socialism In With A Red Carpet' -... - January 4th, 2026 [January 4th, 2026]
- How to Mamdani-proof New York City and save it from socialism - The Hill - January 2nd, 2026 [January 2nd, 2026]
- Democratic Socialism Arrives In NY With Zohran Mamdani; He Promises To Govern Audaciously - IndiaWest - January 2nd, 2026 [January 2nd, 2026]
- Zohran, Greenlands Oceanic Socialism, and the Trump Economy - The American Prospect - December 31st, 2025 [December 31st, 2025]
- Fighting Trump With Socialism - FOX News Radio - December 31st, 2025 [December 31st, 2025]
- Franklin Graham attributes rising church attendance to young people's rejection of 'anti-God socialism' - Christian Post - December 31st, 2025 [December 31st, 2025]
- Socialism and its tendency to turn things that were once very normal into a luxury - Contando Estrelas - December 31st, 2025 [December 31st, 2025]
- The Iron Lady saved England from socialism - kingfisherpress.net - December 31st, 2025 [December 31st, 2025]
- Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era receives high recognition from intl community: 2025 Global Survey on... - December 31st, 2025 [December 31st, 2025]
- Trump must reject housing socialism or face backlash at the ballot box - Washington Examiner - December 27th, 2025 [December 27th, 2025]
- Spain at a turning point: the decline of socialism and the rise of the far right - Atalayar - December 27th, 2025 [December 27th, 2025]
- With All Eyes on NYC, Seattle Quietly Braces for Its Own Experiment with Socialism - National Review - December 27th, 2025 [December 27th, 2025]
- Editorial: President Trumps brand of socialism has no place in a revival of Americas nuclear power industry - Chicago Tribune - December 10th, 2025 [December 10th, 2025]
- Sen. Rick Scott Calls for Passage of Resolution Denouncing Socialism: Its the Antithesis of the American Dream - U.S. Senator Rick Scott (.gov) - December 10th, 2025 [December 10th, 2025]
- Seminar: Cuba and China reinforce the validity of socialism as a development model for both peoples. - Workers World - December 10th, 2025 [December 10th, 2025]
- Socialism: Here, There, and Everywhere - Countercurrents - December 10th, 2025 [December 10th, 2025]
- LETTERS: Don't accept the immigration insanity; socialism creep in CFP - Waco Tribune-Herald - December 10th, 2025 [December 10th, 2025]
- The World Keep Turning: Mamdani, Costco and socialism - Greenfield Recorder - December 5th, 2025 [December 5th, 2025]
- Socialism Against the State - tribunemag.co.uk - December 5th, 2025 [December 5th, 2025]
- Billionaire sounds alarm on socialism: Theyre trying to change our way of life - Fox Business - December 4th, 2025 [December 4th, 2025]
- How a Trip to Poland Convinced Me That Socialism Works - The Imaginative Conservative - December 4th, 2025 [December 4th, 2025]
- Maureen Dowd: My brother believes that America will never buy socialism - The Irish Times - December 4th, 2025 [December 4th, 2025]
- US Democrats and Republicans Approve Resolution Condemning Evils of Socialism - ZENIT - English - December 4th, 2025 [December 4th, 2025]
- Prefecture Party Secretary Intensifies Ideological Demands: Tibetan Buddhism Must be Sinicized and Adapt to Socialism - Central Tibetan Administration - December 4th, 2025 [December 4th, 2025]
- Podcast: Is economic anxiety driving people to socialism? - Reason Magazine - December 4th, 2025 [December 4th, 2025]
- Socialism is popular, but government is still the problem - Washington Examiner - December 4th, 2025 [December 4th, 2025]
- The December 9 Protest in Tanzania, Nyereres African Socialism and the Struggle for Permanent RevolutionPart Four - World Socialist Web Site - November 30th, 2025 [November 30th, 2025]
- Letter stating that socialism will ruin US was hyperbolic [letter] - LancasterOnline - November 30th, 2025 [November 30th, 2025]
- Youth and Socialism: The Emerging Trend Reveals Growing Support Among Voters - La Voce di New York - November 30th, 2025 [November 30th, 2025]
- Liberty vs. socialism: The cases of Louisiana and New York - Washington Times - November 30th, 2025 [November 30th, 2025]
- The December 9 protest in Tanzania, Nyereres African Socialism and the Struggle for Permanent RevolutionPart Three - World Socialist Web Site - November 28th, 2025 [November 28th, 2025]
- What Socialism Got Right - In These Times - November 26th, 2025 [November 26th, 2025]
- The December 9 Protest, Nyereres African Socialism and the Struggle for Permanent RevolutionPart Two - World Socialist Web Site - November 26th, 2025 [November 26th, 2025]
- Resolution denouncing socialism passes in the House, ahead of Mamdani visit with Trump - Deseret News - November 26th, 2025 [November 26th, 2025]
- Zohran Mamdani and Donald Trump Prove That There Are Two Paths Toward Socialism - Reason Magazine - November 26th, 2025 [November 26th, 2025]
- These 2 Arizona Congress members opposed measure decrying socialism - azcentral.com and The Arizona Republic - November 26th, 2025 [November 26th, 2025]
- Watch: Carter denounces the horrors of socialism - U.S. Representative Buddy Carter (.gov) - November 26th, 2025 [November 26th, 2025]
- The Wave of Evolutionary Socialism in American Cities: News Article - Independent Institute - November 26th, 2025 [November 26th, 2025]
- They really think this is how socialism works. They're going to destroy the New York economy. - facebook.com - November 26th, 2025 [November 26th, 2025]
- Denouncing Socialism - Congressman Tom Mcclintock (.gov) - November 26th, 2025 [November 26th, 2025]
- Socialism and the soul of the Packard Foundation - Capital Research Center - November 26th, 2025 [November 26th, 2025]
- Mamdani dodges question on socialism vote ahead of high-stakes meeting with Trump - Fox News - November 26th, 2025 [November 26th, 2025]
- Horrors of socialism: The new red scare that preempts debate | Opinion - Idaho Statesman - November 26th, 2025 [November 26th, 2025]
- Armstrong Williams: Socialism is the equal sharing of misery | STAFF COMMENTARY - Baltimore Sun - November 26th, 2025 [November 26th, 2025]
- The December 9 protest in Tanzania, Nyereres African Socialism and the Struggle for Permanent RevolutionPart One - World Socialist Web Site - November 26th, 2025 [November 26th, 2025]
- Political Landscape Shifts As Alabama's Figures And Sewell Take Opposing Stands On Socialism - Tuscaloosa Thread - November 26th, 2025 [November 26th, 2025]
- Socialism may be the rage in NYC, but not in Fairfax County! - Fairfax County Times - November 26th, 2025 [November 26th, 2025]
- MINI: Don't kind yourself, socialism is alive and well in this country - Sioux City Journal - November 26th, 2025 [November 26th, 2025]
- The Rise of Zohran Mamdani and Socialism in America - Heartland on the Lars Larson Show - The Heartland Institute - November 26th, 2025 [November 26th, 2025]
- The Democratic Party Is Offering a False Choice Between Socialism and Technocracy - Reason Magazine - November 26th, 2025 [November 26th, 2025]
- Martin: The American Dream still outshines socialism - The Detroit News - November 20th, 2025 [November 20th, 2025]
- Opinion | Gen Z, Socialism and the Memes of Production - The Wall Street Journal - November 20th, 2025 [November 20th, 2025]
- Socialism will 'help the Republican Party if it spreads,' influencer says - Fox News - November 20th, 2025 [November 20th, 2025]