The publicly funded arena bs continues - "The new structure itself is expected to cost at minimum $900 million, w/ownership contributing $50 million."

[Eye Cue DA COLI GAWD]

Everybody is ignoring this fact right here. The Thunder IS OKC now and really the only thing that gets props in that region outside of OU. It would be soul-crushing to its residents if that team left that city. The owners know they have OKC by the balls and can do whatever they want. There's no need to use your own money with a state and city like OKC.

Simple. Basic power play going on

Nothing more, nothing less.

Some of the posts in here

This is why you can't talk business with economists/accountants. They think everything is linear. Smarth dumb nikkas

 

[Eye Cue DA COLI GAWD]

public financing isn't capitalism, its socialism.
Keep telling me you don't know the terms you use.

 

[mastermind]

public financing isn't capitalism, its socialism.
Keep telling me you don't know the terms you use.

Public financed sports arenas are not socialism, especially when revenues go to the owners of the sports teams.

Everybody is ignoring this fact right here. The Thunder IS OKC now and really the only thing that gets props in that region outside of OU. It would be soul-crushing to its residents if that team left that city. The owners know they have OKC by the balls and can do whatever they want. There's no need to use your own money with a state and city like OKC.

This point is why municipalities get their pockets ran by billionaires.

 

[beaniemac]

why does the public continuously fall for this bullshyt? sports arenas rarely ever benefit the taxpayers in any sort of long term fashion. if I'm in gov't, I'm calling their bluff. most times, an alternative market is worse than where they currently are.

 

[KnickstapeCity]

@KnickstapeCity you been real flagarant with the gay shyt on here lately. Outside of New Yawk telling a grown man to suck your dikk might get you a bullet in your spleen

 

[David_TheMan]

Public financed sports arenas are not socialism, especially when revenues go to the owners of the sports teams.


This point is why municipalities get their pockets ran by billionaires.

capitalism doesn't involve government orgs.
Thats literally socialism.
capitalism is private entities operating in a free market, for the voluntary exchange of goods and services..

 

[mastermind]

capitalism doesn't involve government orgs.
Thats literally socialism.
capitalism is private entities operating in a free market, for the voluntary exchange of goods and services..

Capitalism 100% involves government orgs. They give benefits to create an environment for the free market to work.

Socialism is the opposite of this. You should definitely at least read Karl Marx before you throw around terms you don’t understand and accuse others of not being knowledgeable.

A socialist wouldn’t fund a sports arena because there is no material benefit for the collective.

 

[mastermind]

why does the public continuously fall for this bullshyt? sports arenas rarely ever benefit the taxpayers in any sort of long term fashion. if I'm in gov't, I'm calling their bluff. most times, an alternative market is worse than where they currently are.

Because a lot of people unfortunately think like this:

Everybody is ignoring this fact right here. The Thunder IS OKC now and really the only thing that gets props in that region outside of OU. It would be soul-crushing to its residents if that team left that city. The owners know they have OKC by the balls and can do whatever they want. There's no need to use your own money with a state and city like OKC.

 

[David_TheMan]

Capitalism 100% involves government orgs. They give benefits to create an environment for the free market to work.

Socialism is the opposite of this. You should definitely at least read Karl Marx before you throw around terms you don’t understand and accuse others of not being knowledgeable.

A socialist wouldn’t fund a sports arena because there is no material benefit for the collective.

No capitalism doesn't include government entities, thats literally socialism.

socialism is government management of goods and services. communism as it was originally called bolsheivik socialism, is a subset of socialism in which government controls, production, sale, management of all property.

That said its clear most of you don't have basic understanding of the simplist economic concepts from classic economics, keynsian economics, chicago school/monetarist , or even austrian.

 

[mastermind]

No capitalism doesn't include government entities, thats literally socialism.

You don't know what capitalism or socialism is, breh.

What means of production does the collective own in a sports arena that the private owner takes home majority of revenue? Think about this.

socialism is government management of goods and services.

That's not what a sports arena does, and its actually managed by the sports team owner.

 

[David_TheMan]

You don't know what capitalism or socialism is, breh.

What means of production does the collective own in a sports arena that the private owner takes home majority of revenue? Think about this.


That's not what a sports arena does, and its actually managed by the sports team owner.

lol, you literally type this while not understanding that the state operating is the anthesis of private business action, which makes it socialist, ie collectivist not private, ie capitalist.

You simply are ignorant of basic economics.

State, ie government, subsidy is socialism . Private is capitalist.
If this was a capitalist endeavour the billionaire owner would be getting his own loan and funding his project himself or issuing team bonds to fund the expense like private businesses.

 

[RickyGQ]

How are we still doing this goofy shyt?

 

[Regular_P]

Ok, i make 1 exception

Still having an issue with changing my avi. I got the same error on my laptop.

I aint duckin' the bet. I lost fair and square.

Make that picture 99x99, ain't that right, @smitty22

 

[No1]

You can't compare Seattle to OKC breh. Yeah, they stole the Sonics but Seattle still had its charm, Seahawks, the M's,, the Space Needle, Boeing, Microsoft, Amazon, fish tossing at Pike Place Market, etc. No doubt it's terrible to use public funds for stadiums and arenas, but still, y'all gotta stop comparing global cities that have industry, tourism, and Fortune 500 companies with fly-over small market pit-stop cities with only one thing that gives them pride and recognition, which is their lone sports team or nearby college program.

This is a better argument but it doesn’t address the fact that they never invest in these communities. So it goes back to what I said, is having that franchise and getting minimal financial windfall from it that benefits the average person there worth the emotional feeling of having a pro sports team?

 

[smitty22]

Make that picture 99x99, ain't that right, @smitty22

I don’t know nothing