here are the two paragraphs I was trying to produce: Baseball Inequality. This process of increasing inequality arising from market competition can be seen in Major League Baseball. Some teams, especially those in smaller cities with smaller markets, do not have the resources to hire the best players. The richer teams – such as the New York Yankees – can and do hire them. That means that unless luck plays a big role, the Yankees will win. This allows them to rake in the bucks. This of course allows them to hire the best yet again. For example, during the period from the 1920s to the 1950s, the Yankees became increasingly likely to win the World Series, moving toward winning 70% of the time.
This vicious circle undermines competitive balance in the baseball leagues. If the same teams win the championships year after year, it takes the enjoyment out of the game, hurting the MLB as a whole. Professional baseball has responded. In 2002, the owners and players agreed to a substantial luxury tax – the "Yankee tax." Also revenue sharing was increased, providing more funds to the poorer teams. -- Jim Devine / "it is all the more clear what we have to accomplish at present: I am referring to ruthless criticism of all that exists, ruthless both in the sense of not being afraid of the results it arrives at and in the sense of being just as little afraid of conflict with the powers that be." -- KM
