Are you ready for some football?
Super Bowl Sunday is, obviously, a day for fun, food and friends. But as you enjoy the football game, consider the deeper meaning of it all – and how our economic fortunes could improve if we seriously changed our outlook. Consider these important “truths” about the game, and how they can apply after the game.
1) By the end of the game one team will be declared the winner, one team will be declared the loser, and only one individual player will be declared “MVP” - These facts are so obviousand common place that we don’t really think much about them. Yet allowing for natural and healthy competition to determine the score is completely counter to how most Americans (as well as the politicians they elect) think about labor, the possession of wealth, and the health of the economy.
Instead of allowing the best performers to enjoy the spoils of their labor (as we do with athletic competitions), with economic matters many Americans think in terms of “shared prosperity” (you have too much wealth and the government should take more of it away!), “shared responsibility” (the rich people should pay for my food stamps, Medicaid, mortgage relief, etc..), and “leveling the playing field” (I can’t have get enough success if you are enjoying too much of it). It’s not an accident that Americans continually elect politicians who promise to make our lives easier by minimizing the success of others. If we accepted other people’s success in the economy the way we accept it on the football field, we might just find that other people’s success actually creates jobs and benefits everybody.
2) Every member of each team will be required to play by the same rules – the NFL goes out of its way to eliminate human error when it comes to officiating. The referees are well-trained professionals who are expected to enforce the rules in equal measure with all the players from both teams – and when applying the rules is uncertain, digital instant replay technology is deployed to make that the “law” is applied appropriately.
Austin Hill is an Author, Consultant, and Host of "Austin Hill's Big World of Small Business," a syndicated talk show about small business ownership and entrepreneurship. He is Co-Author of the new release "The Virtues Of Capitalism: A Moral Case For Free Markets." , Author of "White House Confidential: The Little Book Of Weird Presidential History," and a frequent guest host for Washington, DC's 105.9 WMAL Talk Radio.