Tuesday, March 13, 2007

Race to the bottom

In economics, a "race to the bottom" is a theoretical phenomenon that occurs when nations or states compete with one another to attract corporations by systematically dismantling their regulatory standards, reducing welfare, property and corporate taxes and trade barriers under the expectation that the influx of corporate investment capital will offset negative effects on the public system. As competition increases, each progressive nation must further reduce their protections to appear more attractive, creating a positive feedback system of exploitative work conditions and poverty that doesn't stop until every nation on earth has opened its economy to the global corporate model. As the theory goes, everybody loses. Except, of course, the corporation.

Hockey's version of the race to the bottom isn't much less bleak. I'm surprisingly zen about this whole "eight-game losing streak" thing, but jesus christ — how sad is it that the only thing I have left to cheer for as an Oilers fan this season is a finish so horrifically bad that we somehow manage to plummet into a top-five pick? I'd actually be mad if the Oilers decided to start winning at this point.

Everybody loses. Except, of course, the EIG.

Fuck.

9 comments:

Black Dog said...

I'd say top 3 is easily in reach.

Black Dog said...

Picks that is.

Aw, you know what I mean.

kate said...

sure, you'd be a little upset. but wouldn't you like to see the boys play like they take pride in it? if we were terrible, but trying to improve, admitting our weakness, but still working on it, i think we'd be a more attractive market in the offseason than we are if we simply give up and push for a top five pick. have their been any good blogs on this years draft? i haven't seen any, it's probably too early anyhow.
kate

Shane said...

See, you guys can join will Bill Simmmons in his glee at watching his home team tank... http://sports.espn.go.com/espn/page2/story?page=simmons/070202_magazine

Only, if the Celtics finish in the bottom they have a 50-50 chance for either Oden or Durant, and they are both amazing basketball talents... whereas with the oilers, if they truly annihilate the rest of the season, you can hope to draft, say Alex Cherepanov Patrick Kane, and maybe Angelo Esposito...

James said...

What does that last sentence mean to people who don't know jack about the draft/prospects in general?

kate said...

i have a new headline for a story on the oilers website " Oilers 100% in Games Where They Out Score Their Opponents".
Apparently something like that appeared in a Seminoles stats guide a few years ago. ha.
kate

Michael said...

43% of the time they win every time

Anonymous said...

How many games are left in the oil season? It is most definitely possible that they cry themselves to sleep everynight as they never win another game this season. Even if you draft high, Lowe is going to trade em for a bag of pucks and MOAR PROSPEKTS!

Andy Grabia said...

Looks like we might have screwed ourselves again today, with our vote to change the draft. Here's hoping Anaheim and the Islanders don't make it to the finals..