But in a business like baseball, where the long-term health of any one franchise depends on the long-term popularity of the game, the pursuit of short-term self-interest--in the form of the protection of the benefits of local monopolies--brings about collective harm.
Local monopolies always get into trouble for pursuing self interests.
mnli hypothesis: Local monopolies always get into trouble for pursuing self interests. premise: But in a business like baseball, where the long-term health of any one franchise depends on the long-term popularity of the game, the pursuit of short-term self-interest--in the form of the protection of the benefits of local monopolies--brings about collective harm.