The football industry and capitalist political economy: a square peg in a round hole?

Peter Kennedy

Research output: Contribution to journalArticle

Abstract

The modern football industry has the appearance of a capitalist success story, in as much as it has succumbed to commercialization and is awash with capital. However, to what extent does this appearance hold? Examining the football industry from the vantage point of Marxism, which views surplus value extraction as the measure of the essence of capitalist enterprise, this article argues that football may be increasingly commercialized but it is not fully capitalist.
Original languageEnglish
Pages (from-to)73-94
Number of pages22
JournalCritique: Journal of Socialist Theory
Volume40
Issue number1
Early online date2 Mar 2012
DOIs
Publication statusPublished - 2012

Keywords

  • football
  • football players
  • surplus value
  • speculation

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