Citing the astronomical cost involved in bidding for the summer Olympics, building the infrastructure, the people it displaces, only for the facilities never to be used again, University of Maryland's John Rennie Short argues in favour of giving the games a permanent home.
Though Olympic boosters say the Summer Games allow a city to showcase itself to a global audience, only two Games, both in Los Angeles, have ever made a real profit. They managed to do so by using existing facilities and commercializing the Games to an extent that the IOC is unlikely to accept again.
These soaring costs are baked into the city selection process. The game of the Games is rigged, with the IOC bearing no cost but reaping great profits. The competition is designed to force cities to bid ever upward, proposing state-of-the-art projects that they might not even need. Because of the mounting price tag, the vast majority of countries could never afford to host the Games.
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