Cronyist deals like the Olympics help remind us that there’s a big difference between support for free enterprise, and support for “big business.” Economic development corporations and business associations such as chambers of commerce are usually more than happy to squeeze a few more bucks out of the taxpayers if the money will go toward whatever the “business community” thinks should be subsidized at any given time. But, the entrepreneurs, employers, and taxpayers who lack lobbyists and pocketed politicians mean little to the business “leaders” who set policy.
Theoretically, the Olympics are a private organization, but in practice, it is a corporatist organization run by plutocrats whose mission in life is apparently to squeeze as much tax revenue as possible out of the residents of the countries and cities that host the Olympics.
For the sake of both the games and the hapless taxpayers who must supply the funds for the construction of such utterly unnecessary facilities, the IOC should abandon its cozy relationships with governments, and adopt policies that encourage the use of existing sports facilities, much like the World Games already does, and should refuse to accept any taxpayer funding whatsoever.
When the state heavily finances any project, including the training of Olympic athletes or the staging of Olympic games, its efforts seem foolish or wasteful when its intended results do not come about...The solution to these problems is to remove state influence from all aspects of Olympic competition.
Cutting out heads of state and national flags and medal counts and all those other pieces that make the Olympics about national teams rather than the athletes will only make the Olympics more relevant to younger viewers while distancing the games from the minds of pundits and politicians who think that the Olympic games are just another enterprise waiting to be "improved" by governments and their friends.