The idea that what is good for professional sport franchises and their wealthy owners is also good for the community as a whole is an excellent example of:

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This idea is an example of an ideology that primarily serves the interests of wealthy people, such as professional sport franchise owners, by suggesting that their prosperity will benefit the entire community, often without substantial evidence to support such claims. This aligns with the concept of trickle-down economics, which is criticized for favoring the wealthy under the guise of overall community benefit.

The Idea That What Is Good for Professional Sport Franchises