Contributor Perspectives

The America's Cup: A High Seas Expression of Pure Capitalism

Tolga Ozyurtcu
Board of Contributors
Jul 17, 2017 | 08:00 GMT
Peter Burling, the helmsman of Emirates Team New Zealand, flanked by team CEO Grant Dalton (r) and a representative from sponsor Emirates airlines, holds aloft the America's Cup during a victory parade in Wellington, New Zealand.
(HAGEN HOPKINS/Getty Images)

A crew of improbable New Zealand heroes was honored on a wintry July 11 with a parade that drew throngs of jubilant Kiwis to the streets of Wellington. Members of Emirates Team New Zealand (ETNZ) had just returned from Bermuda, where they had become the underdog winners of the America’s...

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