The concluding paragraphs, quoted for truth:
The expanded postseason is key. More than any other sport, MLB's playoff system acts as an equalizer. Fair or not, in broad strokes, a team that wins 83 games in a bad division has as much chance of winning the World Series as the Yankees or the Red Sox. Seemingly, no matter how much those teams spend over the winter, that competitive advantage is neutralized come October.
So while the capped leagues all struggle to find the right balance between capitalism and socialism, baseball continues to prosper operating within a much more free-market system. Teams in big markets and small markets alike are making money, and everyone has a chance to win it all.
If it ain't broke, don't fix it. And right now, baseball is anything but broke.