The European Super League is the perfect metaphor for global capitalism | Larry Elliott

From elite football to tech giants, our lives are increasingly governed by free' markets that turn out to be rigged

Back in the days of the Soviet Union, it was common to hear people on the left criticise the Kremlin for pursuing the wrong kind of socialism. There was nothing wrong with the theory, they said, rather the warped form of it conducted behind the iron curtain.

Related: Boris Johnson says fans will be at centre of wider review of English football