Olympics are a great point of national pride for the organizing country. I don't understand why these days we still let each Olympics be organized by a single c

Olympics are a great point of national pride for the organizing country. I don't understand why these days we still let each Olympics be organized by a single country. It could very easily become a global event, where different disciplines would happen in different parts of the world. More importantly, though, Olympics have become a major capitalism fest, its increasingly about consumption, and a small number of already very rich people making shitload of money at the expense of the public in the organizing country.