A very interesting thought, Mark. Which might help explain why handicap systems suck.. Consider this hypothesis:

Sailors who didn't originally "buy in" to the concept (and purchased yachts outside of a particular class) who now want the "social contract" advantages (class racing) and want the "socialists" (those adhering to said social contract) to bend for their whim(s).

These socialists, in the spirit of cooperation, attempt to incorporate these outliers while balancing a semblance of fairness (through the handicap rating).

Further, some outliers may seek to capitalize (herafter referred to as "capitalists") on this handicap system's inherent weakness (accurate data/ratings) to dominate the social contract they have been allowed access to.

Does this perpetuate socialism or capitalism? hmmmm.....