Tuesday, January 2, 2018

Arms 'Marketing'

Short video of William Hartung at TRNN describing how the MIC profits from war and government policy. My comment:

William Hartung hit the nail right square on the head. A popular meme spouted by many pro-capitalist economists is that in free markets, market forces (consumer spending/consumption) drives what gets produced. But somehow, these same economists never examine the 'market forces' of the planned military arms economy (created by governments, especially by the U.S. government). The planned military economy creates forces of lobbyists and special interests who advocate for constant war and continuous arms race. Instead of buying food, childcare, medical care, education and intact ecosystem for our children and grandchildren, American taxpayers are buying updated nuclear weapons and other military hardware, war game exercises, ill-will from hundreds of foreign military bases and global instability from waging and fomenting war. These are economic decisions and American voters need to understand the spending priorities of their government in that light. 
Another useful tool maybe to redefine what economies are. The word 'economy' has Greek roots meaning house or home. The common definition of economy is focused on production/consumption of consumer goods for the purpose of generating profit, a far cry from house/home. A much better definition would be self-organizing and self-sustaining systems of production, distribution and consumption of goods and services that promote the well-being of all participants. This would automatically make some sectors of the modern economy 'uneconomic' because they do not promote well-being... the entire offensive arms/military industrial sector.

Name of piece: Code Pink Conference: The Arms Industry Hides Behind Euphemisms (December 29, 2017)

No comments:

Post a Comment