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- Title
War is Bad for You. . .and the Economy.
- Authors
HARTUNG, WILLIAM D.
- Abstract
The article discusses the belief that spending money on weapons is good for the economy, a notion that is often repeated by political leaders. The author argues that this belief is a myth and that the long-term damage caused by prioritizing military spending outweighs any short-term gains. They highlight the opportunity costs of investing in the military, such as neglecting other crucial needs like housing, education, and public health. The article also addresses the diminishing returns of military spending, the impact on job creation, and the toll of war on veterans. The author suggests that redirecting funds from the military to domestic programs could address economic problems more effectively. They advocate for a comprehensive plan that prioritizes the needs of the people and challenges the notion of military-fueled prosperity.
- Subjects
WAR; POOR people; GREENHOUSE gas mitigation; LIFE expectancy; REINTEGRATION of veterans
- Publication
CounterPunch, 2024, p1
- ISSN
1086-2323
- Publication type
Article