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i want to begin this post with a WikiPedia link to Military Keynesianism
---Excerpted from it..
Military Keynesianism is the accusation that John Maynard Keynes advocated government economic policy in which the government devotes large amounts of spending to the military in an effort to increase economic growth.[1] In fact, Keynes advocated that government spending be used to "in the interests of peace and prosperity" instead of "war and destruction".[2] An example of such policies are the Public Works Administration in the 1930s in the United States.
and.. (Think the "economics" of military spending and ignore the "if we don't spend it we will all DIE!" crowd for a bit..)
On the demand side, increased military demand for goods and services is generated directly by government spending. Secondly, this direct spending induces a multiplier effect of general consumer spending. These two effects are directly in line with general Keynesian economic doctrine. (ie; economic stimulus)
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And here you can find a treasury of information concerning World Military Spending (on Global Issues)
including..
"Of all the enemies to public liberty war is, perhaps, the most to be dreaded because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes … known instruments for bringing the many under the domination of the few.… No nation could preserve its freedom in the midst of continual warfare."
— James Madison, Political Observations, 1795
Global military expenditure stands at over $1.6 trillion in annual expenditure at current prices for 2010 (or $1.56 trillion dollars at constant 2009 prices), and has been rising in recent years.
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This is a large, and somewhat complex, issue to tackle so I'm going to settle for just throwing information at you..
Published on Tuesday, July 12, 2011 by On the Commons
Why is the Most Wasteful Government Agency Not Part of the Deficit Discussion?
Republicans ignore incompetence, bloat and corruption at the Pentagon
by David Morris
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Granted this post is about one specific issue, military spending. However it represents the "control" the government has as the entity in control not only of taxpayer dollars but also deficit spending / borrowing that never decreases but only increases.
Just multiple this effect throughout government and you begin to see the "big picture" that everything we see is somehow manipulated by government spending priorities and or Federal Reserve Banking "issues" or the lobbyists of multinational corporations.
Those entities seem to think, at this point in American history, that they have the ability to manipulate all that is economic endlessly (and, at least so far, they have been proven correct).
Take a look at this webpage which ranks the United States manufacturing industry.. (Sortable and really cool)
As one might expect the list is filled with..
Petroleum & Coal Products (The oil economy)
Motor Vehicles (GM and company)
Aerospace & Defense (The war economy)
Chemicals, Pharmaceuticals and Tobacco (Some of the things we enjoy "manufacturing")
In my opinion many, if not most, of these industries can be and indeed are frequently manipulated by government via policy / regulation.
This IS crony capitalism.
People need to understand that every aspect of their lives is ALREADY being micro-managed by government (taxes, regulation, policy), the Federal Reserve Bank (who decides how much, or how little, your dollars are worth) and multinational corporations (who control our food, our access to medication, our cost for services).
We, the people, lost our voice and ability to participate in the system, long ago..
Greg
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