War, profit and the state
Free Market News Network
by Stefan Molyneux
04/20/06
The economics of war are, at bottom, very simple, and contain three major players: those who decide on war, those who profit from war, and those who pay for war. Those who decide on war are the politicians, those who profit from it are those who supply military materials or are paid for military skills, and those who pay for war are the taxpayers. (The first and second group, of course, overlap.) In other words, a corporation which profits from supplying arms to the military is paid through State taxation -- and under no other circumstances could the transaction exist, since the risks associated with destruction (as outlined in the table above) are equal to or greater than any profit that could be made. Now if those who decided on war also paid for it, there would be no such thing as war ...
http://www.fmnn.com/Analysis/159/4579/2006-04-20.asp?nid=4579&wid=159
Informant: Thomas L. Knapp
by Stefan Molyneux
04/20/06
The economics of war are, at bottom, very simple, and contain three major players: those who decide on war, those who profit from war, and those who pay for war. Those who decide on war are the politicians, those who profit from it are those who supply military materials or are paid for military skills, and those who pay for war are the taxpayers. (The first and second group, of course, overlap.) In other words, a corporation which profits from supplying arms to the military is paid through State taxation -- and under no other circumstances could the transaction exist, since the risks associated with destruction (as outlined in the table above) are equal to or greater than any profit that could be made. Now if those who decided on war also paid for it, there would be no such thing as war ...
http://www.fmnn.com/Analysis/159/4579/2006-04-20.asp?nid=4579&wid=159
Informant: Thomas L. Knapp
rudkla - 21. Apr, 16:15
