Our chief industry: War

AntiWar.Com
by Justin Raimondo

11/18/09

While our factories have long since moved abroad, where wages are lower and regulation is lax, and our crippled industries are in Dr. Obama’s economic intensive care unit, on life support and awaiting last rites, America’s number-one export — representing, by far, our single largest capital investment — is our overseas military presence. What Chalmers Johnson referred to as our ‘empire of bases’ is the framework of an international economic system in which the division of labor is roughly as follows: while Asia is the factory of the world, South America the farmland, and Europe increasingly a theme park/museum, the U.S. role is that of world gendarme...

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