Tag Archives: military Keynesianism

War is bad for nearly everyone. But as long as we allow the leaders of our privatized war economy to reap unlimited rewards, their profit motive for war in Iran or anywhere will persist.... Putting some numbers on it.Other WordsCongress: War Profiteering Is Real. We Need To End It.Sarah Anderson, director of the Global Economy Project at the Institute for Policy Studies and co-editor of Inequality.org

What we’re not encouraged to do is to criticize or even to question America’s vast military establishment and its enormous power, even though President Dwight D. Eisenhower warned us about that establishment in his famous farewell speech in 1961.It’s high time we Americans listened to Ike as well as to J.W. Fulbright. Let’s give the latter a close listen, shall we?… I stumbled across Senator J. William Fulbright’s 1970 book The Pentagon Propaganda Machine and, out of curiosity, bought it...

Given his erratic behavior, from daily Twitter eruptions to upping his tally of lies by the hour, it’s hard to think of Donald Trump as a man with a plan. But in at least one area — reshaping the economy to serve the needs of the military-industrial complex — he’s (gasp!) a socialist in the making.… William Hartung apparently misses that the first step in the plan is reality distortion, also known as "gaslighting." With such field distortion, establishing truth becomes impossible on...

Another multi-trillion dollar boondoggle in the works that could have been avoided. The Anglo-American defense industry will be pleased.Asia Times‘Star Wars’ missile defense is back, but not how it should be Doug Tsuruoka  | Editor At LargeSee also"Lest we forget." An indisputable fact is that what has led to both World Wars – that was British politics, or, if you prefer, whatever acted through it. However, there is an interesting difference between the activities of London in 1914 and...

I would estimate that there is a certain amount of truth to this, but the author is looking at Russia through American eyes and seeing Russia replicate the US defense industry and military Keynesianism as integral to the US economy. At the same time, as the author points out, militaries and defense industries in all countries are looking to enhance their interests, which are served by larger appropriations. On the other hand, as the author also admits, the Russian military is need of...