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Showing posts with the label “arms industry”

Quote of the Week: Wars Are Not Caused by the Arms Industry

To say . . . that wars are caused by the ammunition industry, would be a cheap assertion. The ammunition industry is by no means a branch of production existing for itself, it is not an artificially created evil which in turn calls forth the ‘battle of nations’. It ought to be obvious . . . that armaments are an indispensable attribute of state power, an attribute that has a very definite function in the struggle among state capitalist trusts. . . . [J]ust as it is true that not low prices cause competition but, on the contrary, competition causes low prices, it is equally true that not the existence of arms is the prime cause and the moving force in wars . . . but, on the contrary, the inevitableness of economic conflicts conditions the existence of arms. —Nicolai Bukharin,  Imperialism and World Economy

Israel’s Permanent ‘War Economy’

It is a good summary and a well-researched article . I think it needs more elaboration on Israel’s shift to ‘a neoliberal economy’.  The Israeli’s economy is not just a ‘war economy’. It is 1. a capitalist political economy with its internal dynamics and 2. a global political economy. Class is absent in the analysis as if Israel is a unique case where ‘nationalism’ (and religion or both) decide rather than a ruling class or a coalition that represents different classes. Falling rate of profit or as Nitzan and Bichler put it in a seminal work that serves as a background and a starting point of Israel economy today “the profit margins of dominant capital started to feel the pinch.” This is a major factor in the form of capitalism Israel shifted to in order to maintain or increase the regime of capital accumulation.  Related After the economic crisis that hit a few countries in the 1990s then the 11 of September attacks on the US, the crisis reached Western countries. “The i...

I Will Not Fight For Queen and Country

Ben Griffin is an ex-SAS soldier who served in Afghanistan and Iraq. The speech was given at Oxford Union, England.