To be precise, the arms manufacturers in Norway will profit at the expense of the people since government subsidies come from taxes. The war basically lets the government divert taxes from things they’re meant for, like public services, towards private pockets of the people who own these companies.
Sure, but net effect is that labour and resources are allocated away from productive efforts, and some tax money is diverted away from public services. Net effect is that individuals benefit at the expense of the majority.
I’d say US war industry is probably going to be the biggest winner, but countries with oil and gas are definitely raking it in too.
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To be precise, the arms manufacturers in Norway will profit at the expense of the people since government subsidies come from taxes. The war basically lets the government divert taxes from things they’re meant for, like public services, towards private pockets of the people who own these companies.
deleted by creator
Sure, but net effect is that labour and resources are allocated away from productive efforts, and some tax money is diverted away from public services. Net effect is that individuals benefit at the expense of the majority.