I find a good way to look at the MIC is that it’s a vehicle for siphoning taxes out of the system and putting them back in the hands of the ruling class. Instead of money going to things it’s meant for like building infrastructure, providing social services, and so on, it gets handed back to the oligarchs to produce weapons.
Indeed, but even with military Keynesianism there’s still ultimately a problem of labor and resources being diverted away from producing things people actually need. You need to already have a solid civil economy to prop up the military industry.
I’m predicting a lot of austerity in Europe going forward.
austerity for the people, abundance for the military budget
I find a good way to look at the MIC is that it’s a vehicle for siphoning taxes out of the system and putting them back in the hands of the ruling class. Instead of money going to things it’s meant for like building infrastructure, providing social services, and so on, it gets handed back to the oligarchs to produce weapons.
It can be a jobs program, as military Keynesianism, but Europe would have to scrap the neoliberal Eurozone to do that.
Indeed, but even with military Keynesianism there’s still ultimately a problem of labor and resources being diverted away from producing things people actually need. You need to already have a solid civil economy to prop up the military industry.