Member of the European Parliament Guy Verhofstadt laments that the Russian economy was doing better as a result of EU-imposed sanctions.
    • ☆ Yσɠƚԋσʂ ☆OP
      1•1 year ago

      A lot of people are making money hand over fist in this war. I imagine it’s a big motivator for keeping it going.

        • ☆ Yσɠƚԋσʂ ☆OP
          1•1 year ago

          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.

            • ☆ Yσɠƚԋσʂ ☆OP
              1•1 year ago

              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.

                • ☆ Yσɠƚԋσʂ ☆OP
                  0•1 year ago

                  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.