Download or read book The Permanent War Economy an Analysis of U S Defense Spending written by Jane Meadows and published by . This book was released on 2021 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Permanent War Economy, originating in the 1940s, has produced decades of excessive defense spending, contributing to waste that detracts funds from social expenditures to meet domestic needs. Previous research on this topic has focused greatly on the origins and causes of this economy with little emphasis on modern solutions to solve this problem and little focus on policy alternatives that can be funded with decreases in defense spending. In this thesis, I use data from the Organization for Economic Cooperation and Development (OECD), the White House Office of Management and Budget, and Federal Reserve Economic Data (FRED) to compose a timeline of how defense spending has changed from 1962 to 2020, how U.S. defense spending compares to the rest of the world, and how much the United States could have saved from 1999 to 2019 had it spent the global average percentage of GDP on defense, which I then use to illustrate a number of alternative domestic programs that could be funded with the consequent savings. My findings indicate support for the theory of the Permanent War Economy and show that it is possible for the United States to decrease defense spending and reallocate those funds to domestic programs while maintaining a position of global military strength. - Abstract.
Download or read book The Permanent War Economy written by Seymour Melman and published by Simon & Schuster. This book was released on 1974 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Political Economy of Military Spending in the United States written by Alex Mintz and published by Routledge. This book was released on 2002-01-31 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading scholars examine the links between domestic politics, defense spending and the economics of the US defense industry.
Download or read book The Permanent War Economy written by T. N. Vance and published by . This book was released on 1970 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Spending And Economic Growth written by James E. Payne and published by Routledge. This book was released on 2019-03-13 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the impact defense spending has on economic growth. While defense spending was not deliberately invented as a fiscal policy instrument, its importance in the composition of overall government spending and thus in determining employment is now easily recognized. In light of the collapse of the Soviet Union and the consequent reduction in the threat to the security of the United States, maintaining defense spending at the old level seems indefensible. The media has concentrated on the so-called peace dividend. However, as soon as the federal government is faced with defense cuts, it realizes the macroeconomic ramifications of such a step. Based on studies included in this volume, we examine the effects of defense spending on economic growth and investigate how the changed world political climate is likely to alter the importance and pattern of defense spending both for developed and developing countries.
Download or read book The War Economy of the United States written by Seymour Melman and published by . This book was released on 1971 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics of Defense written by Members of Congress for Peace through Law. Military Spending Committee and published by Greenwood. This book was released on 1971 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Military Expansion Economic Decline written by R.W. DeGrasse and published by Routledge. This book was released on 2016-07-01 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: By assessing the costs and benefits of military spending, the authors provide a "second opinion" on the subject of military economics. While advocates of increased military spending often stress the positive effects of the Pentagon on the economy, there has been little systematic summary of the "opportunity costs" that society pays for a large military establishment. This book fills that gap.
Download or read book The Economics of Militarism written by Dan Smith and published by Pluto Press (UK). This book was released on 1983 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic analysis of public expenditure for arms, defence and military personnel in OECD countries since the 1950s - discusses the role of interest groups in fostering international and national level militarism; explains economic implications of military spending under market economy conditions; includes industrial aspects in a feasibility study of disarmament; considers the role of USSR militarism. References, statistical tables.
Download or read book Defense Economics written by Gavin Kennedy and published by Bloomsbury Academic. This book was released on 1983 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of defence economics, defence budgeting and arms procurement in UK, France, Germany, Federal Republic, Canada, USA, and USSR, the defence industry's militarism, and economics of disarmament - includes a literature survey of military expenditure and background economic theory; examines NATO and selected countries' gross national product and per capita national income; analyses defence planning, inter- relationship between military institutions and industries supplying military hardware; considers impact of defence spending. Bibliography.
Download or read book From Military to Civilian Economy written by Seymour Melman and published by . This book was released on 1981 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economizing Defense written by Thomas Kelly Duncan and published by . This book was released on 2013 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: The military-industrial complex has long been an economic and political factor in the U.S. economy. The amount of resources fed into this war machine is staggering. Since World War II, the U.S. has continuously spent vast sums on the military, creating what has been termed a permanent war economy. Even in times of peace, the armed forces are kept in a state of readiness under the auspices of foreign threats or the need to protect the industrial base. This continued preparedness begs two central questions: 1) what is the proper size and scope of the military and 2) what is the institutional arrangement under which we can be assured of achieving that proper size and scope? This dissertation addresses these questions, extending the literature on defense optimality and the institutional arrangements of national defense in the U.S. The first essay considers the concept of national defense as a public good, which is the common reasoning for state provision of defense, and suggests that the optimal level of defense can be provided by the market. The second essay explores the institutional arrangement that has arisen in the United States, namely the military-industrial complex and its permanent war economy, and the costs that result from the top-down approach to defense contracting. The third essay examines the way that institutional arrangement originated from the central planning of the New Deal and World War II and argues that today's permanent war economy is a function of the vested interests that arose via state management of those crises.
Download or read book Military Expansion Economic Decline written by Robert DeGrasse and published by . This book was released on 1983 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The American Warfare State written by Rebecca U. Thorpe and published by University of Chicago Press. This book was released on 2014-04-16 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: How is it that the United States—a country founded on a distrust of standing armies and strong centralized power—came to have the most powerful military in history? Long after World War II and the end of the Cold War, in times of rising national debt and reduced need for high levels of military readiness, why does Congress still continue to support massive defense budgets? In The American Warfare State, Rebecca U. Thorpe argues that there are profound relationships among the size and persistence of the American military complex, the growth in presidential power to launch military actions, and the decline of congressional willingness to check this power. The public costs of military mobilization and war, including the need for conscription and higher tax rates, served as political constraints on warfare for most of American history. But the vast defense industry that emerged from World War II also created new political interests that the framers of the Constitution did not anticipate. Many rural and semirural areas became economically reliant on defense-sector jobs and capital, which gave the legislators representing them powerful incentives to press for ongoing defense spending regardless of national security circumstances or goals. At the same time, the costs of war are now borne overwhelmingly by a minority of soldiers who volunteer to fight, future generations of taxpayers, and foreign populations in whose lands wars often take place. Drawing on an impressive cache of data, Thorpe reveals how this new incentive structure has profoundly reshaped the balance of wartime powers between Congress and the president, resulting in a defense industry perennially poised for war and an executive branch that enjoys unprecedented discretion to take military action.
Download or read book Economic Security Neglected Dimension of National Security written by National Defense University (U S ) and published by Government Printing Office. This book was released on 2011-12-27 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: On August 24-25, 2010, the National Defense University held a conference titled “Economic Security: Neglected Dimension of National Security?” to explore the economic element of national power. This special collection of selected papers from the conference represents the view of several keynote speakers and participants in six panel discussions. It explores the complexity surrounding this subject and examines the major elements that, interacting as a system, define the economic component of national security.
Download or read book The Economic Consequences of the Gulf War written by Kamran Mofid and published by Routledge. This book was released on 2005-10-26 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Iran-Iraq War were one of the longest and most devastating uninterrupted wars amongst modern nation states. It produced neither victor nor vanquished and left the regimes in both countries basically intact. However, it is clear that the domestic, regional and international repercussions of the war mean that 'going back' is not an option. Iraq owes too much to regain the lead it formerly held in economic performance and development levels. What then does reconstruction mean? In this book, Kamran Mofid counteracts the scant analysis to date of the economic consequences of the Gulf War by analysing its impact on both economies in terms of oil production, exports, foreign exchange earnings, non-defence foreign trade and agricultural performance. In the final section, Mofid brings together the component parts of the economic cost of the war to assign a dollar value to the devastation.
Download or read book State of War written by Paul A. C. Koistinen and published by University Press of Kansas. This book was released on 2012-09-16 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his farewell speech, President Dwight Eisenhower famously warned us of the dangers of a military-industrial complex (MIC). In Paul Koistinen's sobering new book, that warning appears to have been both prophetic and largely ignored. As the final volume in his magisterial study of the political economy of American warfare, State of War describes the bipolar world that developed from the rivalry between the U.S. and USSR, showing how seventy years of defense spending have bred a monster that has sunk its claws into the very fabric of American life. Koistinen underscores how during the second half of the twentieth century and well into the twenty-first, the United States for the first time in its history began to maintain large military structures during peacetime. Many factors led to that result: the American economy stood practically alone in a war-ravaged world; the federal government, especially executive authority, was at the pinnacle of its powers; the military accumulated unprecedented influence over national security; and weaponry became much more sophisticated following World War II. Koistinen describes how the rise of the MIC was preceded by a gradual process of institutional adaptation and then supported and reinforced by the willing participation of Big Science and its industrial partners, the broader academic world, and a proliferation of think tanks. He also evaluates the effects of ongoing defense budgets within the context of the nation's economy since the 1950s. Over time, the MIC effectively blocked efforts to reduce expenditures, control the arms race, improve relations with adversaries, or adopt more enlightened policies toward the developing world-all the while manipulating the public on behalf of national security to sustain the warfare state. Now twenty years after the Soviet Union's demise, defense budgets are higher than at any time during the Cold War. As Koistinen observes, more than six decades of militaristic mobilization for stabilizing a turbulent world have firmly entrenched the state of war as a state of mind for our nation. Collectively, his five-volume opus provides an unparalleled analysis of the economics of America's wars from the colonial period to the present, illuminating its impact upon the nation's military campaigns, foreign policy, and domestic life.
