Military Capitalism: No Risk Involved As Taxpayers Foot Investments

Many years ago Seymour Melman pointed out that after World War II capitalists realized that producing for wars was a safer risk than investing in mass production of goods. With the latter, a capitalist cannot easily predict how the public will respond to its goods. But the war economy was much more stable. There is no risk involved because the taxpayers pick up the bill.

Read in Global Research


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