Well, there's two ways to look at the data. One is how much we as a civilization are prioritizing military spending as compared to everything else. I think that

Well, there's two ways to look at the data. One is how much we as a civilization are prioritizing military spending as compared to everything else. I think that if we charted military spending per GDP, you'd see the number on a pretty steady downward projection and possibly near 100-year lows. So, great, we're not building war machines at the direct expense of healthcare or infrastructure or education. But, as the title says, spending in absolute amounts is higher than ever and it's the likely the amount of stockpiled "killing power" is an all-time high. Nuclear weapons are the big outlier, but the nominal amount of vehicles, munitions and soldiers and their respective increases in efficiency probably mean we are more deadly than ever.