4 ms·
You mean that US has more inequality than EU because they spend more on defense?
by xeyownt 4y ago
You mean that US has more inequality than EU because they spend more on defense?
- MichaelMoser123 4y agoyes, investment in any other area benefits the whole economy - like infrastructure or education. Military hardware is very specialized, for example you can't use the armor of a tank for any other purpose. Also the price of military equipment tends to be very high, some say it's artificially high. It generates huge profits, but only to the benefit of few people. This in turn is pushing inequality. However if you don't invest enough in these thing, then you stand the chance of running into real problem. However it is hard to tell what the right balance is...