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It is overwhelmingly unproductive profit. Which really isn't profit in the long run. A few great boosts to our general standard of living have come from milit
by gills 18y ago
It is overwhelmingly unproductive profit. Which really isn't profit in the long run. A few great boosts to our general standard of living have come from military research during wars and arms races, but most of the money is spent foolishly. Eventually everyone pays the piper for that kind of mis-allocation, so in a way it is anti-profit.
- gaius 18y agoWell, yes and no. Has anyone ever added up radar, jet engines, satellite communications (etc etc etc - all the technologies rooted in military applications) and is it more or less than the defence budget?