It looks like you're using an Ad Blocker.

Please white-list or disable in your ad-blocking tool.

Thank you.


Some features of ATS will be disabled while you continue to use an ad-blocker.


Impact of recent Wars on US Global Economy

page: 1

log in


posted on Jul, 19 2008 @ 07:35 PM

By Ismael Hossein-zadeh

Militarism has always tried to disguise its interests as national interests and justify its parasitic role and existentialist military adventures on grounds that such military operations will lead to economic gains for the imperium and the nation as a whole. This despite the fact that military adventures instigated by beneficiaries of the business of war are often costly economic burdens that tend to be at odds not only with the interests of the masses of the poor and working people, but also with those of non-military transnational capitalists who pay taxes to finance such adventures while losing sales and investment opportunities in foreign markets to international competition, as well as losing political and economic stability in global markets.

War and the Non-Military U.S. Transnational Capital

Recent U.S. military buildup and its unilateral aggressions abroad have increasingly become economic burdens not only because they devour a disproportionately large share of national resources, but also because such adventurous operations tend to create instability in international markets, subvert long-term global investment, and increase energy or fuel costs. Furthermore, the resentment and hostilities that unprovoked aggressions generate in foreign lands are bound to create backlash at the consumer level. For example, the Iranian-made beverage Zam Zam Cola has in recent years made significant inroads into the traditional markets of the U.S. brands Coca-cola and Pepsi not only in the Middle East but also in Europe and elsewhere. A Business Week report pointed out in the immediate aftermath of the U.S. invasion of Iraq that in the Muslim world, Europe and elsewhere “there have been calls for boycotts of American brands as well as demonstrations at symbols of U.S. business, such as McDonald’s corporation.”

new topics

log in