Tuesday, March 31, 2009

Capitalism and wars

In a capitalist country where defense equipment manufacturing and innovation are privatized, we need periodic wars to keep those companies afloat. For example, in US, Raytheon, Lockhead_martin and other defense manufactures rely heavily on Govt's consumption of military equipment for survival.

Periodic wars like Vietnam, Afghanistan(1980), Gulf war, Sep_11 response and Iraq war were essential in keeping these companies afloat.

Capitalism buys us freedom and "wars" is the cost of it. I am willing to pay taxes for my freedom.

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