A good friend passed along an article at Forbes from a month ago with the pregnant title, “U.S. Army Fears Major War Likely Within Five Years — But Lacks The Money To Prepare.” Basically, the article argues that war is possible — even likely — within five years with Russia or North Korea or Iran, or maybe all three, but that America’s army is short of money to prepare for these wars. This despite the fact that America spends roughly $700 billion each and every year on defense and overseas wars.
Now, the author’s agenda is quite clear, as he states at the end of his article: “Several of the Army’s equipment suppliers are contributors to my think tank and/or consulting clients.” He’s writing an alarmist article about the probability of future wars at the same time as he’s profiting from the sales of weaponry to the army.
As General Smedley Butler, twice awarded the Medal of Honor, said: War is a racket. Wars will persist as long as people see them as a “core product,” as a business opportunity. In capitalism, the profit motive is often amoral; greed is good, even when it feeds war. Meanwhile, the Pentagon is willing to play along. It always sees “vulnerabilities” and always wants more money.