Sep 21, 2016 | The recent 15th anniversary of the September 11, 2001, terrorist attacks on the World Trade towers was a reminder of the terrible consequences when a nation ignores the lessons of history—including its own recent history. The U.S. military budget is a tragic example.
We currently spend roughly $598 billion on defense, which is more than the next seven biggest military spenders combined: China, Saudi Arabia, Russia, the United Kingdom, India, France, and Japan. This represents 54 percent of federal discretionary spending. In return, we get an ability to rapidly deploy conventional military power anywhere in the world.
David Korten wrote this article for YES! Magazine as part of his new series of biweekly columns on “A Living Earth Economy.” David is co-founder and board chair of YES! Magazine, president of the Living Economies Forum, co-chair of the New Economy Working Group, a member of the Club of Rome, and the author of influential books, including When Corporations Rule the World and Change the Story, Change the Future: A Living Economy for a Living Earth. His work builds on lessons from the 21 years he and his wife, Fran, lived and worked in Africa, Asia, and Latin America on a quest to end global poverty
Previously in this series
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At a meeting of U.S. governors on Monday, Trump described his forthcoming budget proposal as “a public safety and national security budget.”