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U.S. merchants of death top world’s arms sales

Wed, 10/17/2012 - 11:28 — Dave Culver
Section(s): 
Business
Peace & Nonviolence

  • These arms exports are an important part of the military-industrial complex, which combines U.S. corporations, the U.S. economy, and the U.S. military and political system together into a noxious brew.
  • 10 companies profiting most from war
  • But What About the Other 1 Percent: the Veterans?

Gene Clancy, Workers World

Submitted by Evergreene Digest Contributing Editor John Stoltenberg

This article is made possible with the generous contributions of all reader supported Evergreene Digest readers like you. Thank you!

September 12, 2012 | The United States military-industrial complex tripled its arms sales last year as it sold $66.3 billion in weapons overseas in that 12-month period. This accounted for nearly 78 percent of all global arms sales in the world, which rose to a record $85.3 billion in 2011.

The U.S. clearly remained the world’s leading arms supplier, with nearly all other major suppliers seeing declines in 2011, according to the Congressional Research Service’s annual report to Congress. These other suppliers are barely significant in comparison with the U.S. Russia, which was second highest, had only $4.8 billion in sales.

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Related:

10 companies profiting most from war, Michael B. Sauter and Charles B. Stockdale, 24/7 Wall St. / MSN Money
Thanks to Evergreene Digest reader Charlie Bloss for this contribution
War has been called the parent of armies, which are a root of debt and taxes. But armed conflict is profitable for those who supply the weapons.

But What About the Other 1 Percent: the Veterans? Dan Froomkin, Huffington Post

  • Veterans are "the other one percent." But the tiny minority of Americans who carry the heavy burden of war face enormous challenges that neither presidential candidate is addressing.
  • There are about 2.4 million veterans of Afghanistan and Iraq, nearly a million of whom may still carry with them a heavy burden of war, in the form of wounds, diseases or chronic conditions.
  • Vets Confront Mental Health Crisis, Soldier Suicides and Violence
     

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