Yesterday I posted about my theory that the wars in the Middle East and Afghanistan aren’t meant to be won, they’re meant to grind of perpetually in order to enrich the military-industrial complex. Less you think I’m a complete wonk I would like to take a moment to point out that war is good for business:
As Donald Trump might put it, major weapons contractors like Boeing, Raytheon, and Lockheed Martin cashed in “bigly” in his first year in office. They raked in tens of billions of dollars in Pentagon contracts, while posting sharp stock price increases and healthy profits driven by the continuation and expansion of Washington’s post-9/11 wars. But last year’s bonanza is likely to be no more than a down payment on even better days to come for the military-industrial complex.
The nice thing about being a policy maker is that you’re in a position to make a great deal of money when your policies are enacted. If, for example, you plan to wage a perpetual war, you can invest in military contractors before you announce your policy. After you announce your policy, you can enjoy significant profits at the stock prices of those companies skyrockets. Moreover, you can buy more stock if you plan to announce a policy of increasing the war effort.
This is one of the reason political offices are magnets to corrupt individuals. It’s also one of the reasons why political reform is impossible. Do you think somebody in a position to make significant profits is going to willingly curtail their own power and thus harm their profits? Of course not.