…a permanent armaments industry of vast proportions
…humanity hanging from a cross of iron
In less than 10 years, our military and security expenditures have increased by 119 percent.
Even after subtracting the costs of the wars in Iraq and Afghanistan, the budget has grown by 68 percent since 2001.
I’ve always found it rather haunting to watch old footage of my grandfather, Dwight Eisenhower, giving his televised farewell address to the nation on Jan. 17, 1961.
“There is a reoccurring temptation to feel that some spectacular and costly action could become the miraculous solution to all current difficulties,” he warned.
Plundering our own ease ! So thus reports Economic Undertow:
Our grandchildren will harvest what, exactly?
Both Eisenhower and King grasped the same insolvency metaphors, acknowledging the possibility of a bankrupt notion of progress; that the human race and its embrace of the American-style ‘dream’ would soon enough harvest the bitter crop of its strip-mining, the use of which is vacant of any real possibility.
Thermodynamics is relentless and cannot be negotiated with.
And as Umair Haque says. “If there’s one phrase I might use to describe the global economy’s malaise, it’s ‘values of little worth‘, a criticism that might be applied to nearly every moribund industry under the sun.”