RE: [OPE] "Parasitism"

  
 
 
Hi Dave:
 
As has been noted on this list before, many - if not most - of the
technological breakthroughs of the 20th Century which both resulted in
new means of consumption and new productivity-increasing means of
production were a consequence of state spending on the military. So, your
claim that the military sector "impedes the growth of the real
capital stock and of productivity" is - from a historical perspective -
simply not correct.
------------------
 
Paul
 
Dave might have had other examples in mind. One needs only look at the comparative success of the Japanese and German automotive and consumer goods industry when contrasted with that
of the USA to see the effects of engineering talent being sucked out of the civilian economy
by the military industrial complex in the USA.
 
 
 

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