War - Who Benefits From It?

“The one sector of government that doesn’t experience austerity is the military budget.” In this episode of Anti-Capitalist Chronicles, Prof. Harvey looks at the role of military expenditures in contemporary capitalism in the US and how it affects the rest of the world. From WWII to the Cold War, to the Iraq War, to the current Russian War on Ukraine, the US has consistently found ways to justify expanding the military budget, while shrinking almost every other government sector. But who benefits from this constant expansion? As Harvey reveals, it’s the politicians who represent locales with military bases and the corporations like Lockheed Martin and Boeing, that provide the military supplies and equipment.