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Military Spending and Global Security

Military Spending and Global Security
Author: Jordi Calvo Rufanges
Publisher:
Total Pages: 168
Release: 2020-11-26
Genre: Armed Forces
ISBN: 9780367493394

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Global military expenditure reached an estimated $1,822 billion in 2018 and this book questions what that spending responds to and indeed what that entails in terms of global security. The book draws from prior knowledge and research on military expenditure but introduces an all-encompassing, in-depth and original analysis of military spending as a key and often overlooked factor of global instability, delving into the present and future consequences of its perpetual growth, as well as confronting the reasoning behind it. The authors argue that increasing military expenditure is not the best response to the emergencies militarization itself has helped create. They assert that militarization is paradoxically both a cause of and a response to the grave challenges our society is facing. The book explains why people are not well served by nation-states when they continuously seek to out-compete one another in the size and destructive powers of their militaries. It discusses the scope of military spending around the world, while explaining how militarism is linked with conflict and security threats, and how military spending further prevents us from adequately dealing with global environmental problems like climate change. A must-read for scholars, researchers and students from a wide range of disciplines. It will also find an audience among professionals from the third sector and activists working on issues related to peace, security and militarism, as well as social and climate justice.


The Political Economy of Military Spending in the United States

The Political Economy of Military Spending in the United States
Author: Alex Mintz
Publisher: Routledge
Total Pages: 444
Release: 2002-01-31
Genre: Political Science
ISBN: 1134903316

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This is a timely collection of essays utilizing the political economy approach to military spending, primarily by the United States. The articles deal specifically with the relationships between defense spending and: (a) political-business cycles, public opinion and the US-Soviet relationship; (b) military action - i.e. war; (c) economic performance - the trade deficit, guns versus butter issues and fiscal policy.


The American Warfare State

The American Warfare State
Author: Rebecca U. Thorpe
Publisher: University of Chicago Press
Total Pages: 259
Release: 2014-04-16
Genre: Political Science
ISBN: 022612410X

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How is it that the United States—a country founded on a distrust of standing armies and strong centralized power—came to have the most powerful military in history? Long after World War II and the end of the Cold War, in times of rising national debt and reduced need for high levels of military readiness, why does Congress still continue to support massive defense budgets? In The American Warfare State, Rebecca U. Thorpe argues that there are profound relationships among the size and persistence of the American military complex, the growth in presidential power to launch military actions, and the decline of congressional willingness to check this power. The public costs of military mobilization and war, including the need for conscription and higher tax rates, served as political constraints on warfare for most of American history. But the vast defense industry that emerged from World War II also created new political interests that the framers of the Constitution did not anticipate. Many rural and semirural areas became economically reliant on defense-sector jobs and capital, which gave the legislators representing them powerful incentives to press for ongoing defense spending regardless of national security circumstances or goals. At the same time, the costs of war are now borne overwhelmingly by a minority of soldiers who volunteer to fight, future generations of taxpayers, and foreign populations in whose lands wars often take place. Drawing on an impressive cache of data, Thorpe reveals how this new incentive structure has profoundly reshaped the balance of wartime powers between Congress and the president, resulting in a defense industry perennially poised for war and an executive branch that enjoys unprecedented discretion to take military action.


Analysis of the FY 2022 Defense Budget

Analysis of the FY 2022 Defense Budget
Author: Todd Harrison
Publisher: Rowman & Littlefield
Total Pages: 33
Release: 2022-01-24
Genre: Political Science
ISBN: 1538140500

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Analysis of the FY 2022 Defense Budget from the CSIS Defense Budget Analysis program provides an in-depth assessment of the Biden administration’s request for national defense funding in FY 2022. It outlines priorities for the ongoing and completed strategic reviews—including the National Defense Strategy, Nuclear Posture Review, Missile Defense Review, and Global Posture Review—and their potential budgetary effects. The report concludes by assessing current congressional action on defense appropriations for FY 2022 and identifying key issues for the FY 2023 budget request.


The Economics of Military Spending

The Economics of Military Spending
Author: Adem Yavuz Elveren
Publisher: Routledge
Total Pages: 257
Release: 2019-05-17
Genre: Business & Economics
ISBN: 0429774486

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The Economics of Military Spending offers a comprehensive analysis of the effect of military expenditures on the economy. It is the first book to provide both a theoretical and an empirical investigation of how military spending affects the profit rate, a key indicator of the health of a capitalist economy. The book presents a general discussion on the economic models of the nexus of military spending and economic growth, as well as military Keynesianism and the military-industrial complex. Including an account of the Marxist crisis theories, it focuses on military spending as a counteracting factor to the tendency of rate of profit to fall. Using a range of econometric methods and adopting a Marxist perspective, this book provides comprehensive evidence on the effects of military spending on the rate of profit for more than thirty countries. The findings of the book shed light on the complex linkages between military spending and the profit rate by considering the role of countries in the arms trade. Offering a Marxist perspective and an emphasis on quantitative analysis, The Economics of Military Spending will be of great interest to students and scholars of defence and peace economics, as well as Marxist economics.


Military Expansion, Economic Decline

Military Expansion, Economic Decline
Author: R.W. DeGrasse
Publisher: Routledge
Total Pages: 208
Release: 2016-07-01
Genre: Business & Economics
ISBN: 1315495872

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By assessing the costs and benefits of military spending, the authors provide a "second opinion" on the subject of military economics. While advocates of increased military spending often stress the positive effects of the Pentagon on the economy, there has been little systematic summary of the "opportunity costs" that society pays for a large military establishment. This book fills that gap.


Adjustments of the U.S. Economy to Reductions in Military Spending

Adjustments of the U.S. Economy to Reductions in Military Spending
Author: United States. Arms Control and Disarmament Agency
Publisher:
Total Pages: 624
Release: 1970
Genre: Disarmament
ISBN:

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The purpose of the study is to review the likely impact of reduced military expenditures on the economy of the United States and to identify some of the more pressing problems which may be encountered in the shift of resources from military to non-military uses. (Author).


The Military Balance 2022

The Military Balance 2022
Author: The International Institute for Strategic Studies (IISS)
Publisher: Routledge
Total Pages: 504
Release: 2022-02-14
Genre: Political Science
ISBN: 1000619729

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Published each year since 1959, The Military Balance is an indispensable reference to the capabilities of armed forces across the globe. It is used by academia, the media, armed forces, the private sector and government. It is an open-source assessment of the military forces and equipment inventories of 171 countries, with accompanying defence economics and procurement data. Alongside detailed country data, The Military Balance assesses important defence issues, by region, as well as key global trends, such as in defence technology and equipment modernisation. This analysis is accompanied by full-colour graphics, including maps and illustrations. With extensive explanatory notes and reference information, The Military Balance is as straightforward to use as it is extensive. The 2022 edition is accompanied by a fullcolour wall chart illustrating security dynamics in the Arctic.


The Military Budget and National Economic Priorities

The Military Budget and National Economic Priorities
Author: United States. Congress. Joint Economic Committee. Subcommittee on Economy in Government
Publisher:
Total Pages: 32
Release: 1969
Genre:
ISBN:

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For Might and Right

For Might and Right
Author: Michael Brenes
Publisher: Culture and Politics in the Company
Total Pages: 272
Release: 2020
Genre: History
ISBN: 9781625345226

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How did the global Cold War influence American politics at home? For Might and Right traces the story of how Cold War defense spending remade participatory politics, producing a powerful and dynamic political coalition that reached across party lines. This "Cold War coalition" favored massive defense spending over social welfare programs, bringing together a diverse array of actors from across the nation, including defense workers, community boosters, military contractors, current and retired members of the armed services, activists, and politicians. Faced with neoliberal austerity and uncertainty surrounding America's foreign policy after the 1960s, increased military spending became a bipartisan solution to create jobs and stimulate economic growth, even in the absence of national security threats. Using a rich array of archival sources, Michael Brenes draws important connections between economic inequality and American militarism that enhance our understanding of the Cold War's continued impact on American democracy and the resilience of the military-industrial complex, up to the age of Donald Trump.