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Businesses tend to shift investment to conflict-related goods instead of investing in the production of consumption and exportable goods. Investors also “shift from high risk, high return long-term investment to low risk, low return and short-term projects.”
A very well analysed article. 70% expenditure on external war & internal security! Unless we discard capitalism, a political economic social order based on profit for the 1% & establish Scientific Socialism, we will remain under the shadow of total annihilation, in addition to miserable life for the rest!
The quoted article is in RT: https://www.rt.com/business/375305-violence-cost-world-economy/