War as business

War is a racket… conducted for the benefit of the very few, at the expense of the very many.

United States Major General Smedley Butler (retired)


War is good for business, or at least for some people’s business. The announcement of an intended US missile strike on Syria in August 2013 sent shares in Raytheon, the manufacturer of Tomahawk cruise missiles, soaring to a 52-week high. Raytheon stood to make good profits, since Tomahawks cost around $1 million each.

US Defence Department contractors such as Boeing and Lockheed Martin have done very well out of the so-called War on Terror, securing contracts worth a total of $3.3 trillion since 2001.

Monsanto (the manufacturer of Agent Orange) also profited, the US-control provisional government having passed a decree that Iraqi farmers who purchased genetically modified seeds would be forbidden from replanting them.