Beyond Capital

Polemics, Critique and Analysis

The Economic Function of Terrorism?

with one comment


And why not? At the time when a global recession is on its way, there is a need to increase public spending to revive the economy. And Baba Keynes himself told us once – “Pyramid-building, earthquakes, even wars may serve to increase wealth, if the education of our statesmen on the principles of the classical economics stands in the way of anything better”. What is better than a war on terrorism which never ends – it will lead to a constant militarisation, and an expansion of the security and armaments industries necessary for boosting effective demand.

Is this really a conspiracy theory?

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Written by Pratyush Chandra

November 29, 2008 at 11:35 pm

One Response

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  1. it’s not a conspiracy theory as much as an established fact. look up ‘Military Industrial Complex’.. it’s been around since the 50s (given that Eisenhower coined the term) so has had a long time to take root

    almostinfamous

    December 3, 2008 at 12:37 pm


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