The Emergence of Capitalism -- the primal link between State militarism and early industrial capitalism
... or, the difference between mass production and massive production. But first -- how do you hide the fact that the US economy depends on weapons production? You probably think it doesn't or at least that nobody hides it, since it's a known fact that the US outspends all of its allies and enemies by miles: according to the International Institute for Strategic Studies , in 2020 the US spent $738 Billion on its defense budget , which -- in order to equal it -- would require the combined military spending of the next fourteen highest-spending nations to exceed it (China, India, UK, Russia, France, Germany, Japan, Saudi Arabia, South Korea, Australia, Italy, Brazil, Canada, and Israel). That, however, is only a tiny fraction of the story. The US is the world's largest arms exporter , racking up $10.752 Billion in 2020. That actually doesn't seem very large, considering that the entire US exports the same year were valued at $208.6 Billion, meaning that arms expor