ts. Business is booming for US defence contractors. As if it were the most normal business in the world, like the production of pans and prams, the mainstream media report on production bottlenecks, expansion of production capacities and excess demand. For example, Jim Taiclet, CEO of Lockheed Martin, a defence contractor whose products include the Javelin missile, said they have “shifted up a gear in defence spending due to the global security situation”. They are now investing in “expanding production capacity” in anticipation of “increased demand”. The deployment of said Javelin missiles in Ukraine, which is said to be very effective, has led to a boom in demand and orders, according to Taiclet: “We are already receiving enquiries from many countries.”
What if the war in Ukraine continues for months and further staged conflicts fuel the demand for these deadly goods? The shareholders of the arms companies will rub their hands. But what if the US itself is in danger of running out of ammunition, as Western mainstream journalists fear? The production of the US defence contractors – a roaring trade that could obviously backfire for the hegemon that, according to Kishore Mahbubani, is on the decline? But with how many additional victims worldwide? Wouldn’t there be alternatives? The production of ploughshares? •
Source: Neue Zürcher Zeitung of 31 August 2022
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