We destroy the beauty of the countryside because the un-appropriated splendors of nature have no economic value. We are capable of shutting off the sun and the stars because they do not pay a dividend. — John Maynard Keynes
2006/07/30
The Iraq War is a Huge Success
Too true. Not,of course, a success for humanity or for democracy, but undoubtedly a success for its sponsors. The Iraq War is a Huge Success Will the Israeli war on Lebanon be a similar success, though? For the U.S. and other companies supplying the ever-more-expensive killing devices, perhaps. But how will wiping out families and industries bring profits to other sectors, as in Iraq? Will the surviving Lebanese be expected to pay Haliburton and Bechtel to rebuild? With what? They don't have oil. That infrastructure was their capital, with an economy based on services (banking, tourism, etc.) and light manufacturing, all gone.
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