Military Spending and Growth

Doug Henwood dhenwood at panix.com
Thu Apr 22 18:21:44 PDT 1999


JayHecht at aol.com wrote:


>Tanks, arms and the such do not re-circulate in the economy (they become a
>stock of goods, much like unsold inventory) and thus pose a real problem for
>capitalist accumulation. Unproductive expenditures (though necessary) must
>be understood in the broader context of production (e.g. for profit,
>circulation, social control). Shaikh and Tonak do a pretty good job
>addressing this issue.

So what are the symptoms of this pathology in accumulation?

Doug



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