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Forum Post: Military Spending and Bastiat's "Unseen"

Posted 2 years ago on Feb. 29, 2012, 9:03 a.m. EST by darrenlobo (204)
This content is user submitted and not an official statement

Every dollar spent on the military, just like every dollar spent on the Department of Health and Human Services, is a dollar not spent or invested in the civilian economy. Every person employed by the military or the firms that supply the military with equipment is a person not employed in the civilian economy. And since civilian employment and capital accumulation are the foundations of a prosperous capitalist economy, a conventional military can only exist at the expense of a fully functioning free-market capitalist system.

http://mises.org/daily/5925/Military-Spending-and-Bastiats-Unseen

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