This may sound weird to some people. How can the destruction of lives and properties be a source of modern business. The history of war is dated back to the B.C's mainly for the fight for power and land dominance. As the world has evolved, though power still remains an unquenchable thirst deep down the human system, there has been another deployed strategy or should I say the modern way to sustain this power and dominance.
The rumors of war within your environment is enough to trigger fear. War has often been described as a tragedy, a manifestation of human failure, and a grave threat to peace and stability. But it may also surprise you to know that it is an industry that has been modernized with a complex web of economic interests surrounding it. Let's dive into the unethical relationship between war and business, examining how the pursuit of financial profit intersects with the cost of lives and properties.
Ever heard of the arms industry? One can easily say the arms industry is more of a bridge that links businesses with war. This industry is made up of multi billionaire investors and has a strong global sponsor. Defense contractors, ranging from multinational conglomerates to smaller specialized firms, produce and sell weapons, military equipment, and technology to governments, private organizations and armed forces around the world. With so much time, resource and energy put to work in this industry you wouldn't say it's all done for fun.
If you thought weaponries are created for the security institution alone, maybe you would only be talking about the shot rifles used by the police or few other advanced guns in the military. How about drones, bombs, jets, armor cars, nuclear weapons and many others? These companies are driven by profit motives, and during times of conflict, their revenue often soars. War, though a tragedy, has become a lucrative business opportunity for these entities.
Why would these industries put so much billions in this invention if they never had certainties or plots to sell them out. If you are an entrepreneur, you will really get the glimpse of my view. No investor would give out his money to build a nuclear weapon just to be kept as a monument. Where will the returns on investment come from? Or is the weapon a store of value and if yes how will the value be extracted?. When I just hear war here and war there, I know investors are out for their gains and yes also the plot has paid off. Arm industries not only supply weapons but also play a significant role in shaping defense policies and lobbying governments to support military initiatives. The military-industrial complex, as it's often referred to, is a substantial part of the business aspect of war.
When a weapon is created and it's believed it can bring down a whole city, the question here is, how will this be confirmed if one day a city is not brought down. The tragic-fun if I may say that is involved here is the exchange of lives and loss of properties for profit.
The United States ranks top in the universal arms trade seconded by china. Did you know, 2020 saw over $530 billion weaponry sales when merging top arms industries? An increment of 1.3% when retrospecting its preceding year. Funny enough, this trend has been on a continuous rise for the past six years.
Even the small emerging arms market is continuously improving with an incredible value surmounting to $8 billion in 2021; analyst expects the market gains to soar up to $11 billion by 2029. Which I personally expect is likely to soar more than this.
It depends on what you wish to hear, either that which will bring hope and comfort or facts. With a continuous surge in market gains, the chances of war reducing in the future is near zero. The continuous increase in war here and there out of plots and schemes we may not really tell has intoxicated unhealthy investors who continue to fan into flames these unethical practices. Saying that war will end or decrease in the near future is like saying the arms industry is ready to go bankrupt.
Investors are still pushing funds into the system expecting their returns on investment. Yes people will die, properties will be lost but this is of no concern to those who have chosen this merciless transaction. Here there is a high value of profits over lives.
To Conclude I will say, the relationship between war and business is intricate and multifaceted. Though there are other factors that may arouse war in the different regions, there is a need to tackle some unhealthy practices that may be going on in the arms industry. These economic interests and strategic control play a role in the business aspect of war. Lets all remember that war has devastating consequences and should not be reduced to a business strategy. The need for peace, diplomacy, and conflict resolution should always take precedence over business gains. Striving for a world where war is a rarity rather than a business opportunity should remain a global goal.
