What every common citizen wants is peace and unity among nations so they can go about their daily activities and spend time with their families but every day we hear news about war in one country or the other and then we ask what’s the cause of this war is? Who is funding the war? Who is gaining from the war and who is losing from the war?
War is often a governmental way of achieving an objective through the use of force on each other in some cases it could be physical with the use of arms or civil, and economic in form of trade war. I am talking about trade wars here although it is also a very vital war that affects the trade between two or more countries, I am talking about the use of arm in conflict among two or more countries which is often disastrous to both nations economy, citizens and social life.
Often the causes of war is political but the citizens and the military are the ones who pay the price. In most cases, countries fright for territorial gains, superiority, economic gains, religion, revenge, civil conflict, revolutionary purposes and so on.
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Who Profits From War?
In every sector, business is the core purpose for activities and the business of war remains a very good one. Not everyone prays for peace, war profiteers always wants war so there are unreasonable profits in the process. Do you know how much it cost to build a war submarine or how much it cost to build drone and missiles?
In most cases, countries who win always tend to gain from war but before the war ends, there are several companies and organization that always make excessive gains from war.
These companies might have a hand in the unrest in the Middle East, as well as terrorism since when there is unrest in the world, they make money – My thoughts
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A lot of defense contractors make excessive money and as of 2018, it was said that the revenue from war was about $420 billion. In the United States, Congress approved a $738 billion defense budget in December, also every country has a particular amount of money dedicated to defense every year and a large chuck of this budget goes to defense contractors who produce war artilleries and weapons.
In 2018; Rolls-Royce made $4.68 billion from arm and military service sales. They won the contract to maintain, repair and overhaul engines for the U.S Air force and the U.S Navy Triton fleet. Booz Allen Hamilton made $4.68 Billion from arm sales and military services. United Shipbuilding Corp, a company in Russia made $4.7 billion. 84% of the company revenue was made from sales of arms and shipbuilding. The company was banned from doing business in the United States. Other contractors like Harris Corp, Leidos, Untied Aircraft Corp, Honeywell International, Airbus group, Leonardo, BAE system, Boeing, Lockheed Martin Corp and many more make money from selling war artilleries and weapons.
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The Business Circle of War
When a war starts, the Defense companies and contractors make a lot of money by producing and selling war needs like warships, submarines, missiles, guns, drones and so on. Not left behind, the bank is also at the fore front of making money since the bank will be giving out loans defense contractors to finance wars. When the war is over, Natural resources and Oil giants step into action as they get drilling and mining rights from the country that wins and starts to exploit the country that lose so the Natural resources and the Oil giants make money as well. Then the IMF steps in and loan money to the country to help rebuild which the country ends up calling foreign tech, and construction giants who make money from getting contracts. The circle of business keeps going round and at the end only the giant companies and corporations, the government and the wealthy gains from war. The ordinary citizens and the military men become products of war and they are also victims of war.