U.S. weapons makers tell investors to expect big profits from Israel’s war
U.S. weapons makers tell investors to expect big profits from Israel’s war
Corporations that specialize in manufacturing weapons of war are excited about Israel’s war on Gaza, letting their top investors know that huge profits are on the way. Already overflowing with cash thanks to seemingly endless U.S.
[photo above] Israeli Prime Minister Benjamin Netanyahu watches a video showing the launch of an Arrow 3 hypersonic anti-ballistic missile. The war against Gaza is using up weapons stockpiles fast. | Menahem Kahana/Pool via AP
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It should be illegal to make a profit off of weapons of war.
Any product fabrication is so much more than the actual product. For a weapon you need steel, machinery, oil etc. Technically the petrol station near the factory also profits from the weapon factory. Where do you draw the line who can profit from it? Until it is legal to produce any weapon someone somewhere in the chain will profit from it. In a capitalist setting this cannot just vanish.
The part where I'm talking about targeting is manufacture and development. It's not realistic to penalize steel and petrol and other materials because that gets too messy and complicated.
Weapons should be manufactured only by one's government for express use in defense. No one should get paid more than a modest salary (something fair for their labor; I hadn't given it thought enough to say more than that at this time), no one in charge should make huge salaries or bonuses, it should be a thing people do because it pays rather than because of enrichment. Like how no one gets massively wealthy delivering mail or hauling garbage; sure, you can do quite well in some instances, but you're doing it to put food on the table rather than to gain power.
Sorry that I haven't more developed thoughts at this moment. But something roughly resembling this is what I had in mind when I posted the prior comment.