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World War II: Did it liberate us from the Great Depression?

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Many of my  fellow Americans. both young and old, believe that the Second World War brought us out of the Great Depression. Before the war, millions were out of work, and people were much poorer than they are today, and, then, suddenly, we’re in a war, and nobody lacks a job, and everybody is happy (except those and the relatives of those who are looking at the grass from the roots up). Makes sense, right? The logical conclusion; shouldn’t we always be in a war? Wouldn’t that help out the economy? The answer is: NO! World War II only solved the problem of a lack of work by conscripting everyone (kidnapping) and sending them to go fight, and, for around 131,028,000 of them, to their deaths. This solves the problem, right? Instead of jobs being created for American men, coffins were. Wars always bring destruction, never prosperity. I quote Major General Smedley Butler in his book, War Is A Racket (from WWI):

It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.

A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small “inside” group knows what it is about. It is conducted for the benefit of the very few, at the expense of the very many. Out of war a few people make huge fortunes.

In the World War [I] a mere handful garnered the profits of the conflict. At least 21,000 new millionaires and billionaires were made in the United States during the World War. That many admitted their huge blood gains in their income tax returns. How many other war millionaires falsified their tax returns no one knows.

How many of these war millionaires shouldered a rifle? How many of them dug a trench? How many of them knew what it meant to go hungry in a rat-infested dug-out? How many of them spent sleepless, frightened nights, ducking shells and shrapnel and machine gun bullets? How many of them parried a bayonet thrust of an enemy? How many of them were wounded or killed in battle?

Out of war nations acquire additional territory, if they are victorious. They just take it. This newly acquired territory promptly is exploited by the few — the selfsame few who wrung dollars out of blood in the war. The general public shoulders the bill.

And what is this bill?

This bill renders a horrible accounting. Newly placed gravestones. Mangled bodies. Shattered minds. Broken hearts and homes. Economic instability. Depression and all its attendant miseries. Back-breaking taxation for generations and generations.

Here are a few of his examples. Remember, due to the Federal Reserve, the money values are worth a lot more in today’s money. I quote:

The World War, rather our brief participation in it, has cost the United States some $52,000,000,000. Figure it out. That means $400 to every American man, woman, and child. And we haven’t paid the debt yet. We are paying it, our children will pay it, and our children’s children probably still will be paying the cost of that war.

The normal profits of a business concern in the United States are six, eight, ten, and sometimes twelve percent. But war-time profits — ah! that is another matter — twenty, sixty, one hundred, three hundred, and even eighteen hundred per cent — the sky is the limit. All that traffic will bear. Uncle Sam has the money. Let’s get it.

Of course, it isn’t put that crudely in war time. It is dressed into speeches about patriotism, love of country, and “we must all put our shoulders to the wheel,” but the profits jump and leap and skyrocket — and are safely pocketed. Let’s just take a few examples:

Take our friends the du Ponts, the powder people — didn’t one of them testify before a Senate committee recently that their powder won the war? Or saved the world for democracy? Or something? How did they do in the war? They were a patriotic corporation. Well, the average earnings of the du Ponts for the period 1910 to 1914 were $6,000,000 a year. It wasn’t much, but the du Ponts managed to get along on it. Now let’s look at their average yearly profit during the war years, 1914 to 1918. Fifty-eight million dollars a year profit we find! Nearly ten times that of normal times, and the profits of normal times were pretty good. An increase in profits of more than 950 per cent.

Take one of our little steel companies that patriotically shunted aside the making of rails and girders and bridges to manufacture war materials. Well, their 1910-1914 yearly earnings averaged $6,000,000. Then came the war. And, like loyal citizens, Bethlehem Steel promptly turned to munitions making. Did their profits jump — or did they let Uncle Sam in for a bargain? Well, their 1914-1918 average was $49,000,000 a year!

Or, let’s take United States Steel. The normal earnings during the five-year period prior to the war were $105,000,000 a year. Not bad. Then along came the war and up went the profits. The average yearly profit for the period 1914-1918 was $240,000,000. Not bad.

So, whats the point? Why are we as a nation always in a war? Maybe because it benefits the few instead of the many. Maybe because it enables rapid social reform to benefit the few. Maybe government is able to become radically more tyrannical in a state of war. Maybe wars are a curse on a free society. Maybe we should avoid the unnecessary killing and imperialism that comes with wars. I’m not a pacifist, I just don’t like war. I think it should be avoided, and I believe that in nearly all cases, it is avoidable. I see wars as an opportunity for a domestic Leviathan to arise and trouble us. I believe that it is already come. Question is, what do we do about it?

may the truth be with you

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One response

  1. Pingback: War is a Racket Chapter 2 | MAIDEN ON THE MIDWAY ☸

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