BTW MIC Still Rules
A fter recent failure to reach agreement on treaty for international arms trade the UN Secretary-General Ban Ki-moon wrote article ”The world is over-armed and peace is under-funded” (August 28, 2012). The main idea is in his article headline and article contents lot of good intentions and initiatives for peace development too. However I would like to bring up only one hard fact mentioned there. And here it is: Last year, global military spending reportedly exceeded $1.7 trillion – more than $4.6 billion a day, which alone is almost twice the UN’s budget for an entire year. The fact above describes that Military-Industrial-Complex (MIC) – especially in U.S. - still rules the world. Global military industrial consumption represents a few percent of GDP and is still rising. U.S. share of the cake is about 40%. The international community still is willing to invest hundreds of times more to the war than peace. MIC is a concept commonly used to refer to policy relationsh...