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I remember having a slightly heated discussion with a HS Civics teacher in class. She was adamant a war economy was just as productive as a non war economyFrom 1984:
The problem was how to keep the wheels of industry turning without increasing the real wealth of the world. Goods must be produced, but they must not be distributed. And in practice the only way of achieving this was by continuous warfare...
The primary aim of modern warfare... is to use up the products of the machine without raising the general standard of living. The essential act of war is destruction, not necessarily of human lives, but of the products of human labour...
War is a way of shattering to pieces, or pouring into the stratosphere, or sinking in the depths of the sea, materials which might otherwise be used to make the masses too comfortable, and hence, in the long run, too intelligent.
It is astonishing to see the American president bragging that empty oil tankers are on their way here.
His tweets have been really flailing about on this war for awhile now. He's got himself into a situation that he can't just walk away from like he's done with most things in his life, and he's panicking, plain and simple.
Blockading a closed strait should improve things. But it could deny Iran/China the benefits they are denying others.