Preparing for War: The Global Military Budget


2022 proved to be a boon for militarists the world over

May 1, 2023:Dr Binoy Kampmark

US$2.24 trillion is a mighty amount. It’s also a sickening figure when considering the object of this exercise. The flickering tease of war, the promise of bloodshed and an increasingly large butcher’s bill, are inevitable suggestions from such a figure. The scenes are also clear: well-paid suits dazed by theories of the next war; policy wonks jabbering over mock war games. A huge amount of money is being pushed into the venture, and the sceptics are being held at bay.

Much of this news comes from the Stockholm International Peace Research Institute’slatest findingsthat countries are spending 2.2% of the world’s gross domestic product on armaments. Of that amount, the United States, China and Russia accounted for 56% of the total. Global military spending, theSIPRI reportalso notes, grew…

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