The evolution of the US defense budget
The evolution of the US defense budget reflects the continued rise of the United States and the transformation of war into a sustainable mode of organization for the federal government. Before 1914, military spending accounted for barely 1% of GDP, reflecting a continental power focused on domestic development. World War II marked a historic turning point. In 1945, defense absorbed nearly 41% of GDP, marking the total militarization of the economy and the birth of the military-industrial complex symbolized by the construction of the Pentagon.… Lire la suite