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Global military spending is now an integral part of capitalism

China’s surge in military spending gains headlines, partly because of the ominous implications regarding its regional contest with Japan, but it’s the deeper structures of military spending in general that are far more compelling. There are few surprises about the distribution of military spending: for all the current focus on China’s growing military outlays…

Nick Gillespie explains why conservatives should cut defense spending

In a video released on Tuesday, Reason.TV’s Nick Gillespie gave three reasons why conservatives should support reducing U.S. defense spending. “Conservative Republicans are happy to talk about cutting spending on the poor, education, and cowboy poetry readings, but they insist that spending on defense and homeland security be increased,” he…