Podrobný výpis o publikaci

The author deals with the influence of military spending on economic growth. It criticizes the concept of so-called military Keynesianism, according to which it is more or less indifferent to whether civil or arms expenditures are used as a fiscal stimulus to increase growth. Using the example of the Nazi economic program, he demonstrates that focusing on the militarization of the economy brings only a short-term effect, as the sources of growth will soon be exhausted, inflation and even state bankruptcy threaten. He considers the German economic miracle an exceptional matter, as it was largely feasible under the conditions of totalitarian domination of the economic, financial and political system. US President Roosevelt's New Deal was interrupted by a decision by the Supreme Court to temporarily interfere with the liberal economy and therefore did not achieve its fully intended objectives. Data from economic history clearly confirm the advantages of focusing on civilian programs. Militarization, on the other hand, inevitably leads to war, because produced weapons cannot only be accumulated in stores.