Naomi Klein argues that disaster creates opportunities for capitalism to expand. If so, opportunities will abound. Perpetual war will do the same.
Consider the plan by NYC to provide a protective wall around Lower Manhattan. First, the protection extends only to the rich, not to, say, the Bronx. Second, the plan confers expansion opportunities for real estate industries. Third, the $10 billion price tag is way too low.
Miami, for example, recently floated a bond issue for about $600 million to protect Miami from a rising sea with more intense storms. You get the picture: armoring cities and regions will cost a whole lot, so where is Dick Cheney’s Hallarburton?
The Iraq War provided lots of lucrative contracts Hallarburton. Indeed, never forget President Eisenhower’s warning about the Military Industrial Complex.