War’s Shopping Cart
11 May, 2008 — peoplesgeography.comAn interesting look at the militarisation of the US economy from Nick Turse. While the US has long been a permanent war economy, the consumer dimension of the corporate overlap has not–until recently–been highlighted.
War’s shopping cart
Pepsi, Apple, Krispy Kreme and other consumer firms profit from Iraq too.
By Nick Turse | LA Times
Last month, a review of 2006 congressional financial disclosure statements by the nonpartisan Center for Responsive Politics found that lawmakers have as much as $196 million “invested in companies doing business with the Defense Department, earning millions since the start of the Iraq war.” An Associated Press article on the report, however, offered a caveat: “Not all the companies invested in by lawmakers are typical defense contractors. Corporations such as PepsiCo, IBM, Microsoft and Johnson & Johnson have at one point received defense-related contracts.”
But the Associated Press is wrong. The fact is that corporations such as PepsiCo, IBM, Microsoft and Johnson & Johnson are, indeed, typical defense contractors. To suggest that such firms, and tens of thousands like them, only receive defense-related contracts at the odd, aberrant moment is specious at best. Read the rest of this entry »



























