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Old 05-04-08, 12:33 PM   #19 (permalink)
Scucca
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Re: Tories join Brown in bid to block fraud investigations

Quote:
Originally Posted by Red_Dave View Post
I worked on CAATs campaign to shut DESO for a while so i agree that the arms trade is destructive for foriegn populations
Good on yer!

Quote:
but how is it economically destructive?
Britain suffers from a shortage of scientists and engineers. Our R&D focus on the military sector therefore operates like a "crowding out" effect. Scarce resources are wasted on arms production, with the civilian sector suffering from reduced growth. This negative effect has increased because any "spin-off" gains have been stunted by an increased tendency towards "spin in" (i.e. our military sector provides fewer economic opportunities and spends more of its time finding military use for civilian know-how)
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