Economics of Killing" by Vijay Mehta

India Infoline News Service | Mumbai |

The book proposes how the world might move away from an economy based on war to one based on peace and co-operation,

At this important time in history when India needs more growth for poverty reduction, it is dangerously militarising itself which is a provocation for more violence and terrorism, Vijay Mehta along with many others are concerned that in a country with a history of nonviolent leadership, why are we embarking on a path of destruction instead of working for the interest of its citizens.

The shift in world military spending specially to the three big developing countries in Asia, India, Pakistan and China, is a beginning of a new cold war in the region. According to the report released by SIPRI March, 2012, India now is the world’s biggest weapons purchaser (10%) global arms imports along with 4 other countries all in Asia - South Korea (6% of total arms transfers), Pakistan (5%), China (5%) and Singapore (4%). The top leaders, elites and corporation for their profit and greed have plunged the Asian subcontinent into turmoil. This is one of the prime reasons for terrorism, violence, and extreme poverty in India and around.

Even with the continued economic growth in the country, India should not continue to spend billions of US dollars in military hardware and instead should invest on development and poverty elevation projects and programs. 

A new book, “The Economics of Killing” by Vijay Mehta highlights the global spending on military ($1.6 trillion a year), which has created a monster, Military Industrial Complex (MIC) that acts against the interest of people everywhere in the world. The book shows how this monster is not only the cause of extreme poverty in the developing countries, but of 9/11 and the market crash of 2008. 

The book proposes how the world might move away from an economy based on war to one based on peace and co-operation, so we can tackle the biggest threats facing humanity: warmongering, extreme poverty and climate change.

“Across the world, the MIC has handed power to that 1% of humanity whose material desires can never be sated, who act as economists say they should, who murder, torture and steal in exchange for billions in a Swiss bank account, for a fourth yacht or a tenth palace” said the author Vijay Mehta, “the grip of the MIC will finally end: not with a bang but in a peaceful murmur of prosperity.”

Table of contents:

Part I: Military Industrial Complex – Power, Myths, Facts And Figures

1. How the West’s Addiction to Arms Sales Caused the 2008 Structural Financial Crisis

2. What is the Military Industrial Complex?

3. The Culture of Militarism and Global North’s Power of Definition

4. Europe and the Remaking of the Middle East

Part II: Military Spending and its Ill Effects

5. Negative Effects of Conflicts on Global, Human Security, Refugees, Forced Migrations and Urbanisation

6. War and its Ill Effects on Health, Environment and Development

Part III: The Folly of Chronic Wars – For Profit, Resources and Domination – More Weapons – More Wars – More Profits

7. Terrorism and Non-State Actors, and How to Make Them Stop

8. China’s Periphery – The Military-Industrial Mess That Could Destroy a Bright Future

9. The Emerging Conflicts – Other Future Fault-lines of the World

Part IV: A New Vision, A New Beginning in a New Millennium – A Practical Way of Reducing Arms, Armies and Wars for the Survival of Humanity

10. Averting Disaster – What Type of Global Security Architecture Fits in Today’s World?

11. Replacing Military Industrial Complex – Making the 21st Century the Century of Soft Power



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