Cost of war

It just doesn’t add up!

The present actions of the human race simply defy logic – we spend more on war than we would need to solve everyone’s problems

According to this report the US has spent $6 Trillion (that is $6000 billion) on the wars in Iraq and Afghanistan alone.

And yet according to Jeffrey Sachs just $175 billion per year would end extreme poverty across the world in just 20 years. That’s $3.5 Trillion in total.

That is less than 1% of the combined income of the richest countries in the world.

The US alone has an annual military budget of $680 billion with total related costs taking up to nearer $1 trillion.

Officially the world military spending in 2012 was estimated to have reached nearly $1.8 Trillion a year!

Spend on peace not on war

A more recent report puts the cost of conflict at a shockingly far higher cost – $14.3 Trillion in 2014 – that’s 13.4% of the world’s gross domestic product (GDP) spent on destroying lives and property.

Here’s something else, 57 million children in the world are denied a basic primary education. All it would cost to provide universal education in developing countries would be $53 billion per year – hit this link for more.

And get this, the benefit of each dollar spent on basic education can be a return of 10 to 15 times the same amount in economic terms to the GDP of a country.

Am I the only one that finds it utterly astonishing that if we could put aside our greed, hubris and prejudices, took what we collectively spend on war-mongering and instead put it towards solving the world’s problems – we wouldn’t need to have war or conflicts at all?

Also read – Hate the hate, Push for Peace

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