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It's less that than is generally made out. That's an excuse that other countries make for America, to explain away her actions and justify their not doing anything against it. But it's not the reason. The reason the war industry keeps thriving is it makes a lot of money. It's the rich and powerful using war to make themselves more money at our expense. At our expense because that war money that flows into their pockets would have otherwise gone into public works projects and improved life for the poor and middle classes, and especially at the poor's expense because they are the ones who join the army (for the money; why do you think the army promises to pay for college?) and go overseas to die.

It's a racket.

Absolutely agreed.