Militarism and Economics

Paper Summary:

The paper discusses Friedman's theory on the growing power of economic imperialism over military might that will affect the United States military by essentially downgrading its value. The theory states that the role of the military is growing smaller and smaller, since America can now control and manipulate markets through a global policy and market controlling initiatives. The paper concludes that the American military should be aware of these trends, as the real foundation for power and value backs up the abstractions of value that currently dominate the globalization process our country now dominates.

From the Paper:

"This economic study will analyze how the new globalized markets affect how the United States military will become far less active and devalued in the near future. With the rising growth of technology, super markets and growing U.S. hegemony in the world, Friedman predicts that America will have a greater economic power over the world, rather than militaristic. In this manner, by ceding the power of the United States military to make this possible, the American government will most likely seek out ways to control these world markets through less violent means. In essence, the growing economic power of the United States globalization will invariably affect the way that the military will not take a greater role in acquiring these resources and markets."

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