War is always a crime. In every war – soldiers shoot at whatever moves – civilians or not.
An eye for an eye – according to the old testament – if somebody profits from the death of other people – the government should return the favor.
This means war-profiteers should be sentenced to death in a way the suffering family is profiting. That could mean life-time slavery.
This small book is extraordinary – Mr Butler wrote it between Wold War I and World War II.
He also clearly describes how chemical (Du Pont), leather metal producing companies can multiply their profits by war.
It is very sickening to see that people profit from other people’s suffering.
I blame the financial system and lack of empathy, consciousness, awareness and too much greed addiction and ignorance for it – lack of development as a human.
It can not be condemned enough.
“Take our friends the du Ponts, the powder people — didn’t one of them testify before a Senate committee recently that their powder won the war? Or saved the world for democracy? Or something? How did they do in the war? They were a patriotic corporation. Well, the average earnings of the du Ponts for the period 1910 to 1914 were $6,000,000 a year. It wasn’t much, but the du Ponts managed to get along on it. Now let’s look at their average yearly profit during the war years, 1914 to 1918. Fifty-eight million dollars a year profit we find! Nearly ten times that of normal times, and the profits of normal times were pretty good. An increase in profits of more than 950 per cent.”
The Du Pont family is an American family descended from Pierre Samuel du Pont de Nemours (1739–1817). Since the 19th century, the Du Pont family has been one of the richest ($14.3 Billion) families in America.
” And let us not forget the bankers who financed the great war. If anyone had the cream of the profits it was the bankers. Being partnerships rather than incorporated organizations, they do not have to report to stockholders. And their profits were as secret as they were immense. How the bankers made their millions and their billions I do not know, because those little secrets never become public — even before a Senate investigatory body.”
I can tell two way banks profit from war – but there are probably more.
They can invest in war – by buying stocks of those companies that profit from war or by buying whole companies.
For fax growth companies need bank-credits – so banks can profit by lending money to war-profiteering-companeis.
War Profiteers not only in the US
The Full Text:
“The United States of America is in a state of perpetual war, which requires perpetual war spending. The reason for this is simple: money and power.”