Concept

Economic militarism

Summary
Economic militarism is the ideology surrounding the use of military expenditure to prop up an economy, or the use of military power to gain control or access to territory or other economic resources. Thus a link between output and military expenditure can be made. The scope of this effect depend on : threat faced, productivity of factors, degree of the military utilisation, finance method of military spending, its externalities and effectiveness of this military spending in countering the treaty. As a consequence, a same amount of military spending in different countries can have wide-ranging effects. Brief history of the term The first important use dates from 1939 with Germany Rampant: A Study in Economic Militarism by Ernest Hambloch, a long-serving British diplomat. Germany Rampant "traces the philosophy of Nazism to the German mythological figures of ancient times." Since this book the term has been used in connection with the ancient Aztecs, and with militaristic mov
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