~~September 30, 2015~~
A war profiteer is any person or organization that profits from warfare or by selling weapons and other goods to parties at war.
The term has strong, negative connotations. General profiteering may also occur in peace time. One example of war profiteers were the “shoddy” millionaires who allegedly sold recycled wool and cardboard shoes to soldiers during the American Civil War.
The term ‘war profiteer’ evokes two stereotypes in popular culture: the rich businessman who sells weapons to governments, and the semi-criminal black marketeer who sells goods to ordinary citizens.
In English-speaking countries this is particularly associated with Britain during World War II. The image of the ‘businessman profiteer‘ carries the implication of influence and power used to actively cause wars for personal gain, rather than merely passively profit from them. In the aftermath of World War I, such profiteers were widely asserted to have existed by both the Left, and the Right.
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~How U.S. Companies Profit From War~
~Published on Sep 29, 2015~
The United States exports more weapons than any other nation – which means American companies profit from other countries’ wars.
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Hi!! good day … thanks so much for your kind comment. It’s deeply appreciated!!
Have a wonderful day …. Peace! 🙂
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