War is the ultimate government intervention. It is the excuse for all kinds of evils to be imposed on the governed. From confiscation through taxes and inflation to restriction of freedom of speech and the redirection and even nationalization of whole industries, nothing increases state power such as war.

As the state is predatory and produces nothing of use, it is the ultimate impoverishing situation. From an ideological point of view, it is even worse, mixing love for one’s culture and homeland with the state itself. It reduces individual’s resistance to loss of liberty and creates in their minds the myth of the protecting government.

There is also another insidious idea that a lot of people hold: That is that war has economic and other benefits, not to certain individuals or groups, but to the community at large. It is worth examining these supposed benefits to show that no, war does not benefit the community, it is just death and destruction.

As with all government stimulus, this is just a redirection of resources. Instead of adapting to current resources, what a war stimulus does is to increase money and credit at unprecedented levels to pay for exorbitant government spending. This just means that real resources are taken from the community in the form of inflation and taxes and spent away on things the community does not want.

It is similar to getting all your savings and any credit you can get and spending it. For a while it appears that you are more affluent, until those resources are spent. Fiscal stimulus causes the same waste of savings and capital which, for a while, look to have stimulated the economy. But this is just spending. Soon there are not enough resources left and reality asserts itself. Once enough resources have been wasted, there are not enough to sustain the party, no matter how much money the government prints. If it continues to print, they create a hyperinflation period. If they........

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