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Pete Moore and Omar S. Dahi

War Economies Roundtable: Introduction

[By Alfred T. Palmer, courtesy of Creative Commons]

The concept of a war economy has varied considerably.  Historically, the term referred to a marshalling of national resources to support a state’s prosecution of war. Walter Oakes argued that “a war economy exists whenever the government’s expenditures for war (or ‘national defense’) become a legitimate and significant end-purpose of economic activity” (Oakes 1944: 12). Oakes and other scholars saw war economies as logical developments of capitalism in the core ...

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