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  3. As Germany’s defence stocks go ballistic, armsmakers are tooling up

As Germany’s defence stocks go ballistic, armsmakers are tooling up

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  • C [email protected]

    Can't wait to see how you move the goal posts next!

    povoq@slrpnk.netP This user is from outside of this forum
    povoq@slrpnk.netP This user is from outside of this forum
    [email protected]
    wrote on last edited by
    #41

    People really need to learn how to read here. It is astonishing 😱

    S 1 Reply Last reply
    0
    • A [email protected]

      So what's your alternative? Do nothing as Russia invades country after country and hope that they'll stop before it's our turn?

      cows_are_underrated@feddit.orgC This user is from outside of this forum
      cows_are_underrated@feddit.orgC This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #42

      Noone should profit of war. Arms production is something that the state should do. We devinetively should communism arms production.

      1 Reply Last reply
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      • povoq@slrpnk.netP [email protected]

        I hope some people will finally realize who really profits from all the increased defense spending. Because the people of Ukraine will not be it.

        L This user is from outside of this forum
        L This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #43

        I hate war, I hate profiteering off human misery and I hate that the only way to deterr others from attacking you is to be ready for war yourself because humans still can't get over the drive to dominate and exploit.

        But that despicable reality of the Security Dilemma means we need to spend money on defense. We cannot yet trust other humans enough that disarmament is viable. I consider myself a pacifist, but I am not so naive to think violence can be checked by words along. The feather may be stronger than the sword, but only if it lives long enough to write.

        I hate that so much production has to be wasted on means of destruction. I hope we never have to use them.

        povoq@slrpnk.netP 1 Reply Last reply
        0
        • povoq@slrpnk.netP [email protected]

          People really need to learn how to read here. It is astonishing 😱

          S This user is from outside of this forum
          S This user is from outside of this forum
          [email protected]
          wrote on last edited by
          #44

          It’s lemmy.world, people here are mostly liberals, agreeing with your would make their world collapse. I’m happy downvotes don’t mean shit on Lemmy though, because imo you’re right and it’s pretty fucked up how we‘re all being manipulated into hooraying for more war, more arms, more destruction just to make some oligarchs even richer.

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          • A [email protected]

            So what's your alternative? Do nothing as Russia invades country after country and hope that they'll stop before it's our turn?

            S This user is from outside of this forum
            S This user is from outside of this forum
            [email protected]
            wrote on last edited by
            #45

            https://m.youtube.com/shorts/TQqQIZEXDuE

            Russia will never destroy our way of life!

            /s obviously but all of this warmongering is scary as fuck, and I hate that the ultra rich will just get even richer from this.

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            • G [email protected]

              Mate what.
              It's not like the state is oblivious to ownership.
              If a person own a company in another country that sells armaments to an enemy country, the stat would smack down on that so hard.

              S This user is from outside of this forum
              S This user is from outside of this forum
              [email protected]
              wrote on last edited by
              #46

              Dude that’s not a conspiracy, that’s just capitalism. E.g. NBC is owned by General Electric, one of the largest American defense contractors. So obviously NBC has a conflict of interest if they’re critical of warmongering.

              The same goes kind of for every bigger news outlet, if you look at their ownership structures they’re all owned by oligarchs and their main interest is in protecting capital, not being ethical and uphold journalistic standards or criticize how the government acts if it protects the interests of the ultra rich.

              The shareholders of public companies are, well, public information and it’s kind of hard to find a large company that’s not partly owned by Blackrock, Vanguard and the likes. Now, if you dig deep enough into their portfolio, e.g. through their emerging markets funds I would not be surprised if they have some shares in Chinese defense companies, unless they’re sanctioned and even then you can probably still invest if you set up some shell company that isn’t sanctioned.

              And the government will obviously not go against Blackrock, Vanguard, etc. because they have so much influence on public opinion that the government would be history pretty quickly. Oh yeah, the (most likely) new chancellor of Germany is ex-Blackrock, think he’ll care?

              S 1 Reply Last reply
              0
              • L [email protected]

                I hate war, I hate profiteering off human misery and I hate that the only way to deterr others from attacking you is to be ready for war yourself because humans still can't get over the drive to dominate and exploit.

                But that despicable reality of the Security Dilemma means we need to spend money on defense. We cannot yet trust other humans enough that disarmament is viable. I consider myself a pacifist, but I am not so naive to think violence can be checked by words along. The feather may be stronger than the sword, but only if it lives long enough to write.

                I hate that so much production has to be wasted on means of destruction. I hope we never have to use them.

                povoq@slrpnk.netP This user is from outside of this forum
                povoq@slrpnk.netP This user is from outside of this forum
                [email protected]
                wrote on last edited by
                #47

                Europe is already spending 430 billion Euros annually on defense (compared to about 150 or PPP adjusted 300 for Russia).

                This is not about pacifism, this is about not being manipulated into spending even more, when you could rather look into what you are already spending and use that more efficiently. There is a lot of potential to massively improve spending efficiency and also strengthen the defense capabilities.

                Defense is not the only problem Europe has, and also just ramping up defense spending elsewhere does not help the Ukrainians defend themselves against Russia.

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                • S [email protected]

                  Dude that’s not a conspiracy, that’s just capitalism. E.g. NBC is owned by General Electric, one of the largest American defense contractors. So obviously NBC has a conflict of interest if they’re critical of warmongering.

                  The same goes kind of for every bigger news outlet, if you look at their ownership structures they’re all owned by oligarchs and their main interest is in protecting capital, not being ethical and uphold journalistic standards or criticize how the government acts if it protects the interests of the ultra rich.

                  The shareholders of public companies are, well, public information and it’s kind of hard to find a large company that’s not partly owned by Blackrock, Vanguard and the likes. Now, if you dig deep enough into their portfolio, e.g. through their emerging markets funds I would not be surprised if they have some shares in Chinese defense companies, unless they’re sanctioned and even then you can probably still invest if you set up some shell company that isn’t sanctioned.

                  And the government will obviously not go against Blackrock, Vanguard, etc. because they have so much influence on public opinion that the government would be history pretty quickly. Oh yeah, the (most likely) new chancellor of Germany is ex-Blackrock, think he’ll care?

                  S This user is from outside of this forum
                  S This user is from outside of this forum
                  [email protected]
                  wrote on last edited by
                  #48

                  NBC is not owned by GE

                  S 1 Reply Last reply
                  0
                  • S [email protected]

                    NBC is not owned by GE

                    S This user is from outside of this forum
                    S This user is from outside of this forum
                    [email protected]
                    wrote on last edited by
                    #49

                    https://en.m.wikipedia.org/wiki/NBCUniversal

                    Sorry you’re right. I’m super old back in the day that was true though.

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