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James Wimberley's avatar

"i’m pushing slowly through books on Heyting algebras (Esakia), Stone spaces (Johnstone) and (always scary for me) Category theory (Simmons).."

Have you tried asking a chatbot for summaries in the format of comic books?

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Ted Carter's avatar

Hi John. I have not read either “Economics in Two Lessons” or “Economics in One Lesson” nevertheless, as an uneducated casual observer of stuff, the following statement made absolutely no sense to me, “the idea that war is economically beneficial for society, or even for the capitalist class, is nonsense.”

I used my preferred AI to compile some numbers, for the period 2022 to 2024, and it produced the following summary of major corporations in the US military Industrial complex, I added in Palantir for its use of AI for target acquisition.

Profit Growth Stock Growth Top Revenue Source

Lockheed +40% +47% F-35 jets, missiles

Raytheon +25% +28% Patriot missiles, engines

General Dynamics +33% +52% Tanks, submarines, shells

Palantir +370%* +100% AI warfare (Ukraine/Israel)

* From loss to profit.

I would wager that neither the war in Ukraine, or Israel’s several conflicts in West Asia would still be ongoing if the 1 percenters and ten percenters investing in wars were not making a motza.

The wars in Europe and Palestine have severely diminished the US stockpile of 155mm artillery shells, with over 3 million supplied to Ukraine. The pentagon has asked General Dynamics to increase production from 28k to 100k shells per month.

I am certain that GD will be making a substantial profit from those sales, and one can only imagine what is happening to the market for large industrial and warehousing premises with GD seeking suitable locations to install the plant required.

Are these figures not evidence that, at least some in the investing class are profiting from never ending wars?

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