Joseph Stiglitz Quotes
This Iraq war has been the most "privatized" war in America's history. It has seen the most extensive use of contractors. The contractors have increased the costs; but they have been necessary - the military simply could not have done it on their own. we would have had to increase the size of the military. But the George W. Bush Administration wanted America to believe that it could have a war, essentially for free, without raising taxes, without increasing the size of the armed forces.
Stiglitz, Joseph E., and Linda J. Bilmes. The Three Trillion Dollar War: The True Cost of the Iraq Conflict. W. W. Norton & Company, 2008.
Even in democratic America, this has been true. We spend almost any amount of money to give our military the weapons of war that will make them more effective soldiers, but when they return with mental and physical wounds, government money is not so easy to come by to preserve them in good health. Cost is a major consideration in Veterans benefits and care, but weapons expenditures have little restraint. It has been so for many years in many cultures.
An additional “advantage” is to artificially minimize the number of American troops involved in an unpopular conflict.
Joseph Eugene Stiglitz is an American economist, public policy analyst, and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979). He is a former senior vice president and chief economist of the World Bank and is a former member and chairman of the (US president's) Council of Economic Advisers. He is known for his support of Georgist public finance theory and for his critical view of the management of globalization, of laissez-faire economists (whom he calls "free-market fundamentalists"), and of international institutions such as the International Monetary Fund and the World Bank.