The US military expenditure will have to be slashed to normal, and this elimination of overseas bases and weaponry will allow the US population to make the transition rather painlessly.
Yet, global military expenditure amounts to as much as 1.7 trillion dollars, and the manufacturing and trade of weapons continues to happen all over the world.
It undermines the search for peaceful solutions to conflicts all over the world." After 13 consecutive years of increases from 1999 to 2011 and relatively unchanged expenses from 2012 to 2016, total global military spending increased again in 2017.
Financing the global sharing economy, part three(3): divert military spending Key points: Global military expenditure has risen by more than 50% since 2001, reaching over $1.7tn in 2011- 12 times more than global spending on aid.
Indeed, as brought under the spotlight again this week with a second conference on the implementation of an Arms Trade Treaty, global military expenditures cost roughly $1.67 trillion of public funds in 2015- a major portion of which most taxpayers would, surely, like to see redistributed towards pro-poor investments and ending hunger.
Steven Pinker is a book"The Better Angels of Our Nature"While the population of the world is increasing in the past history, the violence in human society is consistently decreasing", Stockholm International Peace Research Institute said"25 years ago The military expenses of the whole world are one third as compared with that of the other military expenditures", this trend can also be said.
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