The world spent approximately USD 1.7T on military expenditures in 2017 as per data published by SIPRI (Stockholm International Peace Research Institute). A little over one-third was spent by the U.S., followed by China, Saudi Arabia, Russia, and India among the top five military spenders in the world.
It has been estimated by SIPRI that just 10% of this expenditure is enough to end poverty around the world (more than 800M people are below the poverty line) in just 15 years, meeting the U.N. goal to end poverty and hunger by 2030.
Does the world need to spend around 2.2% of its GDP on military expenditures which does not have a measurable ROI apart from waging wars and killing people? Is it necessary to keep investing in military R&D and expansion of war machinery especially when the entire world is hungry for peace? Was there any tangible benefits reaped by mankind by conducting destructive wars in Afghanistan, Iraq, Syria, and Yemen?
In other words, the world can reduce its military expenditure not just by 10%, but by half and still have a decent defense mechanism against enemies. If the world wants peace, where are the enemies anyway?
We are going to finish the second decade of the 21st Century in couple of years. It is a shame that there still are hungry people around the world. It is a big shame that many people still do not have a roof over their heads, or do not know where their next meal will come from. There are millions of children suffering from malnutrition due to lack of food and milk. Poor people exist even in developed countries as we can see them under bridges in many first world cities in the West – the homeless folks beyond even the fringes of the moving world economics and society.
The collective conscience of the world should be focused on solving this intractable problem of poverty and hunger, instead of focusing on increasing the possibility of conflicts and wars by spending more on military. Is there a ministry for resolving human hunger and ending poverty in the major countries around the world? We only see defense ministries who are drafting the next year’s budget with a potential 5 to 10% increase.
World leaders meeting in the U.N. should make a choice between ending poverty and increasing their military expenditures. Even if the regular annual increases are scrapped, enough money will be released to take specific actions in humanitarian relief. If the military budgets are cut by 10%, that would release USD 170B towards poverty alleviation. If this money could be targeted at helping poor children, that is going to create a healthy workforce for the future. Think about it.
It is highly irresponsible for countries to spend more than 2.5% of their GDP on defense expenditures, when the allocation for poverty alleviation projects is not even 0.5%. What are we talking here? What about allocation for education and healthcare? What about allocation for eliminating hunger? Why are governments not allocating enough of their budgets to address the needs of poor people?
For most of us in a secluded area of society, the impact of poverty and hopelessness and hunger hardly strikes home. We rarely ever think about these things. We are happy if the government reduces our tax burden, leaving more money in our hands to spend. So, how are we different from our own governments? Governments spend money on things that they prioritize, not what citizens wish for. Citizens of any country would want better quality of living, better transportation, better roads and infrastructure, better access to education and healthcare, less poverty and less hunger. Are governments providing for these things everywhere around the world?
Poor people do not worry about taxes or at other items of government expenditure. They are worried about getting through today and then tomorrow – day by day. Most of us are not looking at our lives with the same lens – we have been lucky and fortunate to get through life in an easier manner. Have you ever felt hunger with no access to any food at all? Never. That is not the case for poor and hungry children all around the world.
So, we as educated citizens of the world, need to push our own government to reduce military expenditure and redirect the released funds towards eliminating poverty and hunger from our societies. This is the most important thing that a government can do during its term of office. If it does everything else well, but not do this one thing, that would mean it is a heartless government which has wrecked its legacy.
We do not get many chances to address the problems of poor people. The focus is not on them. Let us try to bring it back towards the objectives outlined in this note. United Nations better take action immediately instead of just lecturing in its hallways.
Have a good weekend folks,
14th July 2018