That's borderline utopian. It's like asking for a fair world, which in itself is utopia.
I meant a capitalism that is not controled by a few rich and powerful people. One were the population has some control over. In which form? In the form of some control from government, or the UN or something new, if it is required. And by control from the latter I mean some rules, rules against monopolistic behaviours and an executive power that it does make them comply with the laws, and not the joke we have today. That's just an example.
I don't see that being utopic in any sense.
And were is that money going?
To the trash bin or what it is the same: help sustaining an industry that is dead by itself, unless wide open wars continue, unless someone reinvents those wars. Hmm sounds familiar.
But what really most matters is, how much of that money was spent into the industry and how much is spent in the infrastructure necessary to mantain all those soldiers out of home?
No matter how you look at it that money is money thrown out of the window, spent to revive the industries that controled your government, in expense of all other industries and sectors and ultimately the populace that has to see their taxes spent in reviving the economy, instead of being spent where it should be spent.
EDIT: If they wanted to spend that amount of money into making US industry stronger, they could have paid the entire 2008 revenue of 10 M$'s (
$60 billion revenue), 16 Intels (
$38 billion), 100
AMD's, 150
Nvidia's...
NOW, that would make a difference!
But what's the point of spending so much on IT right? Well agreed, so let's get more serious and completely focus on the topic: that amount of money could have been spent into making
5 million affordable housing units. TBH I don't know how many households are there in the US, but considering there's around 300 million people living there and I estimate 2-3 people per household, averaging on the low, I don't know, it seems like a hell of a lot of affordable houses. Maybe if those had been built (reinvigorating that indeustry inthe meantime), people wouldn't have got involved in such mortgage crazyness tp obtain a house, and we wouldn't be into the troubles we are today. But only maybe, yeah, whatever, who cares, that money is 10 times better spent into destroying houses overseas...