Keir Starmer and Rachel Reeves propose increased military spending to revive Britain's economy, claiming it would create good jobs and foster regional equality. However, critics argue that this approach misrepresents the benefits of military investments, noting that the majority of such spending is concentrated in London and large multinational firms. The article contends that relying on military contracts undermines the cultivation of a diverse economy, often sidelining small businesses and exacerbating existing economic inequalities. Ultimately, it portrays military budget growth as a misguided strategy for genuine economic recovery.
Military spending is not a tonic, but a poison that will worsen our economic ills and make Britain less safe in the long run.
Assurances of prosperity for small businesses and ex-industrial towns rest on a misleading depiction of military spending.
Slashing red tape and granting small businesses more access to the military budget will not build a family-run missile factory on every street corner.
Policy choices have left communities dependent on military contracts because of divestment from public services and civilian industry.
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