http://www.tomdispatch.com/post/175207/tomgram%3A_frida_berrigan%2C_pimping_weapons_to_the_world/#more

America’s Global Weapons Monopoly
Don’t Call It “the Global Arms Trade”
By Frida Berrigan

On the relatively rare occasions when the media turns its attention to U.S. weapons sales abroad and shines its not-so-bright spotlight on the latest set of facts and figures, it invariably speaks of “the global arms trade.”

Let’s consider that label for a moment, word by word:

*It is global, since there are few places on the planet that lie beyond the reach of the weapons industry.

*Arms sounds so old-fashioned and anodyne when what we’re talking about is advanced technology designed to kill and maim.

*And trade suggests a give and take among many parties when, if we’re looking at the figures for that “trade” in a clear-eyed way, there is really just one seller and so many buyers.

How about updating it this way: “the global weapons monopoly.”

In 2008, according to an authoritative report from the Congressional Research Service (CRS), $55.2 billion in weapons deals were concluded worldwide. Of that total, the United States was responsible for $37.8 billion in weapons sales agreements, or 68.4% of the total “trade.” Some of these agreements were long-term ones and did not result in 2008 deliveries of weapons systems, but these latest figures are a good gauge of the global appetite for weapons. It doesn’t take a PhD in economics to recognize that, when one nation accounts for nearly 70% of weapons sales, the term “global arms trade” doesn’t quite cut it.

Read the rest here:
http://www.tomdispatch.com/post/175207/tomgram%3A_frida_berrigan%2C_pimping_weapons_to_the_world/#more