Economics is one of the key causes of war - wherever there is a military conflict, someone is profiting from it.
WRI looks at war profiteering in a broad sense - all companies and initiatives that benefit financially from military conflict. This includes the arms trade, companies profiteering for the privatisation and outsourcing of the military, companies extracting natural resources in conflict zones, financial institutions investing in arms companies, and many others.
WRI publishes a quarterly magazine called War Profiteers' News (in English and Spanish), and organises events to bring campaigners and researchers together to share strategies against war profiteering. In 2015 we gathered members and friends of the WRI network in Seoul, for a seminar called “Stopping the War Business”, where campaigners shared experiences and strategies of countering war profiteering. The seminar coincided with the ADEX arms fair, where we took nonviolent direct action together.
Recent other war profiteers related posts
17 Feb 2016
Defence-industries profiting of the Dutch tax laws are double cynical. Apart from ethical objections, the defence industry are evading the very taxes which are uses by their governments to pamper them, buy their product, subsidize their research and facilitate their exports.
In 2009, US president Obama put the Netherlands on his list of the world's worst tax havens. The Dutch government did its utmost to deny this allegation. But the issue was on the agenda and has never disappeared since.
17 Feb 2016
The rise in mercenaries fighting on the front line in conflict zones in Africa and the Middle East is a frightening return of the ‘Dogs of War’, according to a new report published by War on Want.
17 Feb 2016
Tahoe Resources is a Canadian mining company. In mid-2010, Tahoe acquired the Escobal mine in southeast Guatemala from Goldcorp; Escobal is a 'high grade silver' mine, and also contains gold, lead and zinc. Some analysts believe it to be one of the biggest silver mines in the world. The Escobal mine is approximately 40km southeast of Guatemala City, and 3km from San Rafael los Flores.
22 Dec 2015
At the end of the Stopping the War Business international seminar, three participants shared their reflections from the meeting. Here they are below.
Tuuli taking action against the ADEX arms fairIt's good to be in South Korea. I'm from a country which still maintains conscription and I've used half of my life working with issues related to conscientious objection. That is one reason why it feels so special to be in Seoul, as I've heard so much about the campaings that our South Korean friends have been doing here.
Anyway, war profiteering is not the strongest area of my knowledge so I've learned a lot during this seminar. Thanks for the really interesting keynote speakers as well as workshops!
In this seminar we discussed about the consecuenses of war profiteering for the individual people. We also discussed about the vast and dark structures of the war profiteering. Sometimes these structures make me feel very small.
21 Dec 2015
War draws on deep roots, and leaves long legacies. Years before the attention-grabbing shots of bombs falling and armoured vehicles rolling around, and well after the photographers have packed up and gone home, violence is being fed, nurtured, and profited from. In November we saw the shocking attacks in Paris – the first business day after the French president 'declared war' on Daesh saw healthy growths in the share prices of some of the world's biggest arms companies.
15 Dec 2015
Laboratorio de Paz (Peace Laboratory)
10 Dec 2015
Amnesty International press release, sourced from here.
Decades of poorly regulated arms flows into Iraq as well lax controls on the ground have provided the armed group calling itself Islamic State (IS) with a large and lethal arsenal that is being used to commit war crimes and crimes against humanity on a massive scale in Iraq and Syria, Amnesty International has said in a new report.
10 Dec 2015
A PhD student studying applied matematics at a university in Britain reflects on the links between academia and the arms trade.
When I started my PhD in applied mathematics around one third of my proposed funding plan was to come from BAE systems. Knowing very little about BAE and the arms trade in general I did some research, and was horrified at what I found. It soon became clear that there was no way I wanted their money or any involvement with them, which fortunately did not involve me dropping out of my PhD, just taking a funding cut. This move was a knee-jerk reaction; one which I have been trying to justify ever since. I do not struggle to justify standing against weapons research, but mathematical research by nature can have many unpredictable outcomes; a new technology that might seem like a genuine asset to humankind is only a couple of modifications from the latest killing machine, so even non-military research cannot be truly considered safe.