Amid Widespread Disease, Death, and Poverty, the Major Powers Increased Their Military Spending in 2020 | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

Amid Widespread Disease, Death, and Poverty, the Major Powers Increased Their Military Spending in 2020

The existence of widespread poverty in the world’s mightiest military powers raises the question of what could have been done to alleviate or eliminate it, if during 2020 they had not poured nearly $1.1 trillion into preparations for war.

Last year was a terrible time for vast numbers of people around the globe, who experienced not only a terrible disease pandemic, accompanied by widespread sickness and death, but severe economic hardship.

Even so, the disasters of 2020 were not shocking enough to jolt the world’s most powerful nations out of their traditional preoccupation with enhancing their armed might, for once again they raised their military spending to new heights.

During 2020, world military expenditures increased to $1,981,000,000,000—or nearly $2 trillion—with the outlays of the three leading military powers playing a major part in the growth. The U.S. government increased its military spending from $732 billion in 2019 to $778 billion in 2020, thus retaining its top spot among the biggest funders of war preparations. Meanwhile, the Chinese government hiked its military spending to $252 billion, while the Russian government raised its military outlay to $61.7 billion.

As a result, the U.S. government remained by far the most lavish spender on the military in the world, accounting for 39 percent of the global total. Even so, the Chinese government continued its steady role in the worldwide military buildup, with its military disbursements rising for the 26th consecutive year. Indeed, China’s 76 percent increase in military spending between 2011 and 2020 was the largest among the world’s top 15 big spenders. When added together, the 2020 military expenditures of the United States, China, and Russia accounted for 55 percent of the global total.

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