Going to war means let's ulter the economic progression - page 7.

edgycorner

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It is clear that war has a negative effect on economies, both on a local and global scale.
Rising inflation, food insecurity, and environmental degradation are just some of the ways in which war can take a toll on a country. While there may be some short-term benefits to going to war, in the long run, it is clear that the costs far outweigh the benefits.

Countries would be wise to invest in peacekeeping and diplomacy in order to avoid the devastating effects of war.

But one can easily provide a counter-argument like how war can spur innovation and economic growth. Additionally, war can create new markets for goods and services. Finally, war can lead to the consolidation of power by the victorious party, which can in turn lead to increased stability and prosperity. Just look at how much industrial and technological growth we saw during the World wars and cold war Cheesy

It's a very hot topic.

Upgrade00

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Quote from: gantez on September 20, 2022, 10:26:16 AM

It is effect more on the world as it increase inflation and reduce the living of the people of the world if the countries have major contribution for the world economy.

You are spot on here, such effects would only be noticable if that country has a global export which other countries depend on. There are lots of wars which go unoticed by the general public, cause it doesn't have any rebound effects on the rest of the world.

Russia and Ukraine are two heavy exporting nations, contributing to economies on different economies, reasons why the war is so pronounced.

Quote from: gantez on September 20, 2022, 10:26:16 AM

The degradation of environment is also there if war happen and this is major effect on agricultural produce leading into the food shortage and insecurities around that.

There are many negative effect of war but no profit and rebalancing fiscal priorities could prove quite challenging even in advanced economies.

Environmental degradation is also a major effect. Up there is also the displacement of citizens who now become refugges in other regions, depending on their economy.

The only benefit of war is selfish interest. A nation seeking to expand its empire or build one, would go about conquering viable nations to further their course.

el kaka22

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There is also an economical impact on the taxation as well, many governments tax people a lot more, and spend a lot more on military, even if they are not involved, just so they could be ready in case anything happens, and that is not really acceptable. I personally believe that the best thing to do would be making sure that you are not part of this at all, doesn't make sense to me, just leave it all together and let's not fight.

There are two sides who wants different things? Just sit them on a table, and let them hash it out by talking, even getting angry at times, but somehow figure out a method by without killing a single person, much better outcome.

Smartvirus

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War has been part of the world since the beginning of time. Its been a way through which civilizations are carved. A way to attain a lasting piece as it is served, out of the ashes, life is birth. Its something we all hope to avoid but it happens anyway and rarely.

The war between Russia and Ukraine is regrettably and it has lasted more than most of us would have hoped or estimated that it did but, we should be rest assured that its going to bring a lasting peace between both nations even though individuals will still hold on to there grievances.

A little backward might bring about a galloping forward match to a better civilization, a correction towards most of the ills and its would be one that is won out of pain.

coupable

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Quote from: Furious 7 on September 20, 2022, 01:26:30 PM

This is indeed one of the things that can indeed be a decisive or turning point in the economy because it is clear that with the war there will definitely be an economic crisis, but the problem is that when so many lives have been lost, it is actually very sad because I still feel it is not worth it when there are so many people. Even though the existing victims were replaced with economic progress, I still don't really like this because apart from the economic impact, the psyche of the people involved in the war are definitely affected.

Killing civilians is not the main objective of fighting wars and is considered a war crime even if one person who is not a military person is killed. The problem is the exploitation of densely populated cities as hideouts and fortresses, in addition to using people as human shields during confrontations.
The rules of war that no one respects require that the conflict be between armies and not against the population. It also requires the availability of a battlefield and the provision of humanitarian corridors for civilians, while neutralizing hospitals and shelters .

Furious 7

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This is indeed one of the things that can indeed be a decisive or turning point in the economy because it is clear that with the war there will definitely be an economic crisis, but the problem is that when so many lives have been lost, it is actually very sad because I still feel it is not worth it when there are so many people. Even though the existing victims were replaced with economic progress, I still don't really like this because apart from the economic impact, the psyche of the people involved in the war are definitely affected.

coupable

hero member

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Under a capitalist system that establishes consumer societies, the crises will not stop. The need for raw materials makes the economies of the world highly interconnected, and this is what makes crises spread and affect all countries very quickly in the so-called domino effect. The crisis of the Ukrainian war should give lessons to the countries of the world in working to achieve self-sufficiency while reducing the need for external resources.
I also hope that this crisis will end quickly, but it seems that there are no indications that this will happen soon .

ChiBitCTy

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This is exactly right. Despite war being awful in terms of the loss of human lives, even worse is the fact that it effects the entire worlds economic progression. It may not be easy for everyone to see, but it literally does effect every single nation on earth. It's just a disgustingly selfish thing for countries to do, knowing that this is going to be the case.

Let's all hope and pray that this war ends sooner than later...our economies depend on it.

Rruchi man

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War has always been associated with altered economic progression for citizens who then become victims of the harsh economic realities they will have to face as a result of crisis. But there are some people and companies that benefit and are not really affected whenever there is a crisis for instance, the manufacturers of guns and ammunitions, pharmaceutical supplies as well and relief materials are always in profit.

gantez

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I see this that lets go to war means let us ulter the existence of certain economic progression. Apart from death of people both soldiers and the civilian, it take back the system backward from the party in the war but the effect is more on the people not in the fighting, the world at large. It is effect more on the world as it increase inflation and reduce the living of the people of the world if the countries have major contribution for the world economy.

The effect of war include rising inflation, extreme poverty, increasing food insecurity, deglobalization, and worsening environmental degradation. All the effect here are what we see in the Ukraine and Russia war, example is inflation that is affecting different country in their economy because products going out from Ukraine like wheat or corn leaving out there in small quantity and expensive. Russia is not supplying energy to Europe neighborhood and that slow access to production in the region there and causing life to be difficult.

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Russia is a major supplier of fossil fuels, especially to Europe. Disruptions to supplies of these commodities are driving up prices.

The degradation of environment is also there if war happen and this is major effect on agricultural produce leading into the food shortage and insecurities around that.

There are many negative effect of war but no profit and rebalancing fiscal priorities could prove quite challenging even in advanced economies.

Topic: Going to war means let's ulter the economic progression - page 7. (Read 1167 times)