Hacker Timesnew | past | comments | ask | show | jobs | submitlogin
War Is a Racket (1935) (ratical.org)
24 points by Creationer on April 28, 2019 | hide | past | favorite | 1 comment


TLDR: "Take our friends the du Ponts, the powder people -- didn't one of them testify before a Senate committee recently that their powder won the war? Or saved the world for democracy? Or something? How did they do in the war? They were a patriotic corporation. Well, the average earnings of the du Ponts for the period 1910 to 1914 were $6,000,000 a year. It wasn't much, but the du Ponts managed to get along on it. Now let's look at their average yearly profit during the war years, 1914 to 1918. Fifty-eight million dollars a year profit we find! Nearly ten times that of normal times, and the profits of normal times were pretty good. An increase in profits of more than 950 per cent."




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: