Articles on

Global Capitalism and Military


(DEADLINE EXTENDED!) 2023 Call for Papers “Financialization and the Global Arms Industry”

Security in Context is issuing a call for papers on the theme of “Financialization and the Global Arms Industry.” Please submit 400-word abstracts/proposals or completed papers by March 30th, 2023 to: Please use the email subject heading "Financialization & Global Arms Industry Paper Proposal." The results for accepted proposals will be announced by April 15, 2023.

Publication: Financialization and Militarization: An Empirical Investigation

Financialization is a product of power and can only be sustained so long as there are significant economic imbalances between major countries and peripheral countries (Arrighi 1994). Militarization is not just a major source of profits but also an indispensable tool to reproduce finance capital by protecting and expanding markets. Also, finance capital has increased its power over the military sector by buying stock in arms corporations to become a major component of the military industrial complex. Therefore, financialization and militarization reinforce each other in the US.
News + Media

Military Spending and the Profit Rate under Capitalism: Adem Elveren

In this video, Professor Adem Elveren, a member of the Security in Context Financialization and Militarism working group, presents the main findings of his latest book The Economics of Military Spending: A Marxist Perspective (Routledge 2019).

Forum: Militarization 2.0: Communication and the Normalization of Political Violence in the Digital Age

A collection of essays from various authors explores how new information and communication technologies normalize the use of military force through militarization.