“Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. . . . This is not a way of life at all, in any true sense. Under the cloud of threatening war, it is humanity hanging from a cross of iron.”
Dwight David Eisenhower (1890-1969) was the Supreme Allied Commander by the end of World War II, first military head of N.A.T.O., and then a landslide Republican winner of the 1952 U.S. Presidential election. He served two terms as President, during which the Cold War deepened and America prospered mightily. This quotation comes from his widely broadcast and historically notable 1953 “Chance for Peace” address, sometimes known as the “Cross of Iron” speech. Even Wikipedia notes the “debatable” sincerity of his words, and yet they are urgent and fine and no less true today.
He elaborated the purely economic price of the arms race like this: