Economics of Violence

Published on 05 Mar 2025

The economic impact of war is difficult to measure, as GDP calculations often account for weapons production but not human destruction or long-term consequences like inflation and unemployment. While militarised economies may see short-term benefits, studies on war’s effect on GDP per capita remain inconsistent and inconclusive.

Elisha Patmon explores the links between GDP and the economic curtails of violence and instability. The global economic impact of violence stands at a staggering $14.4 trillion, yet war and unrest are frequently driven by religion, class, territory, and revenge rather than genuine solutions. Conflict is manipulated as an art form by those who seek power, leading to insurgencies and civil wars that ultimately spiral out of control.


Date

05 Mar 2025