This data on the annual global cost of providing the following goods and services is slightly dated (from 1998... and may not be exactly accurate either, perhaps), but I don’t think the proportions would have changed drastically:
$780bn: Military spending in the world
$400bn: Narcotics drugs trade in the world
$105bn: Alcoholic drinks in Europe
.$50bn: Cigarettes in Europe
.$35bn: Business entertainment in Japan
.$17bn: Pet foods in Europe and the United States
.$13bn: Estimated cost of basic health and nutrition worldwide
.&12bn: Perfumes in Europe and the United States
.$12bn: Estimated cost of reproductive health for all women globally
.$11bn: Ice cream in Europe
..$9bn: Estimated cost of water/sanitation worldwide
..$8bn: Cosmetics in the United States
..$6bn: Cost of basic education for everyone in the world
One can also add that India's military spending is $16.73bn
...it is always good to be aware of such trivial absurdities of our times - even if one can't do much about them :(
Sunday, February 27, 2005
Global Priorities - where the money goes...
Posted by madhukar at Sunday, February 27, 2005
Labels: Capitalism, Globalisation, Suicide Economy
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