What Threat, China? - Kel Kelly - Mises Daily

What Threat, China? - Kel Kelly - Mises Daily: "A powerful military can come only from a powerful economy. Countries that have little capital and little ability to produce factories, tools, machines, and consumer goods likewise have little ability to produce tanks, missiles, fighter jets, and satellite systems. The lesson for the United States in this case is that we need to do everything possible to promote capital accumulation and increased labor productivity.

But even that consideration misses the real issue at hand. Military threats come only from political leaders, not from individual citizens. Thus, centrally controlled nation-state structures are the problem."