The Economic Value of Peace. Breaking Down the Cost of Global Violence

Published: April 1, 2021, 9:28 a.m.

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We often hear people say, \\u2018violence is never the answer\\u2019. Outside of defending yourself few people have any problem with that clich\\xe9. This is true on the scale of someone getting mugged to warring nations. However, the truth is that it\\u2019s much more significant that violence also has a high cost in resources, enough resources that it could have a massively negative effect on that nation\\u2019s economy.

What kind of resources are we talking about here? Up to 34% of Gross Domestic Product (GDP) in some countries and globally up to 10.5%. Especially considering that those are figures for western, industrialized nations with fully developed economies, that is a lot of money. Money that could be used for a ton of other, better things. Before we get into that though, let\\u2019s look at some of the ways that violence winds up costing everyone.\\xa0

First, think of war. Everyone knows that wars aren\\u2019t cheap and while we often think about how much war costs the loser, it isn\\u2019t exactly cheap for the winner either. Tanks, missiles, and training all cost money, sometimes millions of dollars each. Then there is the cost associated with assimilating new territory, taking down street signs, removing statues, and the extended military presence it takes to prevent resistance. Don\\u2019t worry, this is in no way meant as a sympathy piece for aggressors. The point is that even the winner loses.\\xa0

Beyond all of that, imagine a war that ends with no one getting occupied, borders return to what they were before hostilities began. There are still costs. When the soldiers come home, they are often physically injured, hampering their ability to make a living, at least without expensive medical care like prosthetics. Mentally, the issues are often even greater. Just the culture shock of going from civilian life to the rigid structure of the military and back can be significant. Having gone through combat, especially the violent house-to-house combat that many have seen since the invasion of Iraq in 2002, takes that culture shock and dials it up to 111. That can also result in a reduced ability to contribute and lots of money spent on therapy. Obviously, this hurts the individual\\u2019s ability to earn for himself but the ripple effects go far beyond that. His immediate family will suffer as will the local community and it also affects the nation\\u2019s productivity.\\xa0

That\\u2019s a quick overview of the many costs of war. But that\\u2019s just one kind of violence. There are many, many more. Muggings, riots, gang wars, domestic violence, child abuse, police brutality all feed into this. Every death, every injury in some way hurts everyone else through the effects that go through our communities. In the face of gang wars or riots, people will spend their money on defending themselves, not on donating to charities and research groups. And no one can blame them. Again, the point is that violence forces people to redirect their own resources to things that may be less productive but are more urgent in the here and now.\\xa0

Just think of all the great things we could be doing with all that money if it wasn\\u2019t getting spent dealing with the horrible aftereffects of violence. How many scholarships could we give? How much medical research could get done? How many addicts could get treated and kept off the streets?

How to get there? One thing that would help is to use something like TARTLE to get in touch with the people affected by violence to learn exactly how they are affected. What are the problems that they experience in their daily lives? What policies have they seen make a difference? With our global reach, TARTLE\\u2019s members could provide an extensive cross-section of all the various kinds of violence in a number of different contexts. That can help people learn how to make a real difference and get some of that money put towards things a little more productive than more tank shells.\\xa0

What\\u2019s your data worth? www.tartle.co

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