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From the Cold War bomber gap to the Iraq WMD fraud to Golden Dome, America’s permanent war economy has spent 80 years converting real geopolitical conflicts into manufactured existential threats — and turning fear into profit.
The Iran war follows the same playbook: no confirmed nuclear weapon, no IAEA finding of a bomb program, no U.S. intelligence assessment authorizing one — but billions in new contracts, spiking defense stocks, and a president whose portfolio was moving through Palantir, Nvidia, and Broadcom while praising their “war-fighting capabilities.”
This isn’t about Iran’s human rights or a nuclear threat. It’s about contractors, client states, oil markets, and an imperial order that needs permanent danger to survive.
Jay says we must take up the recommendations of the 1934 Senate Nye Committee: take profit out of war.
By Paul Jay4.8
117117 ratings
From the Cold War bomber gap to the Iraq WMD fraud to Golden Dome, America’s permanent war economy has spent 80 years converting real geopolitical conflicts into manufactured existential threats — and turning fear into profit.
The Iran war follows the same playbook: no confirmed nuclear weapon, no IAEA finding of a bomb program, no U.S. intelligence assessment authorizing one — but billions in new contracts, spiking defense stocks, and a president whose portfolio was moving through Palantir, Nvidia, and Broadcom while praising their “war-fighting capabilities.”
This isn’t about Iran’s human rights or a nuclear threat. It’s about contractors, client states, oil markets, and an imperial order that needs permanent danger to survive.
Jay says we must take up the recommendations of the 1934 Senate Nye Committee: take profit out of war.

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