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It is only with the Korean conflict that war-making has made the transition from a profit center to a cost center column. All prior armed adventures had as their am an enhancement of the national balance sheet — whatever the pretext may have been offered by the war-mongers — whether in terms of specie or commercial advantage. Instead, this was a new breed of war, born perhaps solely out of richest-nation hubris, and aimed strictly at preserving a status quo on behalf of a client state and with no advantage contemplated for itself.

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