Thursday, July 28, 2005

Oil and Blood - New York Times




OP-ED COLUMNIST
Oil and Blood
By BOB HERBERT
Published: July 28, 2005
It is now generally understood that the U.S.-led war in Iraq has become a debacle. Nevertheless, Iraqis are supposed to have their constitution ratified and a permanent government elected by the end of the year. It's a logical escape hatch for George W. Bush. He could declare victory, as a senator once suggested to Lyndon Johnson in the early years of Vietnam, and bring the troops home as quickly as possible.
His mantra would be: There's a government in place. We won. We're out of there.
But don't count on it. The Bush administration has no plans to bring the troops home from this misguided war, which has taken a fearful toll in lives and injuries while at the same time weakening the military, damaging the international reputation of the United States, serving as a world-class recruiting tool for terrorist groups and blowing a hole the size of Baghdad in Washington's budget.
A wiser leader would begin to cut some of these losses. But the whole point of this war, it seems, was to establish a long-term military presence in Iraq to ensure American domination of the Middle East and its precious oil reserves, which have been described, the author Daniel Yergin tells us, as "the greatest single prize in all history."
You can run through all the wildly varying rationales for this war: the weapons of mass destruction (that were never found), the need to remove the unmitigated evil of Saddam (whom we had once cozied up to), the connection to Al Qaeda (which was bogus), and one of President Bush's favorites, the need to fight the terrorists "over there" so we won't have to fight them here at home.
All the rationales have to genuflect before "The Prize," which was the title of Mr. Yergin's Pulitzer-Prize-winning book.
It's the oil, stupid.
What has so often gotten lost in all the talk about terror and weapons of mass destruction is the fact that for so many of the most influential members of the Bush administration, the obsessive desire to invade Iraq preceded the Sept. 11 attacks. It preceded the Bush administration. The neoconservatives were beating the war drums on Iraq as far back as the late 1990's.
Iraq was supposed to be a first step. Iran was also in the neoconservatives' sights. The neocons envisaged U.S. control of the region (and its oil), to be followed inevitably by the realization of their ultimate dream, a global American empire. Of course it sounds like madness, which is why we should have been paying closer attention from the beginning.
The madness took a Dr. Strangelovian turn in the summer of 2002, before the war with Iraq was launched. As The Washington Post first reported, an influential Pentagon advisory board was given a briefing prepared by a Rand Corporation analyst who said the U.S. should consider seizing the oil fields and financial assets of Saudi Arabia if it did not stop its support of terrorism.
Mercifully the briefing went nowhere. Defense Secretary Donald Rumsfeld said it did not represent the "dominant opinion" within the administration.
The point here is that the invasion of Iraq was part of a much larger, long-term policy that had to do with the U.S. imposing its will, militarily when necessary, throughout the Middle East and beyond. The war has gone badly, and the viciousness of the Iraq insurgency has put the torch to the idea of further pre-emptive adventures by the Bush administration.
But dreams of empire die hard. American G.I.'s are dug into Iraq, and the bases have been built for a long stay. The war may be going badly, but the primary consideration is that there is still a tremendous amount of oil at stake, the second-largest reserves on the planet. And neocon fantasies aside, the global competition for the planet's finite oil reserves intensifies by the hour.
Lyndon Johnson ignored the unsolicited advice of Senator George Aiken of Vermont - to declare victory in Vietnam in 1966. The war continued for nearly a decade. Many high-level government figures believe that U.S. troops will be in Iraq for a minimum of 5 more years, and perhaps 10.
That should be understood by the people who think that the formation of a permanent Iraqi government will lead to the withdrawal of American troops. There is no real withdrawal plan. The fighting and the dying will continue indefinitely.


Thursday, July 07, 2005

Do Tax Cuts for the Wealthy Stimulate Employment? - New York Times

THE centerpiece of the Bush administration's economic policy has been large federal income tax cuts aimed mainly at top earners. These tax cuts account for much of the $2 trillion increase in the national debt projected to occur during the Bush presidency. They prompted a large group of Nobel laureates in economics to issue a statement last year condemning the administration's "reckless and extreme course that endangers the long-term economic health of our nation."

The question of whether to make the tax cuts permanent is still on the Congressional agenda. So it is an opportune moment to examine the president's argument in support of them.

Mr. Bush never pretended that the tax cuts were needed to make life more comfortable for the well to do. After all, with the bulk of all pretax income gains having gone to top earners in recent years, this group has prospered as never before.

Rather, the president portrayed his tax cuts as the linchpin of his economic stimulus package. He argued that because most new jobs are created by small businesses, tax cuts to the owners of those businesses would stimulate robust employment growth. His policy thus rests implicitly on the premise that if business owners could afford to hire additional workers, they would. But whether owners can afford to hire is not the issue. What matters is whether hiring will increase their profits.

The basic hiring criterion, found in every introductory textbook (including those written by the president's own economic advisers), is straightforward: If the output of additional workers can be sold for at least enough to cover their salaries, they should be hired; otherwise not. If this criterion is met, hiring extra workers makes economic sense, no matter how poor a business owner might be. Conversely, if the criterion is not satisfied, hiring makes no economic sense, even for billionaire owners. The after-tax personal incomes of business owners are irrelevant for hiring decisions.

The president's defenders might respond that business owners often need money up front to cover the hiring and training costs incurred before new workers can effectively contribute to extra production. The tax cuts put that money in their pockets. That is true but does nothing to alter the basic hiring rule.

Owners who used their tax cuts to finance the initial costs of new hiring would be acting, in effect, as their own bankers, lending money to themselves in the hope of future returns. The test for whether such internal loans make economic sense is exactly the same as the test for external loans.

A loan from a bank makes sense if the firm's ultimate gain from hiring extra workers is enough to cover not only their salaries but also repayment of the loan plus interest. Internal loans must meet the same standard. They are justified only if the firm's gain from hiring extra workers is enough to cover their salaries and repayment of the loan, including the interest that owners could have earned had they left their tax cuts in the bank. In hiring decisions, the implicit costs of internal loans have exactly the same economic standing as the explicit costs of external loans.

In brief, the president's claim that tax cuts to the owners of small businesses will stimulate them to hire more workers flies in the face of bedrock principles outlined in every introductory economics textbook.

A second way the Bush tax cuts might have stimulated employment is by inducing the wealthy to spend more on consumption. But a large share of the tax windfalls received by the wealthy are not spent in the short run. And even among those who are induced to spend more, the main effect is not increased demand for domestically produced goods and services, but rather increased bidding for choice oceanfront property and longer waiting lists for the new Porsche Carrera GT. Such spending does little to stimulate domestic employment.

Had the dollars required to finance the president's tax cuts been used in other ways, they would have made a real difference. Larger tax cuts for middle- and low-income families, for example, would have stimulated immediate new spending because the savings rates for most of these families are low. And their additional spending would have been largely for products made by domestic businesses - which would have led, in turn, to increased employment.

Grants to cash-starved state and local governments would have prevented layoffs of thousands of teachers and police officers. And many useful jobs could have been created directly. For instance, people could have been hired to scrutinize the cargo containers that currently enter the nation's ports uninspected.

Economists from both sides of the political aisle argued from the beginning that tax cuts for the wealthy made no sense as a policy for stimulating new jobs. And experience has proved them right. Total private employment was actually lower in January 2005 than in January 2001, the first time since the Great Depression that employment has fallen during a president's term of office.


Robert H. Frank, an economist at the Johnson Graduate School of Management at Cornell University, is the author of "Luxury Fever."

Wednesday, July 06, 2005

The New York Review of Books: The New World Order

I have included this essay by Tony Judt because it caused me unprecedented grief. We are watching our Republic being taken over by the twin riders of despotism: religion and militarism. The constraints of religious belief are being sold to us under the guise of freedom to exercise any religion, and the blind conformity of militarism as the supreme form of patriotism. And this is happening on our watch, to increasingly hollow-sounding huzzahs and traditional, beloved patriotic songs. Remember the film Cabaret, that sequence showing the pristine, angelic face of a blond teenager singing longingly of his homeland while the melody slowly morphs into a thumping, syncopated, and deafening Prussian march? These are thoughts for the Fourth of July.
The New York Review of Books: The New World Order

Monday, July 04, 2005

The end of war? by Greg Easterbrook

Daily explosions in Iraq, massacres in Sudan, the Koreas staring at each other through artillery barrels, a Hobbesian war of all against all in eastern Congo--combat plagues human society as it has, perhaps, since our distant forebears realized that a tree limb could be used as a club. But here is something you would never guess from watching the news: War has entered a cycle of decline. Combat in Iraq and in a few other places is an exception to a significant global trend that has gone nearly unnoticed--namely that, for about 15 years, there have been steadily fewer armed conflicts worldwide. In fact, it is possible that a person's chance of dying because of war has, in the last decade or more, become the lowest in human history.

Five years ago, two academics--Monty Marshall, research director at the Center for Global Policy at George Mason University, and Ted Robert Gurr, a professor of government at the University of Maryland--spent months compiling all available data on the frequency and death toll of twentieth-century combat, expecting to find an ever-worsening ledger of blood and destruction. Instead, they found, after the terrible years of World Wars I and II, a global increase in war from the 1960s through the mid-'80s. But this was followed by a steady, nearly uninterrupted decline beginning in 1991. They also found a steady global rise since the mid-'80s in factors that reduce armed conflict--economic prosperity, free elections, stable central governments, better communication, more "peacemaking institutions," and increased international engagement. Marshall and Gurr, along with Deepa Khosla, published their results as a 2001 report, Peace and Conflict, for the Center for International Development and Conflict Management at the University of Maryland. At the time, I remember reading that report and thinking, "Wow, this is one of the hottest things I have ever held in my hands." I expected that evidence of a decline in war would trigger a sensation. Instead it received almost no notice.

"After the first report came out, we wanted to brief some United Nations officials, but everyone at the United Nations just laughed at us. They could not believe war was declining, because this went against political expectations," Marshall says. Of course, 2001 was the year of September 11. But, despite the battles in Afghanistan, the Philippines, and elsewhere that were ignited by Islamist terrorism and the West's response, a second edition of Peace and Conflict, published in 2003, showed the total number of wars and armed conflicts continued to decline. A third edition of the study, published last week, shows that, despite the invasion of Iraq and other outbreaks of fighting, the overall decline of war continues. This even as the global population keeps rising, which might be expected to lead to more war, not less.

In his prescient 1989 book, Retreat from Doomsday, Ohio State University political scientist John Mueller, in addition to predicting that the Soviet Union was about to collapse--the Berlin Wall fell just after the book was published--declared that great-nation war had become "obsolete" and might never occur again. One reason the Soviet Union was about to collapse, Mueller wrote, was that its leaders had structured Soviet society around the eighteenth-century assumption of endless great-power fighting, but great-power war had become archaic, and no society with war as its organizing principle can endure any longer. So far, this theory has been right on the money. It is worth noting that the first emerging great power of the new century, China, though prone to making threatening statements about Taiwan, spends relatively little on its military.

Last year Mueller published a follow-up book, The Remnants of War, which argues that fighting below the level of great-power conflict--small-state wars, civil wars, ethnic combat, and clashes among private armies--is also waning. Retreat from Doomsday and The Remnants of War are brilliantly original and urgent books. Combat is not an inevitable result of international discord and human malevolence, Mueller believes. War, rather, is "merely an idea"-- and a really bad idea, like dueling or slavery. This bad idea "has been grafted onto human existence" and can be excised. Yes, the end of war has been predicted before, prominently by H.G. Wells in 1915, and horrible bloodshed followed. But could the predictions be right this time?

First, the numbers. The University of Maryland studies find the number of wars and armed conflicts worldwide peaked in 1991 at 51, which may represent the most wars happening simultaneously at any point in history. Since 1991, the number has fallen steadily. There were 26 armed conflicts in 2000 and 25 in 2002, even after the Al Qaeda attack on the United States and the U.S. counterattack against Afghanistan. By 2004, Marshall and Gurr's latest study shows, the number of armed conflicts in the world had declined to 20, even after the invasion of Iraq. All told, there were less than half as many wars in 2004 as there were in 1991.

Marshall and Gurr also have a second ranking, gauging the magnitude of fighting. This section of the report is more subjective. Everyone agrees that the worst moment for human conflict was World War II; but how to rank, say, the current separatist fighting in Indonesia versus, say, the Algerian war of independence is more speculative. Nevertheless, the Peace and Conflict studies name 1991 as the peak post-World War II year for totality of global fighting, giving that year a ranking of 179 on a scale that rates the extent and destructiveness of combat. By 2000, in spite of war in the Balkans and genocide in Rwanda, the number had fallen to 97; by 2002 to 81; and, at the end of 2004, it stood at 65. This suggests the extent and intensity of global combat is now less than half what it was 15 years ago.

How can war be in such decline when evening newscasts are filled with images of carnage? One reason fighting seems to be everywhere is that, with the ubiquity of 24-hour cable news and the Internet, we see many more images of conflict than before. As recently as two decades ago, the rebellion in Eritrea occurred with almost no world notice; the tirelessly globe-trotting Robert Kaplan wrote of meeting with Eritrean rebels who told him they hoped that at least spy satellites were trained on their region so that someone, somewhere, would know of their struggle. Today, fighting in Iraq, Sudan, and other places is elaborately reported on, with a wealth of visual details supplied by minicams and even camera-enabled cell phones. News organizations must prominently report fighting, of course. But the fact that we now see so many visuals of combat and conflict creates the impression that these problems are increasing: Actually, it is the reporting of the problems that is increasing, while the problems themselves are in decline. Television, especially, likes to emphasize war because pictures of fighting, soldiers, and military hardware are inherently more compelling to viewers than images of, say, water-purification projects. Reports of violence and destruction are rarely balanced with reports about the overwhelming majority of the Earth's population not being harmed.

Mueller calculates that about 200 million people were killed in the twentieth century by warfare, other violent conflicts, and government actions associated with war, such as the Holocaust. About twelve billion people lived during that century, meaning that a person of the twentieth century had a 1 to 2 percent chance of dying as the result of international war, ethnic fighting, or government-run genocide. A 1 to 2 percent chance, Mueller notes, is also an American's lifetime chance of dying in an automobile accident. The risk varies depending on where you live and who you are, of course; Mueller notes that, during the twentieth century, Armenians, Cambodians, Jews, kulaks, and some others had a far higher chance of death by war or government persecution than the global average. Yet, with war now in decline, for the moment men and women worldwide stand in more danger from cars and highways than from war and combat. World Health Organization statistics back this: In 2000, for example, 300,000 people died in combat or for war-related reasons (such as disease or malnutrition caused by war), while 1.2 million worldwide died in traffic accidents. That 300,000 people perished because of war in 2000 is a terrible toll, but it represents just .005 percent of those alive in that year.

This low global risk of death from war probably differs greatly from most of the world's past. In prehistory, tribal and small-group violence may have been endemic. Steven LeBlanc, a Harvard University archeologist, asserts in his 2003 book about the human past, Constant Battles, that warfare was a steady feature of primordial society. LeBlanc notes that, when the aboriginal societies of New Guinea were first observed by Europeans in the 1930s, one male in four died by violence; traditional New Guinean society was organized around endless tribal combat. Unremitting warfare characterized much of the history of Europe, the Middle East, and other regions; perhaps one-fifth of the German population died during the Thirty Years War, for instance. Now the world is in a period in which less than one ten-thousandth of its population dies from fighting in a year. The sheer number of people who are not being harmed by warfare is without precedent.


Next consider a wonderful fact: Global military spending is also in decline. Stated in current dollars, annual global military spending peaked in 1985, at $1.3 trillion, and has been falling since, to slightly over $1 trillion in 2004, according to the Center for Defense Information, a nonpartisan Washington research organization. Since the global population has risen by one-fifth during this period, military spending might have been expected to rise. Instead, relative to population growth, military spending has declined by a full third. In current dollars, the world spent $260 per capita on arms in 1985 and $167 in 2004.

The striking decline in global military spending has also received no attention from the press, which continues to promote the notion of a world staggering under the weight of instruments of destruction. Only a few nations, most prominently the United States, have increased their defense spending in the last decade. Today, the United States accounts for 44 percent of world military spending; if current trends continue, with many nations reducing defense spending while the United States continues to increase such spending as its military is restructured for new global anti-terrorism and peacekeeping roles, it is not out of the question that, in the future, the United States will spend more on arms and soldiers than the rest of the world combined.

Declining global military spending is exactly what one would expect to find if war itself were in decline. The peak year in global military spending came only shortly before the peak year for wars, 1991. There's an obvious chicken-or-egg question, whether military spending has fallen because wars are rarer or whether wars are rarer because military spending has fallen. Either way, both trend lines point in the right direction. This is an extremely favorable development, particularly for the world's poor--the less developing nations squander on arms, the more they can invest in improving daily lives of their citizens.

What is causing war to decline? The most powerful factor must be the end of the cold war, which has both lowered international tensions and withdrawn U.S. and Soviet support from proxy armies in the developing world. Fighting in poor nations is sustained by outside supplies of arms. To be sure, there remain significant stocks of small arms in the developing world--particularly millions of assault rifles. But, with international arms shipments waning and heavy weapons, such as artillery, becoming harder to obtain in many developing nations, factions in developing-world conflicts are more likely to sue for peace. For example, the long, violent conflict in Angola was sustained by a weird mix of Soviet, American, Cuban, and South African arms shipments to a potpourri of factions. When all these nations stopped supplying arms to the Angolan combatants, the leaders of the factions grudgingly came to the conference table.

During the cold war, Marshall notes, it was common for Westerners to say there was peace because no fighting affected the West. Actually, global conflict rose steadily during the cold war, but could be observed only in the developing world. After the cold war ended, many in the West wrung their hands about a supposed outbreak of "disorder" and ethnic hostilities. Actually, both problems went into decline following the cold war, but only then began to be noticed in the West, with confrontation with the Soviet empire no longer an issue.

Another reason for less war is the rise of peacekeeping. The world spends more every year on peacekeeping, and peacekeeping is turning out to be an excellent investment. Many thousands of U.N., nato, American, and other soldiers and peacekeeping units now walk the streets in troubled parts of the world, at a cost of at least $3 billion annually. Peacekeeping has not been without its problems; peacekeepers have been accused of paying very young girls for sex in Bosnia and Africa, and nato bears collective shame for refusing support to the Dutch peacekeeping unit that might have prevented the Srebrenica massacre of 1995. But, overall, peacekeeping is working. Dollar for dollar, it is far more effective at preventing fighting than purchasing complex weapons systems. A recent study from the notoriously gloomy rand Corporation found that most U.N. peacekeeping efforts have been successful.

Peacekeeping is just one way in which the United Nations has made a significant contribution to the decline of war. American commentators love to disparage the organization in that big cereal-box building on the East River, and, of course, the United Nations has manifold faults. Yet we should not lose track of the fact that the global security system envisioned by the U.N. charter appears to be taking effect. Great-power military tensions are at the lowest level in centuries; wealthy nations are increasingly pressured by international diplomacy not to encourage war by client states; and much of the world respects U.N. guidance. Related to this, the rise in "international engagement," or the involvement of the world community in local disputes, increasingly mitigates against war.

The spread of democracy has made another significant contribution to the decline of war. In 1975, only one-third of the world's nations held true multiparty elections; today two-thirds do, and the proportion continues to rise. In the last two decades, some 80 countries have joined the democratic column, while hardly any moved in the opposite direction. Increasingly, developing-world leaders observe the simple fact that the free nations are the strongest and richest ones, and this creates a powerful argument for the expansion of freedom. Theorists at least as far back as Immanuel Kant have posited that democratic societies would be much less likely to make war than other kinds of states. So far, this has proved true: Democracy-against-democracy fighting has been extremely rare. Prosperity and democracy tend to be mutually reinforcing. Now prosperity is rising in most of the world, amplifying the trend toward freedom. As ever-more nations become democracies, ever-less war can be expected, which is exactly what is being observed.

For the great-power nations, the arrival of nuclear deterrence is an obvious factor in the decline of war. The atomic bomb debuted in 1945, and the last great-power fighting, between the United States and China, concluded not long after, in 1953. From 1871 to 1914, Europe enjoyed nearly half a century without war; the current 52-year great-power peace is the longest period without great-power war since the modern state system emerged. Of course, it is possible that nuclear deterrence will backfire and lead to a conflagration beyond imagination in its horrors. But, even at the height of the cold war, the United States and the Soviet Union never seriously contemplated a nuclear exchange. If it didn't happen then, it seems unlikely for the future.

In turn, lack of war among great nations sets an example for the developing world. When the leading nations routinely attacked neighbors or rivals, governments of emerging states dreamed of the day when they, too, could issue orders to armies of conquest. Now that the leading nations rarely use military force--and instead emphasize economic competition--developing countries imitate that model. This makes the global economy more turbulent, but reduces war.

In The Remnants of War, Mueller argues that most fighting in the world today happens because many developing nations lack "capable government" that can contain ethnic conflict or prevent terrorist groups, militias, and criminal gangs from operating. Through around 1500, he reminds us, Europe, too, lacked capable government: Criminal gangs and private armies roamed the countryside. As European governments became competent, and as police and courts grew more respected, legitimate government gradually vanquished thug elements from most of European life. Mueller thinks this same progression of events is beginning in much of the developing world. Government and civil institutions in India, for example, are becoming more professional and less corrupt--one reason why that highly populous nation is not falling apart, as so many predicted it would. Interstate war is in substantial decline; if civil wars, ethnic strife, and private army fighting also go into decline, war may be ungrafted from the human experience.

Is it possible to believe that war is declining, owing to the spread of enlightenment? This seems the riskiest claim. Human nature has let us down many times before. Some have argued that militarism as a philosophy was destroyed in World War II, when the states that were utterly dedicated to martial organization and violent conquest were not only beaten but reduced to rubble by free nations that initially wanted no part of the fight. World War II did represent the triumph of freedom over militarism. But memories are short: It is unrealistic to suppose that no nation will ever be seduced by militarism again.

Yet the last half-century has seen an increase in great nations acting in an enlightened manner toward one another. Prior to this period, the losing sides in wars were usually punished; consider the Versailles Treaty, whose punitive terms helped set in motion the Nazi takeover of Germany. After World War II, the victors did not punish Germany and Japan, which made reasonably smooth returns to prosperity and acceptance by the family of nations. Following the end of the cold war, the losers--the former Soviet Union and China--have seen their national conditions improve, if fitfully; their reentry into the family of nations has gone reasonably well and has been encouraged, if not actively aided, by their former adversaries. Not punishing the vanquished should diminish the odds of future war, since there are no generations who suffer from the victor's terms, become bitter, and want vengeance.

Antiwar sentiment is only about a century old in Western culture, and Mueller thinks its rise has not been given sufficient due. As recently as the Civil War in the United States and World War I in Europe, it was common to view war as inevitable and to be fatalistic about the power of government to order men to march to their deaths. A spooky number of thinkers even adulated war as a desirable condition. Kant, who loved democracy, nevertheless wrote that war is "sublime" and that "prolonged peace favors the predominance of a mere commercial spirit, and with it a debasing self-interest, cowardice and effeminacy." Alexis De Tocqueville said that war "enlarges the mind of a people." Igor Stravinsky called war "necessary for human progress." In 1895, Oliver Wendell Holmes Jr. told the graduating class of Harvard that one of the highest expressions of honor was "the faith ... which leads a soldier to throw away his life in obedience to a blindly accepted duty."

Around the turn of the twentieth century, a counter-view arose--that war is usually absurd. One of the bestselling books of late-nineteenth-century Europe, Lay Down Your Arms!, was an antiwar novel. Organized draft resistance in the United Kingdom during World War I was a new force in European politics. England slept during the '30s in part because public antiwar sentiment was intense. By the time the U.S. government abolished the draft at the end of the Vietnam War, there was strong feeling in the United States that families would no longer tolerate being compelled to give up their children for war. Today, that feeling has spread even to Russia, such a short time ago a totalitarian, militaristic state. As average family size has decreased across the Western world, families have invested more in each child; this should discourage militarism. Family size has started to decrease in the developing world, too, so the same dynamic may take effect in poor nations.

There is even a chance that the ascent of economics to its pinnacle position in modern life reduces war. Nations interconnected by trade may be less willing to fight each other: If China and the United States ever fought, both nations might see their economies collapse. It is true that, in the decades leading up to World War I, some thought rising trade would prevent war. But today's circumstances are very different from those of the fin de siècle. Before World War I, great powers still maintained the grand illusion that there could be war without general devastation; World Wars I and II were started by governments that thought they could come out ahead by fighting. Today, no major government appears to believe that war is the best path to nationalistic or monetary profit; trade seems much more promising.

The late economist Julian Simon proposed that, in a knowledge-based economy, people and their brainpower are more important than physical resources, and thus the lives of a country's citizens are worth more than any object that might be seized in war. Simon's was a highly optimistic view--he assumed governments are grounded in reason--and yet there is a chance this vision will be realized. Already, most Western nations have achieved a condition in which citizens' lives possess greater economic value than any place or thing an army might gain by combat. As knowledge-based economics spreads throughout the world, physical resources may mean steadily less, while life means steadily more. That's, well, enlightenment.

In his 1993 book, A History of Warfare, the military historian John Keegan recognized the early signs that combat and armed conflict had entered a cycle of decline. War "may well be ceasing to commend itself to human beings as a desirable or productive, let alone rational, means of reconciling their discontents," Keegan wrote. Now there are 15 years of positive developments supporting the idea. Fifteen years is not all that long. Many things could still go badly wrong; there could be ghastly surprises in store. But, for the moment, the trends have never been more auspicious: Swords really are being beaten into plowshares and spears into pruning hooks. The world ought to take notice.