State Pensions Must Divest from Weapons Dealers
While governments buy weapons, market weapons to other governments, donate weapons to other governments, and bestow tax breaks on weapons dealers, there is another less-visible way in which public money sustains weapons dealing.
Public pension and retirement funds are invested, directly and indirectly, in weapons companies. Teachers and other public servants whose interests ought to lie with promoting human needs have their retirement security tied up with maintaining or enlarging the war industry.
It is immoral to invest people's future security, and the tax dollars of all, in profiting from future wars.
Our state must divest our public investments from weapons dealers and make transparent the permanence of that divestment.