Capital is the product of human energy and land … and time. The time-block is the reason that people must abstain from consumption, and save. Laboriously, these savings are invested in capital goods. We are further along the road to a high standard of living than India or China because we and our ancestors have saved and invested in capital goods, building up a great structure of capital. India and China, too, could achieve our living standards aft er years of saving and investment.
Murray N. Rothbard
Economic Controversies, p. 577
https://www.youtube.com/watch?v=Wwqph7MwUdQ In war, State power is pushed to its ultimate, and, under the slogans of “defense” and “emergency,” it can impose a tyranny upon the public such as might be openly resisted in time of peace. War thus provides many benefits...