Skip to main content

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

Corporate gatekeepers and big tech monopolists are making it more difficult than ever for independent media to survive. Please chip in today.

F-22

More than $1.2 billion worth of Lockheed Martin F-22 Raptor fighter jets fly in formation above Indiana. (Photo: Col. Hiram Gates/USAF)

Demanding 'Global Peace Dividend,' Nobel Laureates Call for 2% Cut in World's Military Spending

"We propose that half of the resources freed up by this agreement are allocated to a global fund, under U.N. supervision, to address humanity’s grave common problems: pandemics, climate change, and extreme poverty."

Brett Wilkins

In a move they say will save $1 trillion over five years "to fight planetary emergencies" like "pandemics, climate change, and extreme poverty," a group of over 50 Nobel laureates this week published an open letter calling on countries to generate a "global peace dividend" by reducing their military spending by 2%.

"Humankind faces risks that can only be averted through cooperation. Let us cooperate, instead of fighting among ourselves."

"World military spending has doubled since 2000. It is approaching $2 trillion U.S. dollars per year, and is increasing in all regions of the world," the letter—which is being coordinated by physicists Carlo Rovelli and Matteo Smerlak—states.

"Individual governments are under pressure to increase military spending because others do so," the signers continue. "The feedback mechanism sustains a spiraling arms race—a colossal waste of resources that could be used far more wisely."

The letter's signatories include mostly Nobel science and medicine laureates, as well as a handful of winners in the peace, economics, and literature categories. The heads of several national academies also signed, and Tibetan spiritual leader and Nobel Peace Prize winner the Dalai Lama expressed his "appreciation and support" for the initiative.

"Past arms races have often had the same outcome: deadly and destructive conflicts," the signers note. "We have a simple proposal for humankind: The governments of all U.N. member-states should negotiate a joint reduction of their military expenditure by 2% every year for five years."

"We propose that half of the resources freed up by this agreement are allocated to a global fund, under U.N. supervision, to address humanity's grave common problems: pandemics, climate change, and extreme poverty."

"The other half remains at the disposal of individual governments," the signers explain. "All countries will therefore have significant new resources. Some of these can be used to redirect the strong research capacities of military industries towards urgently needed peaceful applications."

"History shows that agreements to limit the proliferation of weapons are achievable: thanks to the SALT and START [Strategic Arms Limitation Talks and Strategic Arms Reduction] treaties, the United States and the Soviet Union have reduced their nuclear arsenals by 90% since the 1980s," the letter states—its only reference to specific countries.

With a military budget of $778 billion, the United States spends more annually on its armed forces than the next 11 nations combined, according to the Stockholm International Peace Research Institute. The U.S. is followed by China ($252 billion), India ($72.9 billion), Russia ($61.7 billion), and the United Kingdom ($59.2 billion)—all of which increased their military spending in 2020.

"Such negotiations can succeed because they are rational: each actor benefits from its adversaries' armaments reduction, and so does humanity as a whole," the letter's signatories assert. "Humankind faces risks that can only be averted through cooperation. Let us cooperate, instead of fighting among ourselves."


Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.

Analysis: 26 US Billionaires Paid Average Tax Rate of Just 4.8% in Recent Years

"When you include their untaxed wealth growth in the calculation, many billionaires pay almost nothing," said Frank Clemente of Americans for Tax Fairness.

Jake Johnson ·


'We Were Expecting This,' Says Family After Israel Says No Criminal Probe Into Killing of Shireen Abu Akleh

The development came as leading international artists called for "meaningful measures to ensure accountability for the killing of Shireen Abu Akleh and all other Palestinian civilians."

Andrea Germanos ·


'I Simply Cannot Stand By': Jayapal Endorses Cisneros Against Anti-Abortion Incumbent Cuellar

"At a time when our reproductive freedoms are under attack by an extremist Supreme Court, we must elect pro-choice candidates that will fight to make sure abortion remains the law of the land."

Jake Johnson ·


Progressives Condemn DCCC Chair for 'Disgraceful' Self-Dealing in NY Primary Debacle

Sunrise NYC denounced Rep. Sean Patrick Maloney's plan to run against progressive Rep. Mondaire Jones "and potentially sacrifice the Democratic majority in the House of Representatives in the process."

Kenny Stancil ·


In Telling Slip, George W. Bush Condemns the 'Unjustified and Brutal Invasion of Iraq'

"It's hard to get past the nihilistic evil of killing hundreds of thousands, making millions into refugees, and turning it into stand-up to defuse the awkwardness of your hypocrisy," responded one journalist.

Jake Johnson ·

Common Dreams Logo