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What chance does peace have? Why does Australia want to become a major manufacturer and exporter of weapons?

The resolution adopted by the General Assembly of the United Nations on 4 December 2017 re The Arms Trade Treaty includes the following:

… that disarmament, arms control and non-proliferation are essential for the maintenance of international peace and security,

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………The total value of the global arms market is estimated to be around $60 billion a year, with about $8 billion attributed to pistols, rifles, machine guns, and bullets. The total illegal arms trade is harder to estimate, but the illicit small arms market has been estimated at up to 20% of the total global arms trade.

The world’s largest exporter of arms is the USA, followed by Russia, China and France. The world’s largest importer of arms is India, followed by Saudi Arabia, China and the United Arab Emirates.

In a world ruled by greed and highly vulnerable to corruption, what chance does peace have?

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