IT GOES DEEPER · THE ARCHIVE · MONEY & POWER · CASE 3747-06

War Is a Racket

FILE DATE 1935
CROSS-REFS 02
STATUS NEVER CLOSED

SUMMARY

Butler's arithmetic: who died, who paid, who profited. The margins never changed.

FULL DOSSIER

There's a little book — barely more than a pamphlet, about 50 pages — that has quietly haunted American politics for nearly a century. It was written in 1935 by the most decorated Marine of his generation. And its opening lines hit like a slap: 'War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious.' That book is 'War Is a Racket,' and it's DOCUMENTED, real, and still in print. Its author was Smedley Butler, the two-time Medal of Honor Marine you'll find one node over. The book grew out of a speech he delivered over and over across the country in the early 1930s, and it is the anchor text of the entire military-profit critique. So what does it actually say? Butler's argument is blunt and concrete. He defines a racket as 'something that is not what it seems to the majority of the people.' War, he says, is conducted for the benefit of a very few at the expense of the very many. And then he does something that makes the book hard to dismiss: he names numbers. He cites companies whose profits, he claimed, soared during World War I — steelmakers, gunpowder and munitions firms, chemical companies — arguing their wartime earnings dwarfed their peacetime baseline. Whether every figure is precise or not, the pattern he's pointing at is the point. Here's the part most people don't know: Butler's proposed solutions were as radical as his diagnosis. He argued for three things. First, 'take the profit out of war' — conscript capital and industry the same way you conscript young men, and cap wartime earnings. Second, let the people who actually fight the wars decide whether they happen — a 'limited plebiscite' of those eligible to be sent into combat. Third, strictly limit militaries to genuine home defense. He wanted, in his words, to 'smash this racket.' And here's the famous confession at its core, which flows straight from the man himself: 'I spent 33 years and four months in active military service... And during that period I spent most of my time being a high-class muscle man for Big Business, for Wall Street and for the bankers. In short, I was a racketeer, a gangster for capitalism.' DOCUMENTED. His words. Now, a note on honesty. The book is polemic, not peer-reviewed history — Butler was arguing a case, not writing a balanced ledger, and some of his specific numbers have been debated. But its central claim, that war and profit are deeply entangled, isn't a fringe idea. It's the seed of a debate that runs all the way to a President's farewell warning about the 'military-industrial complex' decades later. On the map of 'It Goes Deeper,' War Is a Racket sits between the man who wrote it, Smedley Butler, and the sprawling, documented-but-contested territory of the war profiteers — the companies and banks that, then and now, have made money on all sides of the fight.

SOURCES ON RECORD

01Smedley D. Butler, 'War Is a Racket' (Round Table Press, 1935; widely reprinted, e.g., Feral House 2003). Butler's related 1933 speech text ('War is just a racket'), published in the socialist magazine Common Sense, 1935. Hans Schmidt, 'Maverick Marine' (1987).

LINKED SOURCES

↗ Library of Congress catalog search: War Is a Racket↗ Library of Congress: Smedley Butler

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