ELI5: Explain Like I'm 5

Military Keynesianism

Okay kiddo, let's talk about military keynesianism.

Imagine you have a toy store and you sell lots of toys to other kids. Sometimes, the other kids have lots of money, they can buy whatever toys they want and your store is doing great. But sometimes, the kids don't have much money to spend, so they can't buy as many toys and your store is not doing so well.

Now, let's imagine that the government is like a big toy store, but instead of selling toys, they spend money on different things like building schools, fixing roads, and giving people jobs. The government wants to make sure that everyone has enough money to buy the things they need and that the country is doing well.

But sometimes, the economy is not doing so well and people don't have enough money to spend, just like your toy store. That's where military keynesianism comes in.

Keynesianism is a fancy word for a theory about how the government can help the economy. It was named after a famous economist named John Maynard Keynes. The idea is that the government can spend money to stimulate the economy when things are not going so well.

When it comes to military keynesianism, the government uses military spending to help the economy. They spend a lot of money on the military to buy weapons, build bases, and pay soldiers. All of that government money helps create jobs and puts money into the economy.

So, the government is kind of like your toy store. They spend money on the military to help create jobs and give people money to spend, just like when other kids buy toys from your store. This helps the economy do better and makes sure that everyone can buy the things they need.

I hope that helps, kiddo!