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Published online by Cambridge University Press: 06 September 2018
Every gun that is made, every warship launched, every rocket fired, signifies in the final sense a theft from those who hunger and are not fed. those who are cold and are not clothed.
— President Dwight D. Eisenhower April 16, 1953Often ignored in the flurry of contradictory facts and figures, charges and countercharges about the nuclear arms race between the U.S. and the USSR and the conventional arms race between NATO and the Warsaw Pact is the degree to which Third World nations have been building large and increasingly potent armed forces. During the 1970s, Third World nations—some 130 of the world's 161 nations—spent more than $800 billion on military forces and munitions.