The quote suggests that relying on market principles to manage national defense would result in inadequate protection for a country. Essentially, it implies that treating military preparedness and security as commodities to be bought and sold in a competitive marketplace could lead to significant shortcomings in safeguarding the nation.
On a deeper level, this statement critiques the idea of applying economic efficiency standards to areas traditionally handled by government regulation and public service provision. It argues that defense is not just another product or service but a critical aspect of sovereignty and national security. The market approach often prioritizes cost-effectiveness and profit maximization, which can undermine the comprehensive and robust measures required for military readiness. Moreover, it suggests that such an approach might neglect certain strategic needs in favor of short-term gains, thereby compromising long-term safety and stability.
Timothy Noah is a well-known American journalist and author who has written extensively on political and economic issues. His work frequently explores how policy decisions impact society, particularly through the lenses of economics and social justice. This quote reflects his broader concern about the potential drawbacks of privatizing or marketizing public services that traditionally fall under government responsibility.