What Money Can Buy

"Weapons are being treated like commercial articles, just like machine tools or automobiles," says Arthur Alexander of the Rand Corp. "They talk about quality, performance, price. Look at the catalogues." He was referring to the arms directories published for prospective buyers by half a dozen national governments. (The U.S., where sales catalogues from Sears to the Whole Earth are practically national icons, has none.) The most elaborate are put out by Britain and France. Both distribute slick omnibus arms compendia, Britain every year since 1969, France biannually since 1967, that the world's...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!