Fact Sheet: Military vs. Social Spending: Warfare or Human Welfare
This fact sheet was compiled by Paul Burkholder in 2004 and is available as a PDF.
Excerpt
In 2003, the world spent more than $900 billion on its militaries, with the US contributing nearly 50% of the total. World military expenditure in one year is greater than would be required to fulfill the Millennium Development Goals in 11 years. If 10% of world military expenditure, or 20% of US military expenditure, were diverted yearly, the MDG could be fully funded.