Blog: Stark Evidence of US, British Naval Decline
"The re-emergence of what used to called "privateers" (Sir Francis Drake is the most famous example from history) is the latest sign of outsourcing or abandonment of traditional military functions by Western nations whose militaries have contracted to pinpoint-size in the wake of the growth of the modern welfare state.
Private security and private armies -- again, once known to history as "mercenaries," are another aspect of this trend."
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