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> No the transfer of defense spending to social spending was an explicit policy in the 80s/90s, that was refered at the time as "the peace dividends".

The idea of "Peace dividend" at no point implied a dichotomy between social spending and military spending. It was referring to the purported trade-off between military spending and the economy as a whole, in all of its aspects: the taxation or public debt needed to maintain a strong military, civilian workforce vs military manpower, civilian industry vs military industry, and yes, military vs civilian government expenditure — of which "social" spending is just one of many.

Note that the idea of the "Peace dividend" was popularised by George H.W. Bush and Margaret Thatcher, hardly proponents of increased social spending.

[0] https://en.wikipedia.org/wiki/Peace_dividend



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