If you are referring to peace as the absence of war, there are not many negative aspects. The one positive effect of war, which is a negative effect of peace, is that war tends to spur the economy. War is very good for business. War creates jobs, because you need to manufacture weapons and employ people to do the actual fighting. On the other hand, that is hardly worth the lives that are lost in fighting the wars. After the war is over, the loss of life hurts the economy in the long run.
The positive effect of peace is that people can focus on creative endeavors. The economy can thrive in peacetime too. The greatest benefit of peace is that people are not afraid for their lives and people are not losing their lives fighting one another. This benefits the economy because they are then contributing citizens.
Wars are usually fought defending ideology or territory or in pursuit of enhancing a country’s territory. Whatever the country seeks to gain, in the long run it is not worth it. Mankind would be much better off if there were less fighting.
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