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The national guard would be considered an army. It is not a permanent war economy army like our Army, Navy, Marines, but it is an army nonetheless. Permanent war armies are a relatively modern product.
Which is maybe a clue that amendment doesn't really make sense in the modern world.
Personally, I’m much more for dismantling the permanent war economy and reducing the standing army by a few orders of magnitude. So much of our resources are stolen to keep a permanent war footing and maintain our our ~800 overseas bases. With the amount of money we spend to secure global military dominance, every single person in the entire country could have the worlds best healthcare, fully paid, no copays or anything.
So tbh, I’d rather move back towards a militia.
As much as I dislike the 2nd Ammendment, American prosperity is built on those overseas bases and the security that they provide to our allied countries. The modern globalized economy, which has benefited us IMMENSELY as a country is built on the promise that in exchange for America keeping the world safe for trade, almost all major countries use the American Dollar to back their own currency, and all oil is paid for in US Dollars.
The real problem is that we aren't taxing the ultra-wealthy who are the ones getting all the money from the advantages of that globalized economy.