Defense-industrial complex | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-01-19

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Military%E2%80%93industrial_complex


00:02:18 1 Etymology
00:08:23 2 Post-Cold War
00:09:23 3 Eras of the United States Military Industrial Complex
00:09:43 3.1 The First Era
00:10:56 3.2 The Second Era
00:11:28 3.3 The Third (Current) Era
00:13:40 4 Benefits
00:14:15 5 The military subsidy theory
00:14:56 6 Current applications
00:16:55 7 See also



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SUMMARY
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The military–industrial complex (MIC) is an informal alliance between a nation's military and the defense industry that supplies it, seen together as a vested interest which influences public policy. A driving factor behind this relationship between the government and defense-minded corporations is that both sides benefit—one side from obtaining war weapons, and the other from being paid to supply them. The term is most often used in reference to the system behind the military of the United States, where it is most prevalent and gained popularity after its use in the farewell address of President Dwight D. Eisenhower on January 17, 1961. In 2011, the United States spent more (in absolute numbers) on its military than the next 13 nations combined.In the context of the United States, the appellation given to it sometimes is extended to military–industrial–congressional complex (MICC), adding the U.S. Congress to form a three-sided relationship termed an iron triangle. These relationships include political contributions, political approval for military spending, lobbying to support bureaucracies, and oversight of the industry; or more broadly to include the entire network of contracts and flows of money and resources among individuals as well as corporations and institutions of the defense contractors, private military contractors, The Pentagon, the Congress and executive branch.A similar thesis was originally expressed by Daniel Guérin, in his 1936 book Fascism and Big Business, about the fascist government support to heavy industry. It can be defined as, "an informal and changing coalition of groups with vested psychological, moral, and material interests in the continuous development and maintenance of high levels of weaponry, in preservation of colonial markets and in military-strategic conceptions of internal affairs."
An exhibit of the trend was made in Franz Leopold Neumann's book Behemoth: The Structure and Practice of National Socialism in 1942, a study of how Nazism came into a position of power in a democratic state.
Such type of complex, in the First World War, had taken US to the Trading with the Enemy Act of 1917.