The Military-Industrial Complex

If one is a regular visitor then one will notice that I have a natural hate for something called the military-industrial complex…..and maybe the reader is confused on just what the military-industrial complex (M-IC)……if so then I can help……https://lobotero.com/2019/01/28/what-is-the-military-industrial-complex/

If you have some adverse fear of reading then I shall still help your lazy butt with a couple of short videos……

Not finished yet…..one more……

Now that you know what is meant by the M-IC we can move forward……

A slogan from my youth in the 60s and 70s……”War is good business….invest your children”……but how good is business?

As you saw in the last video contractors are the part of the triangle that is most profitable and there are many companies that profit from war but these are the top 20……

There was a 1.1 percent increase in global military spending in 2017, according to the Stockholm International Peace Research Institute.

The global rise was driven partially by a $9.6 billion hike in U.S. arms expenditure – the United States is the world’s largest defense spender by a wide margin. Though it is yet unclear what the growing arms investments will mean for international relations, major defense contractors around the world stand to benefit.

Total arms sales among the world’s 100 largest defense contractors topped $398 billion in 2017 after climbing for the third consecutive year. Notably, Russia, one of the countries with the fastest growing militaries over the last decade, became the second largest arms-producing country, overtaking the United Kingdom for the first time since 2002. The United States’ position as the top arms-producing nation in the world remains unchanged, and for now unchallenged.

The United States is home to five of the world’s 10 largest defense contractors, and American companies account for 57 percent of total arms sales by the world’s 100 largest defense contractors, based on SIPRI data

https://www.usatoday.com/story/money/2019/02/21/military-spending-defense-contractors-profiting-from-war-weapons-sales/39092315/

 

Advertisements

6 thoughts on “The Military-Industrial Complex

  1. And then there is the power of the megacorps and megabanks that have more power than most allegedly sovereign nations. Sometimes I feel the right to vote is a mere illusion of democracy.

    1. All you say is true and that is why I like the popular vote….at least I know who I voted for…..I think with a little help and courage we can rein in the corporations….chuq

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.