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=> Military-industrial(-Congressional) complex

Military-industrial(-Congressional) complex
Posted by Tiglath (Guest) - Saturday, October 28 2006, 6:47:52 (CEST)
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Website: http://en.wikipedia.org/wiki/Military-industrial_complex
Website title: Military-industrial complex - Wikipedia, the free encyclopedia

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President Dwight Eisenhower coined the term "military-industrial complex"The term military-industrial complex (MIC) refers to a close and symbiotic relationship between a nation's armed forces, its arms industry, and associated political and commercial interests. In such a system, the military is dependent on industry to supply materiel and other support, while the defense industry depends on government for a steady revenue stream. The term is most often used in reference to the United States, where it was coined in a speech by President Dwight Eisenhower.

As pejorative terms, the "MIC" or the "iron triangle" refer to an institutionalised collusion among defense contractors (industry), The Pentagon (military), and the United States government (Congress, Executive branch), as a cartel that works against the public interest, whose motivation is profiteering.

http://en.wikipedia.org/wiki/Military-industrial_complex



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