War profiteering, the military-industrial complex and the deep state

.

Chapter 6 in The Economics of War, 2019, pp 106-131 from Edward Elgar Publishing

Abstract: A war profiteer is any person or firm that makes unreasonable profit in times of war by selling weapons and other goods to warring parties and by indulging in other activities made possible by war. War profiteers include not only the arms trade and companies profiteering from the privatisation and outsourcing of the military, but also those extracting natural resources in conflict zones, financial institutions investing in arms companies and many others. It is believed that Nathan Rothschild was the greatest war profiteer of all time. The military-industrial complex is an informal alliance between a nation’s military and the military industry that supplies weapons. The deep state, or state within state, is formed by the association of elements of the government and top-level finance and industry that is effectively able to govern without reference to the consent of the people as expressed through the formal political process.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/9781788978514.00012.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:18828_6

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().