The Political Economy of Armaments

Shimshon Bichler, Jonathan Nitzan and Robin Rowley

EconStor Preprints from ZBW - Leibniz Information Centre for Economics

Abstract: The interaction of oil exports from the Middle East in the 1970s with arms imports to this region has drawn attention from several researchers. The existing literature, however, is seriously flawed for it ignores the large corporate players whose actions synchronize the two flows of income and, thus fails to identify the significance of these corporations for the political economy of armaments. This present paper is the first of a series of four essays that attempt to relate the dynamics of market structures to the escalation of military sales. Here we briefly asses some neo-Marxist and institutional writings that offer insight into the subject of relevant issues. We find them deficient and perhaps outdated in some respects.

Keywords: armament; Baran; corporation; institutionalized waste; Kalecki; Middle East; Macro-Marxism; monopoly capital; oil; surplus; Sweezy; Tsuru; underconsumption; Veblen; Vietnam War (search for similar items in EconPapers)
Date: 1989
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/157845/1/b ... R_PE_of_Armament.pdf (application/pdf)

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:zbw:esprep:157845

Access Statistics for this paper

More papers in EconStor Preprints from ZBW - Leibniz Information Centre for Economics Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().