Routledge Dictionary of Economics, Second Edition
military-industrial complex (P0)
The set of relationships between a defence ministry and the industries supplying weapons and other goods and services for the armed forces.
It is argued that this complex is crucial to the functioning of many major capitalist economies as industrial output is to a large extent determined by defence requirements. GALBRAITH and several radical economists have discussed the role of this complex in their analysis of modern Western economic systems. However, within the USSR there was also for a long time a close link between defence industries and the armed forces.
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