PACS201 Lecture Notes - Lecture 9: Joseph Schumpeter, Nye Committee, Factions Of Halo
Document Summary
Strong link between war and the economy. Military-industrial complex = president eisenhower (1961 - farwell address) The power triangle = military, economy and political interests. Historically, war spoils were divided amongst soldiers. Strong connection between military power and govnt interests/power players. Joseph schumpeter - war is mainly fostered by the domestic interests of ruling classes, but also bu the in uence of all those who stand to gain individually from war (economic or socially) Countries that manufactured weapons ben tted economically when countries (even their own) went to war. Nye committee - tried to prove that us arms dealers were responsible for usa entering. Popular oppossition to military spending is increasing. Despite weapon dismantling after the cold war, weapons tensions are rising again between. France and israel = weapons are #1 export. Large amounts of arms peace between nations. In usa, 10% of all business derived from military related productions. Large corps = 50% pro t derived from weapons productions.