SOC 1 Study Guide - Final Guide: Extraordinary Rendition, Underconsumption, Oligopoly
Document Summary
The connections between the military and the companies and institutions that produce weapons and technology for the military. This includes arms manufacturers and defence technology companies like boeing and. Lockheed-martin as well as colleges and universities that engage in research partnerships. The argument is that the companies/institutions involved will lobby/advocate for more military spending and possibly support for more wars. The marxist explanation for wwi and wwii. Sees imperialism as inherent to the development of capitalism globally. Says that capital has concentrated and centralized to the point of oligopoly or monopoly in important sectors of the economy and that finance capital has emerged as a powerful political force. Underconsumption and overproduction leads the push for exporting capital and products into other countries. This leads to economic and political domination that mirrors colonialism. When imperialist rivalries fight over access/control over other economies it leads to situations like wwi and wwii.
