The Military-Industrial Complex

It should be mentioned that there’s another element to the military-industrial complex issue, which he [Dwight D. Eisenhower] didn’t bring up. At that time, in the 1950s, as he certainly knew, the Pentagon was funding what became—a lot of Pentagon funding was going into creating what became the next phase of the high-tech economy at that time: computers, micro-electronics, shortly after, the internet […] That is, the public pays the costs and takes the risks, and eventual profit is privatized, in the case of computers and the internet, after decades. So that’s another aspect of the military-industrial complex which is worth keeping in mind. – Noam Chomsky

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