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The term '''military-industrial complex''' or '''MIC''' refers to the infrastructure of a nation's military, defense/weapons industry, and the government.  It was first used by [[U.S.]] president [[Dwight Eisenhower]] in his farewell address warning that the military industrial complex is fundamentally anti-[[democratic]].<ref>https://bracingviews.com/2023/03/01/the-military-industrial-complex-and-american-fascism/</ref>  He warned of the dangers of the military and industry having such interdependence and the risks of misplaced power.<ref>https://archive.is/g1EvK#selection-1079.1-1083.242</ref> President Eisenhower said,

The term '''military-industrial complex''' or '''MIC''' refers to the infrastructure of a nation's military, defense/weapons industry, and the government.  It was first used by [[U.S.]] president [[Dwight Eisenhower]] in his farewell address warning that the military industrial complex is fundamentally anti-[[democratic]].<ref>https://bracingviews.com/2023/03/01/the-military-industrial-complex-and-american-fascism/</ref>  He warned of the dangers of the military and industry having such interdependence and the risks of misplaced power.<ref>https://archive.is/g1EvK#selection-1079.1-1083.242</ref> President Eisenhower said,

{{quotebox-float|"Today, the solitary inventor, tinkering in his shop, has been overshadowed by task forces of scientists in laboratories and testing fields. In the same fashion, the free university, historically the fountainhead of free ideas and scientific discovery, has experienced a revolution in the conduct of research. Partly because of the huge costs involved, a government contract becomes virtually a substitute for intellectual curiosity. For every old blackboard there are now hundreds of new electronic computers.  

{{quotebox-float|"Today, the solitary inventor, tinkering in his shop, has been overshadowed by task forces of scientists in laboratories and testing fields. In the same fashion, the free university, historically the fountainhead of free ideas and scientific discovery, has experienced a revolution in the conduct of research. Partly because of the huge costs involved, a government contract becomes virtually a substitute for intellectual curiosity. For every old blackboard there are now hundreds of new electronic computers.  

In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.}}

In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.}}

Other acronyms, such as '''MICC''' (military-industrial-congressional-complex) or '''MICIMATT''' (military-industrial-congressional-intelligence-media-academia-think tank complex) have been developed to explain the [[deep state]] process of how military contractors, who are recipients of government defense contracts, donate to political candidates to vote for defense projects and non-profit [[think tank]]s to write reports on the need for more ever-bloated defense spending.

Other acronyms, such as '''MICC''' (military-industrial-congressional-complex) or '''MICIMATT''' (military-industrial-congressional-intelligence-media-academia-think tank complex) have been developed to explain the [[deep state]] process of how military contractors, who are recipients of government defense contracts, donate to political candidates to vote for defense projects and non-profit [[think tank]]s to write reports on the need for more ever-bloated defense spending.

 

==Afghan war==

==NATO wars==

[[File:KabulHasFallen.png|right|300px|thumb|The [[Fall of Kabul]].]]

[[File:MIC Ukraine.PNG|right|300px|thumb|]]

''The Intercept''‘s Jon Schwarz examined returns on stocks of the five biggest defense contractors: [[Boeing]], [[Raytheon]], [[Lockheed Martin]], [[Northrop Grumman]], and General Dynamics.  Schwarz found that a $10,000 investment in stock evenly split across those five companies on the day in 2001 that then-President Georg W. Bush signed the authorization preceding the US invasion would be worth $97,295 this week, not adjusted for inflation, taxes, or fees.  According to ''The Intercept:''

''[[The Intercept]]''‘s Jon Schwarz examined returns on stocks of the five biggest defense contractors: [[Boeing]], [[Raytheon]], [[Lockheed Martin]], [[Northrop Grumman]], and General Dynamics.  Schwarz found that a $10,000 investment in stock evenly split across those five companies on the day in 2001 that then-President Georg W. Bush signed the authorization preceding the US invasion would be worth $97,295 this week, not adjusted for inflation, taxes, or fees.  According to ''The Intercept:''

{{quotebox-float|"This is a far greater return than was available in the overall [[stock market]] over the same period. $10,000 invested in an [[S&P 500]] index fund on September 18, 2001, would now be worth $61,613.  That is, defense stocks outperformed the stock market overall by 58% during the Afghanistan War."<ref>https://theintercept.com/2021/08/16/afghanistan-war-defense-stocks/</ref>}}

{{quotebox-float|"This is a far greater return than was available in the overall [[stock market]] over the same period. $10,000 invested in an [[S&P 500]] index fund on September 18, 2001, would now be worth $61,613.  That is, defense stocks outperformed the stock market overall by 58% during the Afghanistan War."<ref>https://theintercept.com/2021/08/16/afghanistan-war-defense-stocks/</ref>}}

==See also==

==See also==

==External link==

==External link==

*[https://youtu.be/lfW6oaWP40U Economics Of Military Industrial Complexes in Russia and US.], Andrei Martynov, Nov. 4, 2022

*[https://youtu.be/lfW6oaWP40U Economics Of Military Industrial Complexes in Russia and US.], Andrei Martynov, Nov. 4, 2022

[[Category:Industry]]

[[Category:Industry]]

[[Category:Military]]

[[Category:Military]]

[[Category:Government]]

[[Category:Government]]

[[Category:Economic History]]

[[Category:Economic History]]