Military–industrial complex
The expression military–industrial complex (MIC) describes the relationship between a country's military and the defense industry that supplies it, seen together as a vested interest which influences public policy.[1][2][3][4] A driving factor behind the relationship between the military and the defense-minded corporations is that both sides benefit—one side from obtaining weapons, and the other from being paid to supply them.[5] The term is most often used in reference to the system behind the armed forces of the United States, where the relationship is most prevalent due to close links among defense contractors, the Pentagon, and politicians.[6][7] The expression gained popularity after a warning of the relationship's detrimental effects, in the farewell address of U.S. President Dwight D. Eisenhower on January 17, 1961.[8][9]
In the context of the United States, the appellation is sometimes extended to military–industrial–congressional complex (MICC), adding the U.S. Congress to form a three-sided relationship termed an "iron triangle".[10] Its three legs include political contributions, political approval for military spending, lobbying to support bureaucracies, and oversight of the industry; or more broadly, the entire network of contracts and flows of money and resources among individuals as well as corporations and institutions of the defense contractors, private military contractors, the Pentagon, Congress, and the executive branch.[11]
Military subsidy theory[edit]
According to the military subsidy theory, the Cold War–era mass production of aircraft benefited the civilian aircraft industry. The theory asserts that the technologies developed during the Cold War along with the financial backing of the military led to the dominance of U.S. aviation companies. There is also strong evidence that the United States federal government intentionally paid a higher price for these innovations to serve as a subsidy for civilian aircraft advancement.[36]