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The Living Reality of Military-Economic Fascism ~ Robert Higgs

  • An in-depth study of the military-industrial racket by Robert Higgs at Mises Institute
  • “The business of buying weapons that takes place in the Pentagon is a corrupt business — ethically and morally corrupt from top to bottom. The process is dominated by advocacy, with few, if any, checks and balances. Most people in power like this system of doing business and do not want it changed.” – Colonel James G. Burton (1993, 232)
  • Related: Of A Lot of Arms and Some Very Bad Men

Robert Higgs, Mises Institute  / Straight Line Logic
24, 2018 | In countries such as the United States, whose economies are commonly, though inaccurately, described as “capitalist” or “free-market,” war and preparation for war systematically corrupt both parties to the state-private transactions by which the government obtains the bulk of its military goods and services.

On one side, business interests seek to bend the state’s decisions in their favor by corrupting official decision-makers with outright and de facto bribes. The former include cash, gifts in kind, loans, entertainment, transportation, lodging, prostitutes’ services, inside information about personal investment opportunities, overly generous speaking fees, and promises of future employment or “consulting” patronage for officials or their family members, whereas the latter include campaign contributions (sometimes legal, sometimes illegal), sponsorship of political fund-raising events, and donations to charities or other causes favored by the relevant government officials.

Robert Higgs is senior fellow in political economy for the Independent Institute and editor of The Independent Review. He is the 2007 recipient of the Gary G. Schlarbaum Prize for Lifetime Achievement in the Cause of Liberty, and the 2015 Murray N. Rothbard Medal of Freedom.

Full story …


Of A Lot of Arms and Some Very Bad Men, Compiled by David Culver, Ed., Evergreene Digest

  • Part 1: Trump Snubbed McCain. The Media Snubbed the Rest of Us.
  • The media treated Trump's petty snub of John McCain as a bigger controversy than the $717 billion Pentagon bill named for the Arizona senator.
  • Part 2: Paul Krugman | Arms and the Very Bad Men
  • Trump’s rationale for going easy on Saudi Arabia is a shameful lie.

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