Friday, May 02, 2008

Via Counterpunch

Dave Lindorff : The U.S. Economy and the Costs of War
...The late industrial engineer Seymour Melman long ago demonstrated how the military-industrial complex, by producing things not on a competitive but rather a cost-plus basis, destroys economic competitiveness, sucks up research and development talent and resources, and investment capital, and ends up producing nothing of use either for society or for the national trade account...

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