Why can't the Pentagon get weapons firms to ramp up production? A new report shows the military doesn't track who owns its contractors, and has just two people looking at mergers in the defense base.
Sounds like General Dynamics is getting maximized quarterly profits out of it being arranged that way. There may be nothing more to it than that.
The function of an advanced Neoliberal state is to maximally insulate corporations from the consequences of their own actions, consequences even up to and including imperiling the state and the empire on which the firm depends. A bare skeleton of contradiction emerges as the last morsels of vestigial regulation, from the time of Original Flavor Liberalism when the state was more serious about protecting capital from itself, are eaten away. The US has for some time been justifiably accused of being five weapons contractors in a trench coat.
Sounds like General Dynamics is getting maximized quarterly profits out of it being arranged that way. There may be nothing more to it than that.
The function of an advanced Neoliberal state is to maximally insulate corporations from the consequences of their own actions, consequences even up to and including imperiling the state and the empire on which the firm depends. A bare skeleton of contradiction emerges as the last morsels of vestigial regulation, from the time of Original Flavor Liberalism when the state was more serious about protecting capital from itself, are eaten away. The US has for some time been justifiably accused of being five weapons contractors in a trench coat.