What is War Profiteering
A person or organization is considered to be a war profiteer if they make an unjustified profit from the conduct of warfare or by selling weapons and other items to parties that are engaged in a conflict. Typically, the term is associated with a great deal of negative meaning. There is also the phenomenon of general profiteering, which refers to the act of making a profit that is deemed excessive or unfair. The “shoddy” billionaires who purportedly supplied recycled wool and cardboard shoes to soldiers during the American Civil War are an example of those who profited off the war. In the years following the attacks of September 11, 2001, there are those who believe that large modern defense conglomerates such as Lockheed Martin, Mitsubishi, Boeing, BAE Systems, General Dynamics, and RTX Corporation are examples of companies that meet the criteria. The political dominance of the defense business is the basis for this claim. For instance, in 2010, the defense sector spent a total of $144 million on lobbying and donated over $22.6 million to congressional candidates. Additionally, during the time following 9/11, defense firm shareholders made significant profits.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: War Profiteering
Chapter 2: FIM-92 Stinger
Chapter 3: Halliburton
Chapter 4: Military-industrial complex
Chapter 5: Private military company
Chapter 6: KBR (company)
Chapter 7: Arms industry
Chapter 8: Investment in post-invasion Iraq
Chapter 9: Military budget of the United States
Chapter 10: M777 howitzer
(II) Answering the public top questions about war profiteering.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of War Profiteering.
