Encyclopedia of Business and Professional Ethics (2017)

Edmund Byrne
Indiana University Purdue University, Indianapolis
The military-industrial complex (MIC) refers to a self-sustaining politico-economic system that perpetuates profitability in military supplies industries, de facto in multiple countries but primarily in the USA. It is made up of competing and/or collaborating entities -- the maintenance of which is on the whole financially advantageous to all concerned. The complex business objectives sought by participants are fostered in part by exalting technical possibilities but also in part by spreading fear as to dangers that are imminent and can be countered only by maintaining the highest feasible level of military preparedness.
Keywords permanent war economy  war corporatism
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Making Drones to Kill Civilians: Is It Ethical?Edmund Byrne - 2018 - Journal of Business Ethics 147 (1):81-93.
The Power Elite.C. Wright Mills - 1957 - Tijdschrift Voor Filosofie 19 (2):328-329.

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