Military-industrial complex a close and symbiotic relationship between a nation's armed forces, its arms industry, and associated political and commercial interests. In such a system, the military is dependent on industry to supply material and other support, while the defense industry depends on government for a steady revenue stream.The term is most often used in reference to the United States, where it gained popularity after its use in the farewell address of President Dwight D. Eisenhower. As pejorative terms, the "MIC" or the "iron triangle" refer to an institutionalised collusion among defense contractors (industry), The Pentagon (military), and the United States government (Congress, Executive branch), as a cartel that works against the public interest, and whose motivation is profiteering. |
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