Friday, December 16, 2016

Greed and Corruption in military economics

The Real News Network has posted a series of short clips of an interview with Andrew Feinstein, a former South African politician who has written and book called Shadow World which has been made into a documentary film. He describes the secret corrupt deal making that drives military spending and eventually bleeds into insurgent uprisings and 'wars on terror'. In brief, politicians and their friends/family receive kickbacks and bribes from military contractors for purchasing goods and services from said contractors. In the interview, Andrew Feinstein essentially says that in comparison to corruption in military contracting, organized crime is for amateurs.

This is more confirmation of the accuracy of my theory of economics. See here for the relevant links.

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