Arbeitspapier

The Political Economy of Armaments

The interaction of oil exports from the Middle East in the 1970s with arms imports to this region has drawn attention from several researchers. The existing literature, however, is seriously flawed for it ignores the large corporate players whose actions synchronize the two flows of income and, thus fails to identify the significance of these corporations for the political economy of armaments. This present paper is the first of a series of four essays that attempt to relate the dynamics of market structures to the escalation of military sales. Here we briefly asses some neo-Marxist and institutional writings that offer insight into the subject of relevant issues. We find them deficient and perhaps outdated in some respects.

Language
Englisch

Bibliographic citation
Series: Working Papers, Department of Economics, McGill University ; No. 7/89

Classification
Wirtschaft
Subject
armament
Baran
corporation
institutionalized waste
Kalecki
Middle East
Macro-Marxism
monopoly capital
oil
surplus
Sweezy
Tsuru
underconsumption
Veblen
Vietnam War

Event
Geistige Schöpfung
(who)
Bichler, Shimshon
Nitzan, Jonathan
Rowley, Robin
Event
Veröffentlichung
(who)
The Bichler and Nitzan Archives
(where)
Toronto
(when)
1989

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Bichler, Shimshon
  • Nitzan, Jonathan
  • Rowley, Robin
  • The Bichler and Nitzan Archives

Time of origin

  • 1989

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