Defending the Economy: Military Industry and Policy Dynamics

This chapter examines the recent Intel deal's ramifications on the defense sector, particularly the reliance of major players like Lockheed Martin on government contracts. It raises crucial questions about government stakes in defense companies amidst critiques of crony capitalism and explores international economic policies, including the UK’s response to China's practices. The discussion advocates for a reevaluation of corporate policies to create a more equitable economy that benefits society while addressing the disconnect between elites and the middle class.