The defense industrial base is collapsing. Blame monopolies and Wall Street, writes the DOD. Meanwhile, the Pentagon's Deputy Secretary expresses concern over "extreme consolidation."
Another systems issue involving efficiency over resilience.
BIGThe Pentagon Turns on Wall Street
Matt Stoller
2 comments:
Another systems issue involving efficiency over resilience. Tom Hickey
More accurately, "efficiency"* over justice.
So now WWIII because we refuse to have a just economic system?
Got your Rapture ticket, Tom?
*Since injustice is inefficient except in the short run.
It wasn’t Wall Street that came up with the concept of e.g. the JSF ... thus eliminating the Services application specific expertise and the various firms that were associated with those separate acquisition programs..
ie Put all the eggs into one basket now they are complaining that there is only one basket... ie morons...
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