The U.S. military-industrial complex has grown over time, both domestically as a powerful lobby in U.S. politics, and globally, as a conduit for U.S. imperial expansion that has occurred in lockstep with the transnationalization of capital. I define the U.S. military-industrial complex as a constellation of powerful domestic interests within U.S. politics that includes military contractors, U.S. national security bureaucracies, and a bipartisan political establishment in both the U.S. executive branch and Congress that enables its systematic and long-term expansion. The growth of transnational capitalist investment, production and trade during the decades of neoliberal capitalism have increasingly linked the U.S. military-industrial complex toward global expansion, often supported by transnational capital—inside and outside the U.S., fusing the expansion of U.S. empire with the broader interests of transnational capitalist firms that benefit from U.S. imperial expansion.
Global networks of U.S. defense contractors, transnational capitalist investors and political elites have defined the terms of the expansion of U.S. empire. The U.S. military-industrial complex incorporates U.S.-based corporations that produce military weapons within a broader ecosystem of domestic and international alliance networks. Domestically, the complex includes a wide range of political bureaucracies, think tanks, domestic lobbies and bipartisan political support from the U.S. executive branch and Congress. Globally, the complex connects the interests of this U.S. domestic political network to transnational investment blocs that directly benefit from global militarization and the expansion of U.S. empire. As the most powerful sectors of capital have transnationalized their investment and production over the decades, the global expansion of the U.S. military-industrial complex has often functioned as a political, economic and ideological vehicle to advance the profit-making interests of transnational capitalist investment blocs.
Investment blocs refer to the political-economic networks of transnational capitalist firms, political actors, interest groups and ideologues that form across state borders in support of transnational capitalist expansion. The growth of U.S. empire is therefore intertwined with both global militarization and the transnationalization of global capital, which is enabled and promoted by the global expansion of the U.S. military-industrial complex, providing both structural and instrumental benefits to a range of global capitalist investors.
Structurally, the expansion of the military-industrial complex protects access to foreign markets within a system of transnational capitalist accumulation. Instrumentally, the global expansion of the military-industrial complex offers profit-making opportunities that include military production but also the inputs linked to military production through global supply chains and production networks. Transnational investment blocs have been central to a global expansion of the military-industrial complex as a vehicle linking the U.S. domestic interests comprising the military-industrial complex to a broader set of transnational interests that benefit from the expansion of U.S. empire.
Throughout the history of global capitalism, there have been rivalries between global capitalist firms over access to foreign markets, trade and investment. The trends of the past several decades are not a departure from the history of capitalist globalization, but instead are a specific manifestation of a long-term neoliberal reorganization of global capitalism that has its own iterations, tendencies and expressions. Corporate power within the capitalist state and through transnational organizations has been used to expand the opportunities for capitalist accumulation and profit-making.
The imperatives of global capitalist accumulation have led to a more intensive and structured system of globalized production, defined by political, economic and geostrategic competition between transnational investment blocs. Transnational investment blocs have battled over the terms of globalized production, specifically over which capitalist firms and investment blocs will be in the best position to profit from newly established and negotiated economic, political and geostrategic arrangements. Corporations have organized within transnational investment blocs to lower the costs of global accumulation and increase profits. By expanding globalized production, transnational capital has sought to reverse tendencies of the rate of protit to fall by securing more favorable global conditions for the transnationalization of capitalist production.
The U.S. military-industrial complex has been at the center of defining the geopolitics of global military, political and economic alliances between the U.S. and foreign governments, from the expansion of NATO to the U.S. militarization of the Persian Gulf to the militarization of U.S.-China relations. In each of these cases, military contractors within the U.S. military-industrial complex and transnational capitalist investors coalesced within transnational investment blocs to lobby for an expansion of global military spending. These transnational investment blocs advocated an expansion of militarization in Europe, the Persian Gulf and Asia to protect and advance the profit-making interests of sectors of transnational capital against threats from rival capitalist competitors and/or states that were perceived to be sources of instability.
Two recent articles highlight aspects of this complex. Ken Silverstein examines the expansion of the corporate intelligence firm WestExec Advisors that provides a revolving door connecting global corporate profit-making opportunities to positions within the national security bureaucracy:
https://www.washingtonbabylondc.com/p/recent-hiring-spree-westexec-advisors
Another article from the New York Times covers the staggering costs, $1.7 trillion over 30 years that the U.S. national security bureaucracy began planning in 2010, and is rapidly implementing to pay for a new fleet of bomber jets, land-based missiles, submarines, and thermonuclear warheads:
