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This. People don't understand that defense contractors are extremely wasteful in their spending, and the contractor's job is not to produce the latest and grea
by NickC25 6mo ago
This.
People don't understand that defense contractors are extremely wasteful in their spending, and the contractor's job is not to produce the latest and greatest. They have a dual mandate.
1. To keep supply chains active so we can continue to be able to wage tomorrow's war with yesterday's technology by introducing rent-seekers and middlemen into companies and processes where they shouldn't be.
2. To keep Wall Street, defense contractors, and defense lobbyists happy.
I gotta ask, while I have the attention of HN - why are defense contractors allowed to be public, for-profit corporations that serve Wall Street interests ahead of national defense interests? Am I the only one that sees a massive conflict of interest that can affect (or, probably has affected) our national security in profoundly damaging ways.
It almost feels like Healthcare companies, who are supposed to be focusing on our health and wellbeing, seem to focus on shareholder returns and denying service to the same people that pay the premiums. What's wrong here?
- Nasrudith 6mo agoThe answer is because we tried to DIY and found that the government at best works as a developer with manufacturing better off outsourced. It is 'under-orderly' compared to a planned system, but the private sector works. There is a reason why it is a norm for military industrial development. Wall Street and Defense Contractors and Defense Lobbyists wouldn't make too much of a difference anyway when they are already jobs programs. Any sort of industry would have lead to it being an Industrial complex problem. That people think it would make a difference mystifies me as much as when people claim that 401ks are just to make people dependent upon the market in retirement. When in reality they would be dependent upon the market either in a state funded pension system too because that is where the money comes from.