Captives of the Cold War Economy: The Struggle for Defense by John J. Accordino

By John J. Accordino

The finish of the chilly struggle in 1989 gave upward push to hopes for a brand new, extra peaceable foreign process and for the redirection of army expenditures―over one-half of annual U.S. federal discretionary spending―toward schooling and well-being care, renewing the nation's infrastructure, environmental mitigation, and substitute strength resources. at the start of the twenty first Century, U.S. army spending is still caught at eighty five% of the chilly battle average.

Why? As Accordino explains, on the federal point, the Iron Triangle constructed from the Pentagon, security contractors, and a conservative Congress maintained safeguard spending at chilly struggle degrees, encouraging contractors to stick desirous about safety. whilst a few procurement cutbacks and base closures happened, development pursuits recruited lower-wage department vegetation, activities, and leisure amenities, instead of aiding the labor of protection conversion that creates higher-paying jobs. however, a few security contractors and neighborhood pursuits did include conversion, exhibiting impressive power. Of specific curiosity to students and researchers concerned with city and nearby making plans, public management and native politics, and local financial development.

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