Shortly after becoming president, Dwight Eisenhower claimed that “every gun made, every warship launched, every rocket fired, signifies theft from those who hunger and are not fed, are cold and not clothed.”
Eight years later, Eisenhower warned Americans to “guard against the acquisition of unwarranted influence by the military-industrial complex,” which he defined as the “conjunction of an immense military establishment and a large arms industry.”
In the 1930s, Smedley Butler explained how the military subsidized private companies, but it wasn’t until the Second World War, Eisenhower noted, that America developed “a permanent armaments industry of vast proportions.”
So how did this come about?
After Germany invaded Poland, President Franklin Roosevelt convinced Congress to approve his cash-and-carry program to sell arms to France and Britain. The following year, he replaced cash and carry with Lend-Lease, which “loaned” weapons to cash-strapped allies. Lend-Lease established the
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