http://www.truth-out.org/war-profiteers-corner-steven-r-loranger62704War profiteering is defined by Stuart Brandes in his book "Warhogs, a History of War Profits in America," as "a gain in economic well-being obtained as a result of military conflict."
As he shows, there is a long history of war profiteering in the United States and an equally long history of public disgust for it. One of the most quoted expressions of this disgust came from President Franklin D. Roosevelt in World War II: "I don't want to see a single war millionaire created in the United States as a result of this world disaster."
Brandes also notes there was a time when war was exceptional and war profiteering a nasty exceptional thing that accompanied it. But after World War II, the United States moved more and more to a status of permanent war.
In his new book "Washington Rules," former Army Col. Andrew Bacevich says a group of "semi-warriors" ... "some in uniform, others in suits," operators in the military-industrial complex, had by 1961 "gained de facto control of the U.S. government."
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