Military Capitalism: Profits Without Production

The stability of investment in the military during World War II was not lost on capitalists after the war. Unlike investment in public commodities, the buyers of military equipment were more reliable customers than the general public. But what does investment in the military do to the tendency of the rate of profit to fall?
Not only does the author provide answers, but he also provides responses of classical Marxist theorists of crisis, including Luxemburg, Baron and Sweezy.

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