National Interests: Priorities and Security

The economy of war: the USA national business

Vol. 11, Iss. 43, NOVEMBER 2015

Received: 29 July 2015

Accepted: 6 August 2015

Available online: 16 November 2015


JEL Classification: 

Pages: 50-68

Gorgola E.V. Moscow Regional Institute of Management and Law, Ivanteevka, Moscow Oblast, Russian Federation

Importance The article demonstrates the U.S. intentions to keep its leading geopolitical position, which mainly relates to military business interests and relevant stakeholders.
The research pursues substantiating and revealing authentic reasons for the U.S. macroeconomic difficulties, and the place and role of the military economy as a driver of the national development during the recent years.
Drawing upon the institutional framework, generalization, processing and systematization of extensive statistical material, I determined the structure of the U.S. military business stakeholders, their motivation and interests, as well as methods and ways of reaching their profit-making goals.
     Results The institutional analysis methods allow verifying the hypothesis of changing the structure of the U.S. military business, main motivation and interests of military industry companies, U.S. Administration and the entire foreign policy establishment, military lobby, small businesses, academic circles, and organizations and institutions initiating military propaganda and information war. In its turn, the U.S. mass media contribute to the tension and war turbulent climate and manipulate the public opinion following globalization (and ultimately profit-making) interests of the power that be.
     Conclusions and Relevance
Further escalation of the U.S. belligerent course undermines the economy and society in the USA, concurrently posing a threat to the entire world.

Keywords: military business, military and industrial capital, military spending, national security strategy, global leadership


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