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Re:The Military-Industrial Stock Buyback Complex by pessimizer on Sunday April 16, 2023 @10:57AM (#35590545)
It's how empires fail. When your military suppliers and contractors become large enough to buy the government, they grow like a malignancy, bleed the productivity and resources of the empire into building things that explode, and kill the host.
Re:The Military-Industrial Stock Buyback Complex by pgwhalen on Sunday April 16, 2023 @12:15PM (#35591342)
What is an example of an empire that failed liked this?
Re:The Military-Industrial Stock Buyback Complex by jti107 on Sunday April 16, 2023 @03:17PM (#35593347)
Sparta is the closest example i think of. all the men were soldiers and all the hard labor/farming were done by slaves/healots. eventually led to technological stagnation & societal collapse
Re:The Military-Industrial Stock Buyback Complex by wutangson1 on Sunday April 16, 2023 @08:03PM (#35595306)
Did Sparta actually fall because Thebes out innovated them on the battlefield? If so, perhaps an argument _for_ the military industrial complex as a nation’s savior. Perhaps you are thinking of classical Athens, and its loss to the Greek city-state of Syracuse in Sicily?
Re:The Military-Industrial Stock Buyback Complex by webnrrd2k on Sunday April 16, 2023 @04:13PM (#35593847)
Arguably, Rome and the Praetorian Guard.

https://en.m.wikipedia.org/wiki/Praetorian_Guard

Re:The Military-Industrial Stock Buyback Complex by shrimp_emoji on Sunday April 16, 2023 @04:23PM (#35593932)
Rome fell because of the Praetorian Guard?

Not because of unsustainable conquest, a massive influx of slaves taking all the work, flawed institutional structures with only norm-based barriers to generals from seizing control of the government, and massive Germanic migrations due to reasons unknown (probably steppe people)?

Re:The Military-Industrial Stock Buyback Complex by webnrrd2k on Monday April 17, 2023 @03:04AM (#35597589)
The Praetorian Guard appointed Claudius as emperor, and had assassinated several others, all of which could be considered, arguably, a major step in the downfall of the Roman Empire.

Remember, this was a response to illustrate: ”When your military suppliers and contractors become large enough to buy the government, they grow like a malignancy, bleed the productivity and resources of the empire into building things that explode, and kill the host."

Re:The Military-Industrial Stock Buyback Complex by red-iron-pine on Monday April 17, 2023 @02:56PM (#35604948)
Not just Claudius, they were involved in a few imperial transitions.

But it's debatable if that's a military-industrial complex functioning in conditions of economic hazard. Like, advisors and royal courts plotting against the ruler is fairly common and historically never involved stock buyback schemes.

Re:The Military-Industrial Stock Buyback Complex by ramblenode on Sunday April 16, 2023 @06:06PM (#35594700)
The more general phenomenon of what the parent is describing is rent-seeking becoming an outsized portion of society. When the rent-seeking class becomes too powerful they drain an unsustainable amount of productivity from the rest of society that eventually causes it to become weak/unstable and fall to internal or external forces. The Ottoman Empire is a good example of this.