Comments by "Antony Wooster" (@antonywooster6783) on "The Fatal Flaw Undermining America's Defense Industrial Base" video.

Of course, the chief opposition to nationalization of the Defense industry, will come from (Drum Roll!) the defense industry!
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38:02 The British government realised this need to have a government owned arms manufacturing capability in 1880! And set it up, using machinery sourced in Massachusetts. (I think they forgot it in 1960, though)
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19:02 The "competetive advantage" the defense industry is interested in, is not over the Chinese or the Russians, it is rather, over the other Western companies in the same market place.
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It occurs to me, that having a capitalist economy builds into a society, a fundamental conflict of interest. It means that one has to have, at the very least, a mixed economy and preferably, in addition, a government which will suppress the political ambitions of the richer members of the capitalist class and protect the working members of the society. This is particularly evident in the cases of the arms industry, the pharrmaceutical industry and the healthcare industry.
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4:37 It isn't even that these private companies making things for the DOD "Don't care". It is not a matter of sentiment. The companies' legal requirement, is to make a profit, so that they can pay their shareholders, or to go out of business if they cannot.
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