Financialization is a product of power and can only be sustained so long as there are significant economic
imbalances between major countries and peripheral countries (Arrighi 1994). Militarization is not just a major
source of profits but also an indispensable tool to reproduce finance capital by protecting and expanding markets.
Also, finance capital has increased its power over the military sector by buying stock in arms corporations to
become a major component of the military industrial complex. Therefore, financialization and militarization
reinforce each other in the US.
In this paper, Heidi Peltier explores the question of whether a lack of competition in the arms-tanks-munitions (ATM) industries results in higher profits for the monopolistic firms.
Security in Context and the Forum on Arms Trade held an event at the Stimson Center in Washington D.C. discussing the role of arms sales by the United States to Middle Eastern countries