The Military Industrial Complex and the Middle East: A mutual extortion racket? Jodi Vittori, Samer Abboud, and Omar Dahi discuss different aspects of US foreign policy in the Middle East. Hosted by Clare O'Brien.
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.