“And herein lies a key ambiguity about large defence contractors: they are pillars of the free market economy whose shareholders are supposed to provide oversight, while receiving extensive state support which insulates them from market vagaries and meaningful oversight. One thing, however, is constant: this either-or status has resulted in companies that are often badly managed and regularly find themselves in financial difficulties, despite their government’s efforts, sometimes illegal, to find them business.”
Quote by Andrew Feinstein
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The Shadow World: Inside the Global Arms Trade
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