EPIS Basics: The Military-Industrial Complex

This short article explains the basics of the military-industrial complex (MIC) and its impact on defence spending. Dominic Perfetti outlines how MIC refers to the close relationship between governments and defence industries, where lobbying influences policy and creates a ratchet effect—once spending rises, it’s hard to reduce. He highlights the risks of escalating budgets, political influence, and environmental concerns, showing how the MIC remains relevant amid global tensions and technological advances.