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40
FURTHERMORE, although it
is no doubt of some importance
that the United States has a
basically privately-owned economy while in the USSR the
state is the sole owner of property, some importance should
be attached to the fact that
under Cold War conditions the
US Government remains the
principal customer of an important section of industry, and
that the security of employment
in important areas depends
upon the maintenance of demand for weapons of war unless
adequate substitutes can be
found. In such circumstances,
the "military-industrial complex" which worried President
Eisenhower cannot simply be
dismissed as a figment of leftwing imagination, however farfetched the conclusions that
left-wing writers may draw
from it.
It is harder today than it was
a quarter of a century ago to see
the state as something external
to the economy and to society at
large. The authors take the conventional view of American liberal thinkers that the administration and the American
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