“If our industrial base collapses any more, we’ll have to nationalize advanced aviation and maybe other parts of the Air Force that currently are competitive,” […]
Mr. Chairman, I believe we are in a de facto situation of nationalized high technology industry. All that is left is to formalize the arrangement. […]
In 1969 John Kenneth Galbraith penned a piece for the New York Times titled The Big Defense Firms Are Really Public Firms and Should be Nationalized arguing, among other things, that it was folly for defense contractors to claim that they were private corporations.
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