penultimate draft of the address, Eisenhower initially used the term military-industrial-
congressional complex, and thus indicated the essential role that the United States Congress plays in the propagation of the military industry. But, it is said, that the president chose to strike the word congressional in order to placate members of the legislative branch of the federal government. It is sometimes used more broadly to include the entire network of contracts and flows of money and resources among individuals as well as institutions
of the defense contractors, The Pentagon, and the Congress and Executive branch. This sector
is intrinsically prone to Principal-agent problem, moral hazard, and rent seeking. Cases of political corruption have also surfaced with regularity.
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