War profiteering: Difference between revisions
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War profiteering is when any person or organization derives profit from warfare or by selling weapons and other goods to parties at war. The term typically carries strong negative connotations. | War profiteering is when any person or organization derives profit from warfare or by selling weapons and other goods to parties at war. The term typically carries strong negative connotations. | ||
It is considered legally unique from {{wpl|prize}} or [[Army_of_Burgundie#Overseas_Enemy_Arms_Repurposement_Sustainment_Brigade|repurposement]] as it's purpose is to aquire funds and not to aquire equipment for mission execution. | It is considered legally unique from {{wpl|prize}} or [[Army_of_Burgundie#Overseas_Enemy_Arms_Repurposement_Sustainment_Brigade|repurposement]] as it's purpose is to aquire funds and not to aquire equipment for mission execution. It is also unique from {{wpl|Marine salvage#Pure_salvage|pure salvage}} as it is done for self gain/enrichment, not as a good Samaritan. | ||
One of the greatest examples of war profiteering occured during the [[Second Great War]] and involved a syndicate of military officers, public officials, mafiosos, and logistics concerns. It spanned the entire world and is estimated to have generated a black market that is valued at $18.2 billion in 1948 talers. | One of the greatest examples of war profiteering occured during the [[Second Great War]] and involved a syndicate of military officers, public officials, mafiosos, and logistics concerns. It spanned the entire world and is estimated to have generated a black market that is valued at $18.2 billion in 1948 talers. | ||
All records of the syndicate have since been destroyed or lost in the archives but an unending investigation be [[Urcea]]n authorities have postulated that concerns from [[Burgundie]], [[Caphirian]], [[Kiravia]], and [[Yonderre]] were involved or complicit. They primarily used tax records to track who was a millionaire after the war that had not been one before. It is estimated that those who made the most money were more capable of hiding it andsy never be caught. | All records of the syndicate have since been destroyed or lost in the archives but an unending investigation be [[Urcea]]n authorities have postulated that concerns from [[Burgundie]], [[Caphirian]], [[Kiravia]], and [[Yonderre]] were involved or complicit. They primarily used tax records to track who was a millionaire after the war that had not been one before. It is estimated that those who made the most money were more capable of hiding it andsy never be caught. | ||
[[Category: Economy]] | |||
[[Category: Crime]] | |||
[[Category: Conflicts]] | |||
Latest revision as of 19:13, 29 April 2023
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War profiteering is when any person or organization derives profit from warfare or by selling weapons and other goods to parties at war. The term typically carries strong negative connotations.
It is considered legally unique from prize or repurposement as it's purpose is to aquire funds and not to aquire equipment for mission execution. It is also unique from pure salvage as it is done for self gain/enrichment, not as a good Samaritan.
One of the greatest examples of war profiteering occured during the Second Great War and involved a syndicate of military officers, public officials, mafiosos, and logistics concerns. It spanned the entire world and is estimated to have generated a black market that is valued at $18.2 billion in 1948 talers.
All records of the syndicate have since been destroyed or lost in the archives but an unending investigation be Urcean authorities have postulated that concerns from Burgundie, Caphirian, Kiravia, and Yonderre were involved or complicit. They primarily used tax records to track who was a millionaire after the war that had not been one before. It is estimated that those who made the most money were more capable of hiding it andsy never be caught.