War profiteering: Difference between revisions

War profiteering (view source)

No change in size , 29 April 2023

m

no edit summary

7,674

edits

@@ Line 3: / Line 3: @@
 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 also unique from {{wpl|Marine salvage#pure salvage|pure salvage}} as it is done for self gain/enrichment, not as a good Samaritan.
+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.