Journal of Political and Military Sociology, Spring 1989.Refereed Journal ArticleThe purpose of tflis paper is to attempt to integrate several strands of the
literature on third world arms production/military expenditures and, in the
process, demonstrate the manner in which these two elements are interrelated.
More specifically, we are interested in developing a framework that
merges several elements of the Classical (high opportunity cost), Keynesian
(source of employment and output), and Marxist (falling productivity of
capital) approaches to the analysis of third world arms production/military
expenditures
