The phrase “military-industrial complex” was coined by President Eisenhower in his farewell address to the nation in 19611. In this address, Eisenhower spoke of the deterrence value of military strength:
A vital element in keeping the peace is our military establishment. Our arms must be mighty, ready for instant action, so that no potential aggressor may be tempted to risk his own destruction.
Simultaneously, he warned of the potential danger in the growing relationship between the military establishment and the defense industry:
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