Clash Royale CLAN TAG #URR8PPP Part of a series on State monopoly capitalism Terms Coercive monopoly Corporate personhood Corporate welfare Government-granted monopoly Intellectual property License Limited liability Regulatory capture Regulation Subsidy Tariff Ideas Advocacy group Lobbying Theory Conflict of interest Principal–agent problem Rent-seeking Issues Agricultural subsidy Military–industrial complex The New Deal and corporatism Ideologies Protectionism See also Crony capitalism Corporatism State capitalism State monopoly capitalism v t e President Dwight D. Eisenhower famously warned U.S. citizens about the "military–industrial complex" in his farewell address. The military–industrial complex ( MIC ) is an informal alliance between a nation's military and the defense industry that supplies it, seen together as a vested interest which influences public policy. [1] [2] [3] [4] A driving factor behind this relationship between the government and defense...