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1. Property communally owned by major corporations (big business, mega-corps), with the production and distribution of goods and services, supported and determined by limited competition in the marketplace. 2. Government contracts (usually military) are given to corporations. Also, known as "corporate welfare". 3. The "Military-Industrial Complex" mentioned by President Dwight Eisenhower in his final speech. Attributed to Cenk Uygur, host and founder of the progressive media group, "The Young Turks". Originally created by Francwa Sims, author of the "Anacostia Diaries: The Rants of a Madman, 2002".
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