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Book review: "The Modern Mercenary: Private Armies and What They Mean for World Order"

Author: Economist, Published on: 9 January 2015

As Sean McFate shows in a fascinating and disturbing book, “The Modern Mercenary”, the provision of private armies to the world’s conflict zones has boomed in the past 25 years. The market for these firms could evolve from a monopsony, in which the dominant buyer has been the American government, into something more open and competitive. As it does so, he argues, these armies may turn from a force that is mostly for peace into a threat...[refers to Academi (formerly Blackwater), Dyncorp]

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Related companies: Academi (formerly Blackwater) DynCorp