ficient antidote to the threat of foreign control over U.S. military industrial and foreign policy.
As Raymond Vernon argues, in the new global economy "no country can hope to maintain an autarkic policy . . . except at significant cost in terms of the efficiency of its military establishment. 96 A 1991 Department of Defense report to Congress expresses optimism that a globalized defense sector can be managed to the advantage of U.S. national security interests. It states that the government has the proper tools to protect U.S. national security from undue foreign control while ensuring domestic defense companies continued access to foreign capital. The Pentagon also states that it can identify and manage the continued supply of critical materiel and is confident of its ability to establish a second, domestic source for critical materials if there is a risk that continued supply from a foreign source may be interrupted. 97 This chapter supports that conclusion. The United States, at this particular juncture of history, is in a unique position to provide leadership in the world's military-industrial sector, the arms trade, and in arms control initiatives. May it use this opportunity wisely.