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Confessions of an Economic Hit Man

Confessions of an Economic Hit Man
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Manufacturer: Blackstone Audiobooks
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John Perkins was an economic hit man. His job was to convince countries that are strategically important to the United States—from Indonesia to Panama—to accept enormous loans for infrastructure development and to make sure that the lucrative projects were contracted to U.S. corporations, such as Halliburton and Bechtel. Saddled with huge debts, these countries came under the control of the U.S. government, World Bank, and other U.S.-dominated aid agencies that acted like loan sharks, dictating repayment terms and bullying foreign governments into submission.

This extraordinary true story exposes international intrigue, corruption, and little-known government and corporate activities that have dire consequences for American democracy and the world.

 

What Customers Say About Confessions of an Economic Hit Man:

Goes perfectly with the likes of The People's History of the United States. I really loved this book because I had a sense that this was happening but I just didn't know how. Very very good book, a must read for anyone who likes to think critically about American foreign policy, the World Bank and the plight of indigenous people.

Forget democracy, as preached by President Bush, his machine is perpetuating these values - just think of the keywords "Haliburton" and "Cheney" in rebuilding Iraq. I found this book an amazing read. What was most powerful for me was how the author came to his own epiphany and changed his lifetime goals. It combined reality with subterfuge on a massive scale, and showed how modern Imperialism impoverishes third world countries while making their political families wealthy and indebting these nations. This is all deemed necessary to turn them into the pawns in the superpower chess game. The book was suppressed for some time but I for one am so pleased that it was published. Now we can do something about this.

Perkins gives these specifics and so much more. The US will then forgive some of the loans in exchange for a military base or a chance to drill for oil.

Rather Perkins tremendously gives the reader insightful information in something he calls "corporatocracy." Corporatocracy is made up of banks, corporations, and governments that each play a part in creating an American empire based on manipulation and deceit. It is not John Perkins' goal to describe his participation in some US governmental conspiracy.

If the game is played correctly, the country will not be able to pay the loan back. An economic hit man, according to Perkins, is someone who travels to less developed countries and entices them to receive World Bank loans to develop their infrastructure (such as roads, airports, electrical grids, water purification systems, dams, etc).

The catch is, the loans given to the country must be handed to the US Treasury, who in return, will disburse it among US construction companies who stand to make an enormous sum of money. The real winner of all of this is of course the US.I believe Confessions gives us a look at what we all believe is going on behind the curtain, but do not know the specifics.

I highly recommend this book.

The subject of Confessions of an Economic Hit Man is something that to much of the world outside of the USA is common knowledge but is hidden from the view of those living within its borders. It is an essential read for any American who has ever asked the question: "Why does the rest of the world hate us so much." It is an essential read for those hoping to understand the state of current world affairs and the spread of globalization. At the very least, it will either prompt you to empathise with the state of those enslaved by the system, or to reject what you have just read as utter foolishness. In either case, at least you will understand the very real mindset of people around the world.

This is an excellent book that will raise your awareness of solutions to corporate greed.

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