Chris's review of Confessions of an Economic Hit Man
Confessions of an Economic Hit Man by John Perkins
This book probably would have enraged me if I hadn't already more or less known what it was talking about. As it was, I was resigned and depressed.
The book is a short autobiography of an Economic Hit Man (EHM) who saw the error of his ways. The idea of the EHM, as he describes it, is to manipulate the governments of developing nations to accept huge loans from the IMF and the World Bank based on inflated projections of future income, under the theory that they would experience huge economic gains from the projects - things like electrical grid upgrades, roads, dams and the like. These nations would them become indebted to the United States and forced to give business to US corporations, thereby effectively putting that nation under US control. He calls it the Corporatocracy, and he was a part of it. He traveled around the world to manipulate cash-strapped world leaders into signing their nations over to the control of us corporate interests.
He describes himself as one of the ea...more
The book is a short autobiography of an Economic Hit Man (EHM) who saw the error of his ways. The idea of the EHM, as he describes it, is to manipulate the governments of developing nations to accept huge loans from the IMF and the World Bank based on inflated projections of future income, under the theory that they would experience huge economic gains from the projects - things like electrical grid upgrades, roads, dams and the like. These nations would them become indebted to the United States and forced to give business to US corporations, thereby effectively putting that nation under US control. He calls it the Corporatocracy, and he was a part of it. He traveled around the world to manipulate cash-strapped world leaders into signing their nations over to the control of us corporate interests.
He describes himself as one of the ea...more
comments
No comments have been added yet.
