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Hoodwinked: An Economic Hit Man Reveals Why the World Financial Markets Imploded & What We Need to Do to Save Them
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Hoodwinked: An Economic Hit Man Reveals Why the World Financial Markets Imploded & What We Need to Do to Save Them

3.84  ·  Rating details ·  787 ratings  ·  72 reviews
John Perkins has seen the signs of today's economic meltdown before. The subprime mortgage fiascos, the banking industry collapse, the rising tide of unemployment, the shuttering of small businesses across the landscape are all too familiar symptoms of a far greater disease. In his former life as an economic hit man, he was on the front lines both as an observer and a perp ...more
Hardcover, 256 pages
Published November 10th 2009 by Crown Business (first published January 1st 2009)
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3.84  · 
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 ·  787 ratings  ·  72 reviews

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Will Byrnes
Nov 12, 2009 rated it liked it
Shelves: nonfiction, economics
Perkins’ Confessions of an Economic Hit Man was a scorching look at how western capital exploits third world countries in order to use their resources and encourage them to take on unsupportable mounds of debt to ensure their future subservience. He is back in familiar, shark-infested waters showing how the forces that made an art of international rape and pillage are applying the same methods inside the USA.

John Perkins

Perkins touches on a wide range of topics, all relevant, and all interestin
Jan 03, 2011 rated it liked it
Shelves: non-fiction
I first heard about John Perkins when my husband read Confessions of an Economic Hit Man. In that book, he discusses how he was employed by a consulting firm to essentially bribe leaders of third-world countries to accept huge loans that would end up leaving their countries so indebted they would have no choice but surrender their natural resources to US corporations at bargain basement prices free of any pesky environmental regulations.

I've been meaning to read that one for a while now, but op
Mar 09, 2010 rated it liked it
The title of this book is misleading. It isn't really a treatment specifically explaining why financial markets imploded. It's more of a concise explanation of how U.S. predatory capitalism has really operated in the world over the last forty years. In other words, it's something of a handy rewrite of the author's Confessions of an Economic Hitman. But this one is more streamlined, and he gets to anticipate objections better. Also, here, Perkins is more positive about the future of capitalism, e ...more
Ellen Christian
Dec 19, 2009 rated it it was amazing
I was really amazed when reading this book that these things actually go on. OK, call me naive but the thought that our government and large corporations send businessmen (ie hitmen) to other countries with the sole intention of conning them into giving us their natural resources and going into debt just disgusts me.

John Perkins really opens readers eyes to what's going on in the global market. He gives an insight into the global meltdown that many people haven't previously considered. He discus
Jan 04, 2011 rated it liked it
Shelves: economics
I was going to review this book, but I made to mistake of checking for friend reviews first and there is no point now:

I can only add that the book Lena is looking for about the GFC is this one:

and if she would like more the four books in the Blowback series gives more detail on US foreign policy for corporate benefit:

Vale Mr Johnson - you are sorely missed.

I sincerely hope Mr
Mike S
Feb 25, 2010 rated it it was amazing
Shelves: non-fiction
I thought this was a good followup to Confessions of an Economic Hit Man, he explains what's going on with our economy, stresses that this gov't cannot continue it's atrocious policies without our consent, and gives examples of ways you we can change things non-violently. I would have liked a little more detail but it's still a worthwhile read.
Dec 05, 2012 rated it liked it
for those who do not know enough of the elite level operations (Illuminati), then this book serves as basic entry of how EHM (foot soldiers) have been continuing casting damages on other countries, regardless of any countries. Perkins only touches the basic surface of the global operations of those in higher up at the Elite level by stating the flaw lies on economic idealogy shift from Keynesian to M. Friedman during the Reagan year. Of pure deregulation or no government intervention which becam ...more
Jan 06, 2010 rated it really liked it
This book is a good starting point for somebody that doesn't know alot about, or wants recent information on corporate greed and government deregulation's role in the economic crisis that was manufactured and brought to this country and how the same policies and philosophies have been used in other countries for years as a means of exploiting the world's resources for profit. Fun Stuff!!!
Jan 25, 2010 rated it it was amazing
Good follow up to Confessions of an Economic HitMan.
Mar 16, 2017 rated it it was amazing  ·  review of another edition
I don't put bumper stickers on my car, but if I did, I always thought that this would be the one I would put on: "I Love My Country, But I Fear My Government." Now, after reading John Perkins' book, "Hoodwinked: An Economic Hit Man Reveals Why the Global Economy IMPLODED--and How to Fix It," I more firmly believe this idiom.

If you want to know why our government is solely responsible for the 9-11 attacks and the deaths of 2,977 innocent people, and the illness and deaths of countless others over
Jun 21, 2017 rated it it was amazing
Exhilarating read. I am officially now a fan of John Perkins. Having read and quoted his book - the confessions of an economic hitman for quite some time now, this widens the horizon created by that book considerably.

Looking forward to a John Perkins binge read.
Albert Lopez
Dec 09, 2017 rated it it was amazing  ·  review of another edition

How we try and control other countries, agriculture, World Bank , loans , poverty, ruin local farmers and local company’s.
Nov 18, 2017 rated it it was ok
Great theories of how corporatocracy worked. Vague solutions.
I have to give Perkins a lot of credit for what he’s done in this book.

Most importantly, Perkins identifies immediate problems, and provides tangible solutions that can be carried out individually on a daily basis, (i.e. spending our money only with firms that operate in a socially and environmentally sustainable way). While the solutions that Perkins proposed are not exhaustive, they do rely on the rudiments of capitalism, and therein provide a solid and realistic foundation upon which to build
Mark Valentine
Mar 12, 2016 rated it really liked it
Perkins continues on his earlier themes from his two earlier exposes, Confessions of an Economic Hitman and the Secret Empire. In this third installment, he casts his perspective of the recent financial meltdowns and links the defaults and collapses to trend established starting with Reagan and the de-regulation wave. Perkins calls the current malaise "mutant capitalism" and uses the term, 'corporatocracy' to describe the merger between big business and government and those chieftains who cross ...more
Jul 12, 2013 rated it really liked it
This book is definitely enjoyable, entertaining and gives you good hopes.
But its not what the title says..\

in this book perkins do explain some policies followed by the free market that led to the crises, but he didn't explain how did the crises happened technically.

he didnt differentiate between whats an economical theories and between those who took advantage of it.

fredrich von hayek was a pro free market advocate his entire life, only when he was really old the markets started to take the sh
Mar 21, 2010 rated it really liked it
This is a guest review by my husband Bill. Welcome Bill!

Thanks to Teddy for requesting this book for me to review. It was one I highly coveted.

After Confessions of an Economic Hit Man and The Secret History of the American Empire, Hoodwinked is the latest in John Perkins trilogy explaining how predatory capitalism has formed an unholy alliance with the imperialism of the American empire to threaten the economic, social and environmental fabric of the world. While it can stand on its own for thos
Benj FitzPatrick
Sep 05, 2011 rated it liked it
The format and tone carry over from the first book, which made transitioning into the conceptual framework simple. His premise that the US and other 1st world countries exhibit the same traits as 3rd world countries is interesting and reasonably well supported (by his arguments/examples). As before, there are not enough examples, and the ones provided do not go in depth. Moreover, in this book he teases the reader with even fewer details in his examples. I am not so sure that I buy China as bein ...more
Edwin Dando
Aug 03, 2013 rated it really liked it
Good easy read on how a small minority of powerful rich in America have raped and pillaged other countries using debt as their weapon, and then finally how they then turned on their own people and screwed America. Written for an insiders perspective it is factual, frightening and enlightening.

Educate yourself on what has really been going on behind the corporate controlled media garbage we've been spoon fed.

The second half of the book covers strategies re what we can do about it.

Perkins is an i
Mar 01, 2010 rated it it was amazing
I really recommend this book. Aside from the self congratulatory asides where the author details his sexual conquests, I found it incredibly insightful into the huge problem of economic exploitation by the part of "economic hit men" who reduce third world countries to a dependent status in a controlled, calculated series of maneuvers.

It is frightening information, and I am glad the author decided to detail the operations he's been a part of. His observations are horrific when it comes to the im
Meme Grey
Sep 06, 2014 rated it it was amazing
An amazing read, John Perkins really opened my mind to what is going on in this crazy world, We should all read this book, it will really make you angry just what is going on across the Globe by a small group of capitalists, hidden from view.
I am not in America, but Great Britain, and am well aware that our system is also corrupt and damaged in fact the Whole Western view point of Profit at any cost is a Human disaster that is already imploding, we can look at the Globe and see this happening, b
Bahar Tajrobehkar
Dec 24, 2013 rated it really liked it
Great book. I like the author - once again, very eye-opening. Here is a paragraph from the last page of the book: "Whether you are a student, dentist, plumber, housewife or something else, you can talk to your friends, family and clients about the issues, join organizations that represent your passions, send e-mails, use materials that are environmentally and socially responsible, support politicians who take actions oriented to benefit future generations, vote in the marketplace for companies c ...more
Sep 09, 2012 rated it liked it
A very good "insiders" look at how our corporations, politicians & financial wizards are taking us down the path of destruction. Unfortunately, we have a long way to go to turn the tide around.

Quote from “ Essential Information and the Consumer Education Foundation:

“The financial sector invested more than $5 billion in political influence purchasing in Washington over the past decade, with as many as 3,000 lobbyists winning deregulation and other policy decisions that led directly to the cur
Jul 26, 2012 rated it did not like it
This man is a triple agent not a ex hitman turned good. He uses his popularity and "know how" to make people buy green not buy less. I spoke with this man and even had a few drinks with him at the local bar. He did not even want to touch steady state economics with a 10 foot pole. I read some of his work with an open mind to understand where he is coming from. This book does raise awareness of predatory capitalism but he has no real solutions in a world with real problems.
Daniel Milano
Jun 30, 2012 rated it liked it
A less 'tight ' argumentation on how the destructive mercantilism has long term severe adverse impact. Mr Perkins however convincingly demonstrates how societies that have a greater participation from women in both the political and economic arena are more prosperous, peaceful while remaining vibrant and creative. Ladies, just take whAt is rightfully yours: your leading role. Don't ask, just take. Polite girls sometimes don't go far enough.
Dec 12, 2013 rated it it was ok
Shelves: economics, politics
I found the book repetitive. The main idea is that big corporations seek only to maximize their profits regardless of any other matter. They ignore environmental issues and they are careless about the wellness of whole the world. Corporate executives are paid so much to achieve this goal and they are also involved in political decision, which makes it worse. It is a good book, however it didn't provide much information or details !
Apr 12, 2011 rated it liked it
Quite a quick read, really explains corporate power. Not as good as Confessions of an Economic Hitman, and devoid of the personal awakening that Wendell Potter demonstrates in The Deadly Spin, making me wonder if this Robin Hood is rather just looking to capitalize on his less than heroic past life.
For those who want to know more about the current state of our world, and a crash course in real-life Business Ethics cases, check this book out (of a library, preferably).
Kristin Traylor
Apr 22, 2012 rated it it was amazing
Excellent Book! The first half is devoted to describing the problems of the world, and the second half to their solutions. It's not that often that I see an author give so much space to solutions! As an "economic hit man" he said he watched many countries go down after they got manipulated by debt to the corporatocracy, but none as quickly as the US did in 2008. He makes a good case for all his points, and also gave me a feeling of hope for 2012.
May 03, 2014 rated it liked it
Back when i first becoming radicalized I really enjoyed John Perkins the information he provided me. Since then I have come to find him being a green capitalist and as much as I want to believe we can save the world without purchasing power I do not agree. The book makes it clear that we are headed for a cliff perhaps already over it, much like coyote in the cartoon we just don't know that we are about to fall.
Dec 25, 2009 rated it liked it
Perkins writing is almost simplistic in it's style and his name dropping anecdotes can be annoying. Yet this very characteristic allows him to explain complex issues clearly and simply. He gets to the heart of what's wrong with corporate capitalism in a way anyone can understand. His solutions may also sound overly simple minded. But he's right that every individual needs to take personal responsibility and work for change. No one, least of all politicians, are going to do it for us.
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Economic Hit Man 2 11 Feb 05, 2012 07:08PM  

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John Perkins is an activist and author. As a former chief economist at Boston strategic-consulting firm Chas. T. Main, Perkins says that he was an "economic hit man" for 10 years, helping U.S. intelligence agencies and multinational corporations cajole and blackmail foreign leaders into serving U.S. foreign policy and awarding lucrative contracts to American business.

However, after several years s