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The New Confessions of an Economic Hit Man

ebook
1 of 1 copy available
1 of 1 copy available
Featuring 15 explosive new chapters, this new edition of the New York Times bestseller brings the story of Economic Hit Men up-to-date and, chillingly, home to the U.S.―but it also gives us hope and the tools to fight back.
The previous edition of this now-classic book revealed the existence and subversive manipulations of "economic hit men. John Perkins wrote that they are highly paid professionals who cheat countries around the globe out of trillions of dollars. Their tools include fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder. In Perkins's case the tool was debt-convincing strategically important countries to borrow huge amounts of money for enormous, development projects that served the very rich while driving the country deeper into poverty and debt. And once indebted, these countries could be controlled.
In this latest edition, Perkins provides revealing new details about how he and others did their work. But more importantly, in an explosive new section he describes how the EHM tools are being used around the world more widely than ever-even in the U. S. itself. The cancer has metastasized, yet most people still aren't aware of it. Fear and debt drive the EHM system. We are hammered with messages that terrify us into believing that we must pay any price, assume any debt, to stop the enemies who, we are told, lurk at our doorsteps. The EHM system-employing false economics, bribes, surveillance, deception, debt, coups, assassinations, unbridled military power-has become the dominant system of economics, government, and society today. It has created what Perkins calls a Death Economy. But Perkins offers hope: he concludes with dozens of specific, concrete suggestions for actions all of us can take to wrest control of our world away from the economic hit men, and help give birth to a Life Economy.
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  • Reviews

    • Publisher's Weekly

      December 21, 2015
      Conspiracy buffs are most likely to enjoy this updated version of a memoir that was a surprise bestseller in 2004; others, even those who believe that American economic policies have not been an unmitigated good for the developing world, will find Perkins’s allegations unpersuasive. In 1971, Perkins, a business school graduate who had served in the Peace Corps, was approached by a mysterious recruiter assigned to “mold” him into a so-called economic hit man (EHM). EHMs were charged with encouraging world leaders to “become part of a vast network that promotes U.S. commercial interests,” ensnaring those leaders “in a web of debt.” This revised version, he states, was written to answer the thousands of emails he received from readers interested in what they could do to resist. But while Perkins devotes an entire chapter to the topic, even admirers who believe Perkins’s unsubstantiated accounts of U.S. involvement in the assassination of Central American leaders will scratch their heads at his advice. Having created a list of ways to spread social justice, Perkins prefaces it with the incongruous injunction to “Enjoy the process. Follow your bliss. Make it fun.”

    • Library Journal

      February 15, 2016

      Perkins, former chief economist at a major international consulting firm, here updates and expands his 2004 Confessions of an Economic Hit Man. He defines economic hit men (EHM) as "highly paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, the U.S. Agency for International Development (USAID), and other foreign 'aid' organizations into the coffers of huge corporations and the pockets of a few wealthy families who control the planet's natural resources." Perkins relates his story from his boyhood through his recruitment as an EHM, traveling the world and experiencing as a direct participant or witness events such as Saudi Arabian money laundering, Panama Canal negotiations, the death of Omar Torrijos of Panama, and events leading up to the invasion of Iraq. Along the way, Perkins recounts an encounter with spy novelist Graham Greene, threats to his family, a possible poisoning, and the decision to write of his experiences. He concludes by offering advice on how to create a better world, including specific guidance for students, retirees, corporations, and entrepreneurs. VERDICT An intriguing, vivid account of Perkins's "living on the edge" experiences, this fascinating read is of the truth-is-stranger-than-fiction variety.--Lucy Heckman, St. John's Univ. Lib., Queens, NY

      Copyright 2016 Library Journal, LLC Used with permission.

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