Confessions of an Economic Hit Man: The Shocking Story of How America Really Took Over the World
"Economic hit men," John Perkins writes, "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."
John Perkins should know--he was an economic hit man. His job was to convince countries that are strategically important to the U.S.--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. Saddled with huge debts, these countries came under the control of the United States 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 New York Times bestseller exposes international intrigue, corruption, and little-known government and corporate activities that have dire consequences for American democracy and the world. It is a compelling story that also offers hope and a vision for realizing the American dream of a just and compassionate world that will bring us greater security.
The word-of-mouth bestseller that has swept America - A true insider reveals the shocking inner workings of America's global imperialism
John Perkins was covertly recruited to be an economic hit man (EHM) by the US National Security Agency during his last year at Boston University's School of Business Administration, in the late 1960s. As Chief Economist for the international consulting firm Chas. T. Main from 1971 to 1981, he convinced underdeveloped countries to accept massive loans for infrastructure development and ensured that the projects were contracted to multinational corporations. The countries acquired enormous debt, and the US and international aid agencies were able to control their economies.