Confessions of An Economic Hit Man

Confessions of An Economic Hit Man

Book - 2004
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Baker & Taylor
A former consultant to the U.S. government reveals the inner workings of the high-stakes economic game that encourages Third World economies to borrow money so that major corporations like Halliburton end up getting the contracts.

Book News
Perkins was one of those highly paid professionals who cheat countries around the globe out of trillions of dollars by funneling development aid money into the coffers of huge corporations and a few wealthy families who control the planet's natural resources. Fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder are among their tools. He had begun to confess his role and expose the game since the early 1980s, but was always stopped by bribes or threats. September 11th was the final spur. Annotation ©2004 Book News, Inc., Portland, OR (

Ingram Publishing Services
Perkins, a former chief economist at a Boston strategic-consulting firm, confesses he was an ""economic hit man"" for 10 years, helping U.S. intelligence agencies and multinationals cajole and blackmail foreign leaders into serving U.S. foreign policy and awarding lucrative contracts to American business.

"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.

& Taylor

A former consultant to the U.S. government reveals the inner workings of the high-stakes economic game that encourages third world economies to borrow money so that major corporations like Halliburton end up getting the lucrative contracts.

Publisher: San Francisco : Berrett-Koehler Publishers, c2004
Edition: 1st ed
ISBN: 9781576753019
Characteristics: xxi, 250 p. : ill. ; 24 cm


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gramercygal Mar 22, 2014

This book should be required reading for anyone in HS and older. Learn how our country is screwing over the world. Raping their natural resources for our own gains ... (esp the oil companies) Destroying the rain forests; ending the growth of plants that could eventually save our lives, just so US Corps can make more and more profit. Not only that, we force these countries to borrow money that they will never be able to pay back at the interest rates we charge them, so they will be beholden to us eternally (or whenever this planet dies ... whichever comes first)

WARNING: This story will make you sad and nauseous ... but should be read to inspire us to become more proactive in our politics here.

Dec 21, 2013

Read it and weep.
If you want peace, work for justice.

Sep 06, 2013

This book is generally truthful (again, in the general sense only), but do take a skeptical attitude towards this. Perkins does a "tell all" ONLY after he's got all his money from them - - also, Perkins is evidently too spineless to state that he was working for either the Cabot Corporation, or a subsidiary of them. What he describes, Booz-Allen has long been guilty of, yet another "economic hitman firm." Real whistleblowers do so ASAP, not after they've retired with great pensions and perks from Cigna, or this guy from this firm, and so on. (The four Middle Eastern countries which didn't sign on to the banksters' WTO Financial Services Agreement were Iraq, Iran, Libya and Syria. Iraq and Libya have been taken care of, now we await Syria and Iran and the aggression aimed at those two countries?)

Oct 18, 2011

This book is well written and very enlightening. It may come as a surprise to North Americans how "economic hit men" operated and still operate in developing countries, but people living in those countries already knew (since the 50's) how the U.S. expanded its influence in the world...through economic means and by overthrowing governments. To be honest, the Soviets engaged in the same activities (including terrorism). It was all part of the Cold War. I just have a few reservations regarding the "confessions" of the author, as the way this book is written seems to appeal to an audience with progressive/slightly leftist ideals. That is curious. The authors confesses that he used to lie for a living...well it is hard to believe a liar once again.

Jan 23, 2011

you remember the coalition of the willing? you wonder where the allies that support the USA's belligerent military escapades into the middle east come from?

there are these "economic hitmen" that go into developing nations and loan money that, more likely than not, will not be repaid. instead, this loan sharking or predatory lending develops a dependence by these countries on the USA and allows us to use them much like a mafioso would his debtors.

this is a very tragic book that pulls the curtains back and shows you just what those ivy-leaguers are doing behind the scenes to make this country great, and you will feel sorry for these countries that have no choice but to follow america's orders.

Oct 12, 2010

This autobiography is an intriguing story of an economic hit man. It is the balance of a personal confession story and an insight to the history of American economics and it's impact of world politics. The books starts off slow but gets better towards the end. John Perkins has a list of notes and references for anyone wanting further information.


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