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Confessions of an Economic Hit Man - cover

Confessions of an Economic Hit Man

John M. Perkins

Publisher: Berrett-Koehler Publishers

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Summary

Find out more about this important book and the worldwide movement it has spawned at www.economichitman.com
A New York Times bestseller!
Read what people are saying about this book and join the conversation--visit our Confessions blog today
Read a transcript of John Perkins' recent interview with Amy Goodman on Democracy Now!
Read David Korten's review on www.dragonflymedia.com
An extraordinary, real-life tale of international intrigue and corruption
Reveals the hidden mechanics of imperial control behind such major international events as the fall of the Shah, the death of Panamanian president Omar Torrijos, and the invasions of Panama and Iraq, as well as providing an inside view of the corrupt U.S.-Saudi Arabian relationship
One man's personal journey from eager servant of empire to impassioned advocate for the rights of oppressed people
In his controversial book, John Perkins tells the gripping tale of the years he spent working for an international consulting firm where his job was to convince underdeveloped countries to accept enormous loans, much bigger than they really needed, for infrastructure development--and to make sure that the development projects were contracted to U. S. multinationals. Once these countries were saddled with huge debts, the American government and the international aid agencies allied with it were able, by dictating repayment terms, to essentially control their economies. It was not unlike the way a loan shark operates--and Perkins and his colleagues didn't shun this kind of unsavory association. They referred to themselves as "economic hit men."
This is a story of international political intrigue at the highest levels. For over a decade Perkins traveled all over the world--Indonesia, Panama, Ecuador, Columbia, Saudi Arabia, Iran--and worked with men like Panamanian president Omar Torrijos, who became a personal friend. He helped implement a secret scheme that funneled billions of Saudi petrodollars back into the U. S. economy, and that further cemented the intimate relationship between the Islamic fundamentalist House of Saud and a succession of American administrations. Perkins' story illuminates just how far economic hit men were willing to go, and unveils the real causes of some of the most dramatic developments in recent history, such as the fall of the Shah of Iran and the invasions of Panama and Iraq. Confessions of an Economic Hit Man, which many people urged Perkins not to write, is a blistering attack on a little-known phenomenon that has had dire consequences for both the lesser-developed countries and for American democracy.

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