Confessions of an Economic Hit Man

Confessions of an Economic Hit Man

About Author 

Author John Perkins was born in the United States on January 28, 1945. Perkins received his diploma in 1963 from the Tilton School. He then went to Middlebury College for two years and then left. Later, in 1968, John graduated with a Bachelor of Science in business administration from Boston University. 

In his best-known work, Confessions of an Economic Hit Man (2004), Perkins explains how he participated in the economic colonization of Third World nations on behalf of a group of banks, businesses, and the US government. The book was on the New York Times bestseller list for over 70 weeks. 

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Summary 

Perkins’ work with the engineering consulting firm Chas. T. Main in Boston is described in the book. Before joining Main, Perkins had a job interview with the National Security Agency (NSA), which he alleges was involved. The author claims that this interview essentially served as an independent screening process that resulted in his later employment by the firm’s vice president (and purported NSA liaison), Einar Greve, as a “economic hit man.” Claudine Martin, a Chas. T.

Main entrepreneur, allegedly wooed and trained Perkins as a “economic hitman” and utilised his NSA personality profile to control and manipulate him. 

Perkins said his role at the company was to persuade leaders of developing nations to take out huge development loans for engineering and building projects. Making sure that these projects were awarded to American businesses, these loans gave the US access to natural resources and political clout, so benefiting wealthy families and local elites more than the impoverished. 

Both the idea that “all economic growth benefits humankind, and that the greater the growth, the more widespread the benefits” and U.S. foreign policy are strongly criticized in the book. Using the rise in wealth inequality, the exploitation of cheap labour by huge U.S. corporations, and the destruction of local environments by oil companies as examples, Perkins argues that, in many circumstances, just a small percentage of the population gains at the expense of the rest. 

Confessions of an Economic Hit Man

The United States became a global empire because of what Perkins refers to as a system of corporatocracy and avarice, in which he served as a “economic hit man” to further its power. Perkins describes his encounters with notable people in this role, such as Omar Torrijos and Graham Greene. 

What is an economic hitman? 

Perkins outlines the following functions of an economic hit man: 

Highly compensated specialists known as “economic hit men” (EHMs) defraud nations worldwide of trillions of dollars. They transfer funds from the U.S. Agency for International Development (USAID), the World Bank, and other foreign “aid” agencies into the fortunes of a select few affluent families who control the planet’s natural resources and the treasuries of massive businesses. Among their tactics were extortion, sex, murder, payoffs, manipulated elections, and false financial reports. They engage in an ancient game that has evolved into a terrible new one in the age of globalisation. 

Review 

According to readers, the book “”Economic Hit Man by John Perkins”” is engaging and offers a thorough and succinct critique. They say it is enjoyable, engaging, and good reading. Also, readers believe it’s an excellent edition and worth the money. 

Consumers found the book to be thorough, intriguing, and exciting. They claim it opens their eyes to how the world functions and challenges the lessons they learn in school. The book’s organisation and explanations are also praised by readers.

John recounts his real-life experiences, including encounters with several famous people and presidents, in the first half, which is interesting. 

However, it then drags and falls into mediocrity, becoming a little nauseating as he begins to promote his own humanistic religion and new age philosophies, which include a lot of pop culture icons. Eventually, it splinters into lengthy lists of corporatocracy crimes and wikileaks releases. 

At the time, this book was a groundbreaking eye-opener, particularly for people who had complete faith in the US government, the World Bank, and the IMF. 

Conclusion

To sum up, “Confessions of an Economic Hitman by John Perkins “ is a sobering exposé of the strategies employed to maintain an unbalanced global economic system, not merely a personal memory. Unsettling facts about the power structures in our world are revealed as it explores the murky world of international finance. It acts as a reminder that if people take action and remain conscious, change may occur and the world can become more egalitarian. And if you want to read more about it visit Pen To Press Publication.

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