John Perkins | Confessions of an Economic Hit Man, 3rd Edition
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John Perkins | Confessions of an Economic Hit Man, 3rd Edition
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Oct 11, 2022
Confessions of an Economic Hit Man Summary
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John Perkins, author of Confessions of an Economic Hitman, provides a chilling look at how multinational corporations, in collusion with intelligence agencies, shape the world economy to their advantage. Perkins reveals how, under the guise of international aid and economic development, powerful entities manipulate countries, particularly in the Global South, into unsustainable debt. These tactics often result in the loss of sovereignty, with governments forced to make decisions that favor corpo
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In Confessions of an Economic Hitman, John Perkins describes how developing nations are manipulated into economic dependence through loans and investments that benefit multinational corporations rather than local populations. According to Perkins, “economic hitmen” (EHMs) persuade these nations to accept massive loans for infrastructure projects, leading to unsustainable debt and allowing lenders to demand political and economic concessions. Resource-rich countries are especially targeted, as th
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