Confessions of an Economic Hit Man

Front Cover
Berrett-Koehler Publishers, Nov 9, 2004 - Biography & Autobiography - 250 pages
Find out more about this important book and the worldwide movement it has spawned at www.economichitman.comA New York Times bestseller!Read what people are saying about this book and join the conversation?visit our Confessions blog todayRead a transcript of John Perkins' recent interview with Amy Goodman on Democracy Now!Read David Korten's review on www.dragonflymedia.comAn extraordinary, real-life tale of international intrigue and corruptionReveals 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 relationshipOne man's personal journey from eager servant of empire to impassioned advocate for the rights of oppressed peopleIn 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.
 

Selected pages

Contents

PREFACE
ii
PROLOGUE
xxvi
An Economic Hit Man Is Born
3
In for Life
34
Indonesia Lessons for an EHM
62
Saving a Country from Communism 72 CHAPTER 5 Selling My Soul
87
My Role as Inquisitor
109
Civilization on Trial
123
Jesus Seen Differently
140
Opportunity of a Lifetime
154
Panamas President and Hero
176
Pirates in the Canal Zone
193
Soldiers and Prostitutes
204
Conversations with the General
219
Entering a New and Sinister Period in Economic
238
The Saudi Arabian Moneylaundering Affair 253 CHAPTER 16 Pimping and Financing Osama bin Laden 296 PART III 19751981
319

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About the author (2004)

John Perkins was born on January 28, 1945 in Hanover, New Hampshire. He attended Brown University, and Boston University School of Management during the 1960s. His best-known book is Confessions of an Economic Hit Man (2004), an insider's account of the exploitation or neo-colonization of Third World countries by what Perkins describes as a cabal of corporations, banks, and the United States government. His 2007 book, The Secret History of the American Empire, provides more evidence of the negative impact of global corporations on the economies and ecologies of poor countries, as well as offering suggestions for making corporations behave more like good citizens. Since the late 1980's he has been heavily involved with non-profit organizations in Ecuador and around the world.