This extraordinary true story exposes international intrigue, corruption, and little-known government and corporate activities that have dire consequences for American democracy and the world.
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This extraordinary true story exposes international intrigue, corruption, and little-known government and corporate activities that have dire consequences for American democracy and the world.
Perkins writes that his economic projections cooked the books Enron-style to convince foreign governments to accept billions of dollars of loans from the World Bank and other institutions to build dams, airports, electric grids, and other infrastructure he knew they couldn't afford. The loans were given on condition that construction and engineering contracts went to U.S. companies. Often, the money would simply be transferred from one bank account in Washington, D.C., to another one in New York or San Francisco. The deals were smoothed over with bribes for foreign officials, but it was the taxpayers in the foreign countries who had to pay back the loans. When their governments couldn't do so, as was often the case, the U.S. or its henchmen at the World Bank or International Monetary Fund would step in and essentially place the country in trusteeship, dictating everything from its spending budget to security agreements and even its United Nations votes. It was, Perkins writes, a clever way for the U.S. to expand its "empire" at the expense of Third World citizens. While at times he seems a little overly focused on conspiracies, perhaps that's not surprising considering the life he's led. --Alex Roslin --This text refers to an out of print or unavailable edition of this title.
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Most Helpful Customer Reviews
422 of 454 people found the following review helpful:
5.0 out of 5 stars
No proof required,
By
This review is from: Confessions of an Economic Hit Man (Hardcover)
Many of the reviews here refute the truthfulness of this book because Perkins does not provide evidence for every one of his claims. But, this is precisely what makes the book an exciting and fast read. How can Perkins be expected to provide evidence for influencing events in other countries? Where should we expect to find documentation of these nefarious deeds? The inner workings of organizations like MAIN, Halliburtion, and Brown & Root are only ever known when a dissenter arises.
From my perspective, it all seems to add up. I lived in Ecuador in the 80s. I was young (18), and I didn't know much about politics at the time. I personally saw many of the projects that Perkins speaks of in this book. I heard the complaints from my Ecuadorian friends about how the U.S. was bankrupting their economy by "loaning" money for extensive construction projects. I saw the jungle along Rio Napo being deforested by unknown (to me) companies. I spent time in oil towns in the jungle -- like Shell. I saw the dam that Perkins speaks of in his book. The only way to gather proof about the truthfulness of his claims is to see it first hand. Though I seriously doubt that most of us have the guts to travel to the places where these things happen. Denial, regarding these issues, seems terribly naive.
119 of 130 people found the following review helpful:
5.0 out of 5 stars
The personal illuminates the global,
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This review is from: Confessions of an Economic Hit Man (Hardcover)
It is often the personal stories that tell the bigger truths. As with Barbara Ehrenreich's intensely personal Nickel and Dimed, Perkins' story illuminates a larger picture in a way that more scholarly treatises cannot match. I value the perspective I get from Noam Chomsky and Chalmers Johnson and many others who have written about our modern empire. None of these works, though, explains it from the ground up. Perkins does that.
In this book, written in spurts since the early 1980s, Perkins really does tell it like it is. This is the book I have been waiting for, the book that fills in the blanks left behind by the writers of global theories, the book that tells us how it really happens. It is one thing to read that the United States engineered ousters of democratically-elected leaders who did not do the bidding of our corporations. It is another to read of the actual steps that led to these actions. As one who likes to be able to visualize all the steps, I found great comfort in reading a well-written personal story that allows me to do this. In this rightly-named confession, Perkins puts on his hair shirt and chastises himself as he explains how he gave in to temptation again and again over several decades, while he worked to build an American corporation's profits at the expense of third-world countries. He does not describe in detail the benefits he accrued from being Satan's handyman. We do not hear stories of his exploits with women, of his flaunting his power, the meat of a LifeTime movie. These fruits of his labor are glossed over in favor of greater descriptions of the occasional pangs of conscience. Take it as a given, then, that Perkins was right for the job of economic hit man because he was so easily tempted by material wealth, power, and adulation. There was, in his character, though, a little hint of conscience. He was interested in the world's people, happy to learn other languages and ways of living, open to old as well as new ideas. Thus he was able to make a more honest comparison of the world according to global corporations and the world as seen and lived by indigenous people. And he was able to see that his work only benefitted the few. There was in him, as well, the radical view that a benefit to the few was not much of a benefit. I can see this story translated successfully to the big screen; either as a documentary or as the story of one man. Two very different films; either would be dramatic and informative. There are scenes in this book that could have come from a Graham Greene novel (and let's not forget that Greene tells the truth through fiction): clandestine meetings, sudden flights to escape uprisings, epiphanies on the beach. By its nature, a memoir of this type cannot fully be documented. To the extent that it could be, it is, with many pages of notes and references. These private memories, though, may never be proven to be either true or false. It is my greatest wish that Perkins is telling the whole truth all the way through. Even the smallest of fibs could tarnish a work of great importance, given our media's inability to see bigger pictures. The real message, though, is clearly written and inescapable: this is not the story of "they", a "they" that can simply be removed from power. It is the story of us.
328 of 375 people found the following review helpful:
5.0 out of 5 stars
For History look elsewhere, for a sound, engaging critique read it.,
By
This review is from: Confessions of an Economic Hit Man (Hardcover)
John Perkins was interviewed by Leonard Lopate on WNYC Radio in New York. You can listen to the interview and make your own decision about John's book.
http://www.wnyc.org/shows/lopate/episodes/11082004 Note: Although many other books have been written about how U.S. aid policy has been used as a means of manipulating foreign countries, the fact remains that John Perkin's book is from an insiders perspective. It exposes the truth behind how corporate greed has hijacked U.S. Foreign Policy. You can find many more books on the facts and history but for a sound, engaging critique read it.
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