24 Jun CONFESSION OF AN ECONOMIC
Confession of an economic hit man is a book written by john Perkins that tells about his experience of working for a big international consulting firm which advised World Bank in efforts to fund developing countries worldwide. He explained how he involved in cheating poor countries and sinking those countries into insoluble debt that was to be repaid through extraction of natural resources, political support and military assistance.
Perkins in his book revealed tactics that were used to pressure those developing countries into accepting conditions and terms which would heavily affect people’s ability to survive and prosper. He reveals shocking techniques used by the then United States government and other corporate organization in maintaining the dominating role using greed and corruption to restrain other foreign governments from working on economic development.
Written in first person voice, perking explain how he begun his journey of corruption and decisiveness. The book analysis his efforts of convincing poor countries to take loans that they couldn’t afford to repay, in order for the engineering companies to develop infrastructure. The novel analysis how he traveled worldwide to self-witnessed key events including the assassination of Panama president, the fall of the shah of Iran and how Unite States invaded Panama.
After his job in 1981, Perkins founded an alternative energy company; he received tremendously support from his colleagues for remaining quite. He remained in the list if many corporations pay roll and received numerous commissions. It’s until 1990 where he sold his company and begun to fight for South Americans native culture.
Confession of an economic hit man is a story that tries to explain how far hit men were willing to go; it unveils the real causes of some of the dramatic development that was experienced in the historical times. It’s a story aimed at blistering attack to unknown phenomenon that consequences to both under developing countries and for American democracy.
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