Topic > John Perkins - Confessions of an Economic Hitman:...

From 1971 to 1980, the author worked as an "Economic Hitman" (EHM) for the consultancy firm Chas. T. Main, Inc. (MAIN). Its role was to “rob countries around the world of billions of dollars… to encourage world leaders to become part of a vast network that advances U.S. commercial interests. Ultimately, those leaders become trapped in a web of debt that guarantees their loyalty” (p17). This was achieved through the production of economic projections that would convince the World Bank and other international organizations to lend money to these countries. After this money was spent on infrastructure development in the countries in question – the contracts of which went to US companies – they found themselves with huge debts that they could not hope to repay. This in turn left these countries subject to the economic and political interests of the United States, creating a “global empire” controlled by “corporations, banks, and governments” (Preface, p xiii). Perkins calls this collusion of interests “corporatocracy”, and it is they who conceived and carried out this strategy. The goal is not just to increase economic growth, both for the United States and for the companies themselves, but to “continually perpetuate and expand the system” (Preface, p xiii). This review aims to evaluate and discuss this “neo-imperialist” strategy, both from an extrinsic and intrinsic perspective. It also aims to evaluate the alternative strategies proposed by the author. It is helpful to begin with a discussion of what we mean by strategy. Strategy is about achieving goals; the most efficient and advantageous way (for those who create the objectives) to achieve them, trying to plan for problems and events that may arise... middle of paper... our newspapers, magazines and publishing houses are owned – and manipulated – by giant multinationals. Our media is part of the corporatocracy” (p 221). There is immense difficulty in attempting to convince the average person to adopt the lifestyle changes suggested by Perkins, in part because “this corporatocracy is ourselves – we make it happen” (p 217). . If we are extensions of corporatocracy, it is not surprising that self-centeredness is the dominant personal strategy in the Western world. Therefore, Perkins has a very difficult task in trying to persuade us – albeit from a convincing ethical platform – to adopt a substantial reduction in our (material) quality of life. Indeed, it took Perkins many years to change his occupation, despite his personal experience of the damage caused by the system and despite being very comfortable financially..