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A review by reggiewoods
The New Confessions of an Economic Hit Man by John Perkins
adventurous
challenging
dark
emotional
informative
mysterious
reflective
sad
tense
medium-paced
4.25
In the early 50s Kermit Roosevelt Jr. orchestrated a coup in Iran and through economic models encouraged the taking on of debt to build up infrastructure leading to future economic prosperity; the real goal was to use the debt to put Iran in the USAs pocket. His tactics would be emulated by private corporations through euphemistically named Economic Hitmen like John Perkins for the next several decades. Perkins recounts his career as an “EHM” and the countries he helped to devastate to boost corporate interests. Perkins knows he sold his soul for a glamorous life and spend the second part of the book detailing his regret and wishes to make amends. The new edition brings us into modern times and explains how the tactics of EHMs are more prevalent than ever and how they’ve spread from victimizing 3rd world governments to US citizens (using Student loan debt as an example). It’s a scathing critique of globalization, and an insightful economic/geopolitical history of the last 70 years from an insider. He tells his tale wonderfully, but with a lot of bravado, and he does get a little preachy when proselytizing on how we can change the system, coming from someone who is still profiting off of it. It feels like a true postmodernist history where the shadowy consulting firms are making more of an impact than your vote ever has or will.