2010

Length: (2 mins.) ... Date: (Jun 2010) ... Source: https://youtu.be/37Dvt2EqXF4

Today’s world is run by a secret global Empire created by ‘Economic hitmen’. Predatory capitalism, the system we have now, has created an unjust, unsustainable, unequal and unstable world for us all.

The first edition of this book (2004) spent 73 weeks on the New York Times bestseller list, and sold over 1.25 million copies, in 32 languages.

John Perkins ...

The role of the economic hitman

Directed by predatory capitalism the ‘economic hitman’ is tasked to:

  1. identify a country’s resources that both the US and the US corporations covet;
  2. arrange a large loan, usually by the World Bank or one of their crony banks to the country for infrastructure creation and project development;
  3. hire only US corporations to create the infrastructure thereby transferring the country’s newly procured debt directly to the corporations as money.

For the corporations and the few wealthy elite who live in the target country this is great. For the majority of the population who are left a the huge debt, they face cuts in essential health and welfare programmes while their country is being resource stripped.

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Links ...

Website ...
John Perkins
- TEDx Talk

Authored ...
New Confessions of an Economic Hit Man
the book

Other ...
Interview
... (2011)


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  ...  create more poverty than wealth ?

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