confessions_of_econ_hit

Confessions of an Economic Hit Man 12bidd12

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This rivetting autobiography from John Perkins relates the strategy of big U.S. banks in the wake of the 1970s petro-dollar boom to extend their holdings in foreign markets. The primary scheme was to sell big loans to underdeveloped nations primarily for the construction of infrasctructure (e.g. dams, roads, airports). The author was a salesman for one such bank. He was sent to places like Ecuador, Bahrain, and Thailand where he generated cost-benefit analyses for purported projects always finding enormous benefits and low costs for host countries. Deceptively his analyses always inflated benefits and diminished costs. The catch was that if a host country rejected a big bank and its loans, assassins or hit-men were dispatched. Perkins ties the deaths of presidents in Panama and Ecuador to these hit-men, or "jackals" as they were called in his trade. This book illuminates the mechanisms of modern imperialism and the causes of international debt. 

16.00$16.00 each Width: 5.25 in
Height: 8.5 in
Depth: 1 in


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