Saturday, November 4, 2017

Confessions of an Economic Hit Man Book Review

Perkins’s book called "Confessions of an Economic Hit Man" provoked intense debates after it was published. The reading audience was divided into two big camps – those who believed Perkins’ words and those who didn’t. I think everybody should read this book to make an opinion of his own. Also, the book is straightforward and interesting to read.

Confessions revealed by the author of the book came as a great shock to those, who had some illusions about the American economy and politics. In his book, John Perkins describes his work for the secret organization, which was specialized in giving big loans to international countries with weak economies to get control their savings by dictating the repayment terms later. The facts revealed by the author disclose unfair methods of economical pressure the US used to gain the influence on the economic world scene. The effects are sad and frightening. Dirty tricks, manipulations and even murders – this is only the short list of policies implemented by the organization the author had been working for. The number institutions, situated in the US, developed strategies and secret schemes of investments to make countries dependent on the US. The facts described in the book prove that the US put an enormous money and effort to take the control over the world economy. In the situations where economical instruments didn’t work the US had to turn to war actions against the unruly countries.

The book is entertaining as it’s read like a spy story and shocking if to believe it’s based on real facts and numbers. It’s shocking even if the half-written there is true. The author’s confession in all his sins is a very poor quieting the as the position of one person can not change the position of the whole state.

The book is autobiographical as the author describes his own life and years of service for the secret organizations. His job was to promote the interest of the American political and economic elite in the world. “Basically what we were trained to do and what our job is to do is to build up the American empire. To bring -- to create situations where as many resources as possible flow into this country, to our corporations, and our government, and in fact, we’ve been very successful. We’ve built the largest empire in the history of the world” (Perkins).

The author describes past events, but I don’t think that the situation has changed a big deal since then. American policy towards the poor or the third world countries is still the same, and the idea of the world domination still rules the minds of the American corporatocracy. I think the book gives a good idea about the way the ideals of the Founding Brothers had been transformed and disfigured. It’s not surprising as objectives of the people who founded the country as the ideal of liberty and freedom are quite different from the objective of those, who promote the interests of the separate political figures, big banks and megacorporations paying no attention to the ordinary people. The confession of one person isn’t enough to change the whole system of the country, but it can have more important function – it can make people think about the situation.

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