Confession Of An Economic Hitman John Perkins

Confession of an economic hitman john perkins

January 11, America, John Perkins tells us, is a land of innocents, and all we must do to reclaim our purity is to buy a hybrid or write our Congressman. San Francisco: Berrett-Koehler Publishers, Perkins begins his story by telling us about how he was recruited by the U. During his stay with an indigenous Indian tribe in Ecuador, he was recruited by a private international consulting firm MAIN that was in charge of studies to determine whether the World Bank should lend Ecuador and its neighboring countries funds to build hydroelectric dams and other infrastructure projects.

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Perkins was not an economist. In preparation for his new career as an economic hit man, he enrolled in a couple of courses on econometrics and was trained by a handler about the primary objectives of his work: to justify kindred paperless pay w2 international loans that would funnel money back to MAIN and other U.

He would produce studies that projected economic growth twenty to twenty-five years into the future and evaluate the impacts of a variety of projects within this framework. His first task was to devise a twenty-five-year forecast of inflated electricity needs for Indonesia. He came up with a growth forecast in electric demand averaging 19 percent per annum for twelve years after the new system was completed, tapering down to 17 percent for eight more years, and then holding at 15 percent for the remainder of the twenty-five-year projection.

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In the following chapters of his book, Perkins tells us about different versions of a similar story of how U. With his almost schematic presentation of debt traps for developing countries and the international financial order, as well as his discussion of the environmental impacts of oil exploitation in Indonesia and Ecuador, Perkins provides a compelling account for students of international or development economics.

Students love this book.

In my course on principles of macroeconomics, students talked about how they could not put the book down, how much they learned, how they did not know about this level of U. However, his basic thesis is no surprise to those familiar with the critical literature on the influence of the World Bank and the IMF on developing countries. See for example Stiglitz or Easterly The fault lies not in the institutions themselves. This, I believe, is why the book is well loved even by supporters of the global marketplace, who emphasize its benefits even as they acknowledge some costs.

by Perkins, John

Historical analysis does not seem required to understand the current global world. To suggest that the neo-imperialist order be understood as a series of mistakes would be to suggest that imperialism never happened and that colonialism was just a question of sloppy thinking. What emerged as global order today operates on principles that are very similar to those of imperialism, not because things have gone badly, but rather because things have gone more or less as planned confession of an economic hitman john perkins supporters of U. Current institutions of global order are not eternal, ahistorical organizations that happen to serve wrong goals at the hands of those with erroneous understanding of the developing world. Banks, corporations, and nation-states are the main pillars of the conditions of existence for neo-imperialist order. His constant announcement of allegiance to the founding fathers of his country reflects his problematic understanding of the world order.

He points to the heroism and idealism of Jefferson, Paine, and Revere as guiding principles that can correct our mistakes and recreate the lost world of the Lincoln Republic. America, the book tells us, is a land of innocents, and all we must do to reclaim our purity is to buy a hybrid or write our Congressman. Overall, the book makes for a blend of personal narrative and geopolitical conniving that is an appealing, easy read for a first-time introduction to the world system.

Stiglitz, J. Globalization and its discontents. New York: Norton.]

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Former Economic Hit Man John Perkins goes behind the scenes of the current geopolitical crisis and offers bold solutions to our most pressing problems. Having raised the alarm, Perkins passionately addresses how Americans can work to create a more peaceful and stable world for future generations. Wat mensen zeggen - Een review schrijven Gebruikersbeoordelingen.

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Bookseller: St. Vinnie's Charitable Books Plume. Used - Acceptable. Paperback The item is fairly worn but still readable. Signs of wear include aesthetic issues such as scratches, worn covers, damaged binding. The item may have identifying markings on it or show other signs of previous use. May have page creases, creased spine, bent co Add to cart. Confession of an economic hitman john perkins