A small elite benefits from global economic systems from "summary" of The New Confessions of an Economic Hit Man by John Perkins
The global economic system is designed to benefit a select few at the top of the pyramid. These elites manipulate the system to ensure that wealth flows into their hands, while the majority of the world's population struggles to make ends meet. The economic hit men are the enforcers of this system, using debt and other financial tools to keep countries under control and ensure that resources are funneled towards the wealthy elite. Through institutions like the World Bank and the IMF, these economic hit men impose policies that benefit the interests of big corporations and wealthy individuals, often at the expense of the local population. They exploit the natural resources of developing countries, leaving them impoverished and dependent on foreign aid. This cycle of debt and dependency keeps these countries under the control of the global economic system, ensuring that t...
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