Economic hit men manipulate developing countries from "summary" of The New Confessions of an Economic Hit Man by John Perkins
The job of an economic hit man is to identify countries with resources that corporations covet. Once a target is identified, we shower its leaders with gifts - things like loans, luxury cars, and fancy technology - which they gladly accept, often without any intention of paying them back. These gifts come with strings attached, of course. The goal is to make these leaders indebted to us, both financially and politically. Once we have them in our pocket, we can then manipulate them into making decisions that benefit our corporate interests. We convince them to build infrastructure projects that they don't need and can't afford, projects that are built by our own contractors and that generate huge profits for our corporations. In the end, these countries are left with massive debts that they can never repay, debts that give us even more leverage over them. If a leader refuses to play ball, we have other, more sinister methods at our disposal. We can foment unrest and instability, using our connections to intelligence agencies and paramilitary groups to create chaos and undermine the government. We can even go so far as to orchestrate coups and assassinations, all in the name of protecting our economic interests. The ultimate goal of the economic hit man is to keep these countries under our control, to ensure that they remain dependent on us for their survival. We exploit their resources, manipulate their leaders, and crush any resistance, all in the name of profit and power. And as long as this system remains in place, developing countries will continue to be at the mercy of economic hit men, their futures determined by forces beyond their control.Similar Posts
The role of the executive branch in enforcing the law
The executive branch plays a crucial role in the enforcement of the law. It is tasked with executing the laws that are passed b...
Power is increasingly diffused across a wide range of actors
Power today is not what it used to be. It is no longer concentrated in the hands of a select few individuals or institutions. I...
Economic uncertainty
The uncertainty of economic prospects is the dominant characteristic of our time. The future is hidden from our present gaze in...
The hunt for Escobar demonstrated the value of international cooperation
Throughout the pursuit of Pablo Escobar, one thing became abundantly clear: the crucial role of international cooperation in br...
Exchange rates affect trade balances
Exchange rates play a critical role in determining the trade balances between countries. When a country's currency depreciates ...
Norms
Norms are standards of behavior that govern the actions of individuals and groups within a society. In the context of internati...
Education is a key factor in promoting peace
Education plays a pivotal role in the promotion of peace. When people are educated, they become more open-minded, tolerant, and...
EastWest relations
The relations between East and West have been a central feature of international politics for centuries. In the post-World War ...
Media fails to hold power accountable
The media, which is supposed to act as a watchdog for the public, has failed in its duty to hold those in power accountable. In...
Negotiation is essential in achieving peace
In the pursuit of peace, negotiation plays a crucial role. It serves as the primary means through which conflicting parties can...