oter

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 ...
    Read More
    Continue reading the Microbook on the Oter App. You can also listen to the highlights by choosing micro or macro audio option on the app. Download now to keep learning!
    Similar Posts
    The decline of hierarchical power structures is reshaping the world
    The decline of hierarchical power structures is reshaping the world
    In today's world, power dynamics are shifting in ways that were once unimaginable. Traditional hierarchical structures are no l...
    LGBTQ+ rights have been a recent focus of social movements
    LGBTQ+ rights have been a recent focus of social movements
    In recent years, there has been a growing focus on LGBTQ+ rights within social movements in the United States. This shift in at...
    British military dominance
    British military dominance
    The British East India Company's military power was a key factor in its dominance over the Indian subcontinent during the perio...
    War leads to widespread suffering and devastation
    War leads to widespread suffering and devastation
    The aftermath of war is a grim landscape of suffering and devastation, where the scars of conflict run deep. Families torn apar...
    Putin's aggressive foreign policy has destabilized global politics
    Putin's aggressive foreign policy has destabilized global politics
    Catherine Belton’s exploration of the inner workings of the Putin regime in “Putin’s People” sheds light on how Putin’s aggress...
    The Fallacy of Focusing on Select Groups Instead of the Economy as a Whole
    The Fallacy of Focusing on Select Groups Instead of the Economy as a Whole
    The common tendency is to focus on particular groups or sectors in discussions of economic policies. People often concentrate o...
    Sovereignty is a precious gift that should be protected
    Sovereignty is a precious gift that should be protected
    The notion of sovereignty is not merely a dry legal concept, but rather a profound and invaluable gift that must be cherished a...
    Assassinations target political leaders
    Assassinations target political leaders
    The practice of assassinating political leaders has a long and sordid history in international relations. Over the years, many ...
    Impact on vulnerable communities
    Impact on vulnerable communities
    The concept of impact on vulnerable communities is a crucial aspect of understanding the repercussions of various economic and ...
    Korean War reinforced Cold War dynamics
    Korean War reinforced Cold War dynamics
    The outbreak of the Korean War in June 1950 caught the world by surprise and forced a reassessment of the global balance of pow...
    oter

    The New Confessions of an Economic Hit Man

    John Perkins

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.