Confessions of an Economic Hit Man by Perkins

An Inside Look at Economic Manipulation

Perkins' Multifaceted Career Adventure

John Perkins is a man who has experienced the world from various viewpoints, donning the roles of an Economic Hit Man (EHM), a CEO of an alternative energy company, and an advocate for indigenous and environmental rights. As an EHM, he employed strategic persuasion to encourage developing nations to embrace hefty loans for infrastructure growth, inherently benefiting U.S. corporations and driving these nations into burdensome debts.

Witness to History's Intrigue

Perkins actively participated in and observed significant global events. These included critical incidents like the Saudi Arabian money laundering underworld and the consequential death of the President of Panama, Omar Torrijos. The narrative forms a compelling story, offering insights that reveal intricate facets of global economics

Driving Change for a Sustainable World

Following his ventures in the corporate world, Perkins founded an organization with a focus on fostering sustainable communities and empowering individuals. Striking a balance, he continued to engage in corporate consulting while investing his earnings into his nonprofit work.

The Path to Exposing Secrets

Perkins found himself compelled to reveal his knowledge and experiences with the world post the events of 9/11. With a sense of responsibility, he took up the task of sharing insights into the role played by the U.S. government and corporations in shaping world affairs. His book 'Confessions of an Economic Hit Man' reveals a disturbing trajectory towards a global empire, perilously led by the United States.

The Making of an Economic Hit Man

Perkins: A Privileged Upbringing

John Perkins started off as a middle-class child in New England, benefiting from an education at elite prep schools. Despite his achievements in sports and academics, Perkins felt a sense of loneliness and faced difficulty in engaging with the opposite sex.

A Change in Direction

Perkins, despite having plans to align with the National Security Agency (NSA), was swayed into a different direction by a Peace Corps recruiter. Fascination with indigenous cultures and an unexpected friendship with an NSA liaison led him to accept a posting in Ecuador.

The Unusual Economist

Attracting the attention of international consulting firm, Chas. T. Main Inc, Perkins secured a role as an economist. By the end of his initial professional journey, he acknowledged that his position exceeded its initial description, closely resembling the clandestine role of a secret agent.

Tracing Panama's Liberation: The Legacy of Omar Torrijos

Roots of Panama's Struggle

In the era preceding Omar Torrijos, Panama was gripped by an oligarchy which held close ties with the United States. This relationship served to further U.S. interests, often at the expense of the Panamanian populace. This grip of external influence manifested through repeated military interventions, which favored the oligarchy's rule at the expense of local sentiments and rights.

Enter Omar Torrijos: Panama's Beacon

Torrijos emerged as a local hero with an unprecedented following among Panama's lower and middle classes. Born in a rural city, he resonated with the struggles of the everyday people, often seen pacing the slums and actively involving himself in job creation for the needy. Reflecting his far-reaching empathy and dream of a harmonious Latin America, he strived to convert Panama into a sanctuary for any refugee seeking asylum, irrespective of their political affiliations.

Caught Between Ambition and Reality

Despite acknowledging Torrijos' dedication towards uplifting Panama, the author finds himself conflicted. He experiences self-reproach for being a participant in the subsequent economic exploitation of Panama. This guilt, however, falls victim to his own aspirations of wealth, fame and power. Observing the tides of change under Torrijos, the author foresaw trouble on the horizon, hinting at tragic prospects for this admired leader.

Panama: A Diverse and Complex Nation

Unraveling Panama's Facets

Immersing in Panama's rich landscape, a tour guide named Fidel showcases the duality of the nation. Known as the 'Switzerland of Americas', it has an impressive array of international banks and lenient regulations. An absorbing scene of numerous ships queuing up at the Panama Canal paints a vivid picture of the country's active trade, particularly with Japan.

The Canal Zone: A Community Pulsating with Pride

Pride and a sense of belonging are unmistakable in a family living in the Canal Zone. Despite being American, they are ingrained in the Panamanian culture and plan to continue their legacy here. This area, shielded from the native laws and taxes, infuses an intriguing layer of opulence to the Panamanian story.

Unseen Side: The Struggles Within

Contrasting sharply to the prosperity, there lays a slum rife with poverty and visible discontent towards the US. This underbelly of Panama, adorned with rampant graffiti and posters of Omar Torrijos signifies deep-set issues. The battle for a better life continues in the backdrop as Fidel hints at Torrijos' disgruntled attempts to uplift these conditions.

Perkins' Eye-Opening Account in Panama

An Evening in Panama

Stepping into the volatile nightlife of Panama, Perkins and his friend Fidel take cautionary measures, evident as they enter a car-filled vacant lot, paying the custodian for protection. The surrounding danger is palpable, accentuated further by two young boys they encounter, engrossed in a make-believe gunfight, fueled by genuine resentment against a disturbing American presence.

Unexpected Expectations of a Local Bar

Welcomed by the frantic energy of dancing women and American soldiers in a bar, Perkins and Fidel are inserted into a setting that could be mistaken for a Boston disco, if not for the conspicuous nudity. The arm-band adorned American soldiers and local Panamanian men share the space, their individual presence laying bare a tense co-existence.

Deep-Rooted Resentment

The boys' game of make-believe takes on a sinister reputation upon discovery of their intent to seek vengeance on an American general, accused of sexual assault on their mother. This revelation exposes the conflicted emotions towards American presence and its implications for Panamanian locals.

Foreign Women Seeking Refuge

Although prostitution is legally prohibited for Panamanian women, the unspoken reality accepts women from neighboring countries who seek solace here, their grim histories indicating local brutality.

A Clash of Powers

Amidst the decadence, a soldier attempts to assert dominance over a waitress, a cringe-worthy display of power abuse until interrupted by a Panamanian bouncer. This microcosm of a larger power struggle proffers a glimpse into the strained relations between locals and foreign soldiers.

Deciphering Conversations on Politics, Economics, and History

A Dance with Power

Picture this: An unplanned encounter with General Omar Torrijos, head of Panama in the volatile 70s. Even more eyebrow-raising, he's asked by Torrijos to shed light on the political evolution of Iran, a history marked by the CIA's calculated overthrow of its premier.

Guatemala's Battle with United Fruit

The conversation takes a turn towards Guatemala, its ousted president, and the immense influence of the United Fruit Company. Torrijos reveals his concer about this power, expressing great admiration for the deposed president who dared to stand against it.

Sketching a New Panama

Like a vision glimpsed in a dream, Torrijos shares the future he imagines for Panama. His blueprint includes a fresh canal and a fight against corporations like Bechtel, leveraging political connections. Yet, he trusts his listener, asking for help to create an economic stronghold that doesn't hinge on foreign pocketbooks and actually aids the poor.

Crisis and Power: An Economic Rollercoaster

The Rise of OPEC

Perkins sketches a vivid picture of the heavy shifts in international economics during the early '70s, particularly the formation of OPEC, an oil-producing cartel. Born in response to the unchecked dominion of international oil behemoths, OPEC emerged as a significant counterforce in the global economy.

Impact of the 1973 Oil Embargo

In 1973, OPEC dropped a bombshell on the global economy with an unprecedented oil embargo. The resulting shake-up didn't spare even industrial powerhouses like the United States, driving them to the brink of an economic calamity.

Power Games and Economic Policies

According to Perkins, this turbulent period brought forth complex power games. It put a spotlight on the vulnerable positions of corporatocracies vs. 'little guys.' Additionally, Perkins finds striking similarities between the economics of the '70s and the '30s, underscoring radical shifts in economic policies and the role of governments in market management.

Unraveling the Saudi Arabian Money-Laundering Affair

Funneling Money into Saudi Arabia's Economy

Imagine being an Economic Hit Man, responsible for directing hundreds of millions of dollars into Saudi Arabia's economy. Showcasing how to craft scenarios that justify such a massive transfer of wealth. Believe it or not, the primary goal was to channel these petrodollars back towards the U.S. This intriguing process involved the creation of industrial parks and infrastructure projects. Adding to the complexity, these projects were often implemented using a workforce imported from other countries.

Exploring the Bounds of Political and Military Support

It's not every day that one gets to delve into the behind-the-scenes tactics of government strategies. While the U.S. was fertilizing the Saudi Arabian economy, it was providing political and military support. This support served as an exchange - the Saudi Arabian government had to purchase U.S. government securities. Furthermore, the U.S. reassured Saudi Arabia of its continued existence. However, these guarantees weren't absolute; they depended upon the compliance of both parties.

Intriguing Affairs in Saudi’s Power Circles

A Saucy Tale of Power and Prestige

Perkins unveils an intriguing saga featuring Prince W. from Saudi Arabia. Set in Boston, this narrative spins around a woman named Sally who is called upon to entertain the Arabian royal. Courtly expectations and cultural prejudices present an interesting set of challenges, stepping right into a legal gray area.

Slippery Dealings Amidst Glitz and Glamour

Perkins lands in murky waters trying to cater to his royal guest. He ethically maneuvers around law enforcers, resorting to an ingenious expense covering scheme involving blank restaurant receipts - a neat trick up his sleeve to evade potentially scandalous pitfalls.

Contracts, Connections, and Consequences

There’s a twist in the tale when Prince W. proposes a permanent arrangement for Sally in Saudi Arabia. Perkins displays a sophisticated network of connections, arranging a substitute for Sally in the Arab nation. Nonetheless, these dealings reflect the complicated intertwining of wealth, power, and human relationships.

Innovation and Intrigue: The Economic Strategist's Adventure

Unprecedented Success in Saudi Arabia

Our protagonist achieves significant success in Saudi Arabia, pushing open the gates of immense opportunities for his career at MAIN. A groundbreaking economic forecasting method, formed in collaboration with a young MIT intellect, is the crux of these advancements. This unique approach allows them to present inflated economic growth figures, providing leverage to secure hefty loans.

The Panama Canal Negotiations

Simultaneously, our main character plays a pivotal role in the Panama Canal negotiations, a situation in which their research brings forth alarming news - canal traffic could possibly be disrupted for a solid two years in case the dam suffers a bombing. But even amid criticisms, MAIN weathers the storm and continues to secure contracts from the Torrijos administration.

An Unexpected Hotel Encounter

Lastly, the story takes an interesting turn at Hotel Panama where our visionary bumps into renowned author, Graham Greene. The duo share a captivating conversation about Panama, Torrijos, and the intricacies of the Canal affair. Greene's admiration for Torrijos unfolds alongside concerns for the leader's safety, adding a dash of suspense to this narrative.

Delving into Iran's Economic Tale

A Rich Tale of Iranian Economy

Imagine stepping into oil-rich Iran during 1975-78, a place seething with political turbulence. Despite an abundant supply of oil, however, Iran was not like Saudi Arabia. The business community and Washington had their hand in playing the puppeteer, positioning the Shah of Iran as a beacon of progress. Their primary goal was not overt political influence, but rather developing systems that would propel Iran’s industrial and commercial growth.

Fascinating Reforms and Oppositions

The Shah, despite his undemocratic title, ushered in some extensive socioeconomic reforms known as the White Revolution. In counterpoint, the author also crossed paths with Yamin—a subversive agent passionately skeptical about the Shah's mega venture aiming to make Iran's deserts bloom. Yamin voiced strong concerns about the resultant destruction of local cultures and environments, likening the situation to the plight of Native Americans.

Unmasking the Cultural Impact

The radical Yamin represented a crucial perspective in this narrative, arguing that the desert was integral to Iranian culture. Fearful of the project’s potential negative impact, he sought to educate the author through personal anecdotes and urged him to meet a friend who could share more sagas about the Shah of Iran. Indeed, the author’s encounters in Iran offer a riveting sneak peek into how economics, politics, and culture were intertwined in this unique Middle Eastern tapestry.

Revelations about Shah's Regime: An Ex-Advisor's Perspective

Doc's Unnerving Revelations about Iran's Shah

In the gripping narrative, Doc, a former insider and advisor to Iran's Shah, shares his appallingly altered view of the reign. The former confidant, now a critic, envisions the Shah's regime as wicked and doomed. His profound disillusionment stems not just from his personal revelations but also from the mounting internal and external Muslim opposition to the Shah.


The Geopolitical Significance of Iran

Doc enlightens Perkins about the strategic importance of Iran for the United States. The land of vast oil reserves, Iran, is the key to the US ensuring sustained access to the Middle East's oil. Despite the Shah being unpopular among Iranians, his rule still secures America’s valuable ally.


The Ripple Effect Concept

Yamin and Doc put forth a revolutionary idea of initiating a ripple effect. They anticipate that if Perkins could sway his company's decision to withdraw from Iran, it might set off a domino effect. They saw this as a non-violent way to destabilize the Shah's regime, thus preventing possible bloodshed if the regime was otherwise overthrown.

Uncovering the Economic Hit Man's Quest

The Taste of Power at MAIN

MAIN, a closely-knit corporation, was a place where the power and considerable wealth were held by a mere 5 percent: the partners and associates. Distinguished from its competitors, MAIN didn't own equipment nor carried out construction, but was mostly filled with engineers.

Project Java: The Initiation

The author's voyage into the world of economic exploitation kick-started with his very first assignment in the vibrant island of Java, Indonesia. Tasked with creating a comprehensive energy plan, he endured intense training under Claudine, MAIN's special consultant.

Economic Hit Man: The Role Revealed

The training revealed the disguised cruelness of his role. As an economic hit man, the author's task was to vindicate massive international loans aimed to boost US companies overseas, irrespective of the insurmountable debt it would impose on the recipient countries.

Exposing the Trap: The Promise

The author realized the economic hit man was nothing but a puppet in the grand scheme of empire building, a tradition dating back ages. He vowed to expose the corrupt system from within, leveraging his first-hand experience and knowledge.

The Decade of Global Influence

His journey transpired during the 1960s, a significant era when corporations and multinational organizations including the World Bank and International Monetary Fund (IMF) began to exercise an ever-increasing global influence.

Discovering the Unforeseen Reality of Middle Eastern Unrest

The Invitation to Evade Chaos

Perkins finds himself amidst the growing turbulence in Iran, when Farhad, his old ally, gives him a ticket to Rome. Farhad's urgent plea to leave the increasingly unstable nation emphasizes the rapidly worsening situation in Iran.

Revealing the Root of Unsettling Accusations

In an enlightening meal with Farhad's family, Perkins unearths an uncomfortable truth: many hold U.S. policy responsible for the Middle Eastern chaos that surrounds them. The retired Iranian general - Farhad's father - predicts the shah's downfall and hints at an impending uproar in the Muslim world. His stern account leaves Perkins pondering about the role his homeland has played in global turmoil.

Unraveling the Veil of Misinformation

As Perkins learns about Ayatollah Khomeini's strong opposition and the rise of his followers, the 'cozy' image of the shah's rule begins to unravel. Perkins comes face to face with a realization: the United States has turned a blind eye to the true nature of the shah's rule. This understanding sparks in Perkins a new wave of self-introspection about the United States' role and the power it wields over the world's political narratives.

Unraveling the Significance of Colombia

The Keystone of South America

Colombia, often referred to as the linchpin connecting South America to Central and Northern America, is a geographical marvel with a fascinating history. This lush land is a cradle of talent, spawning renowned writers, artists, and intellectual prodigies despite its turbulent past. Always seen as crucial for advancement of Pan-American political and commercial pursuits, Colombia commands global attention.

A Treasure Trove for Trade

Colombia's prospects are not lost on the United States. It identifies Colombia as a lucrative source of exotic products and as a highly promising consumer market seeking their goods and services. Furthermore, Colombia's growth hunger reflects in its openness to American engineering and construction expertise, thereby furthering global economic integration.

Colombia - From History to Hoy

Despite its challenges, Colombia has always valued its historical significance and cultural heritage. Its legendary gold shipments from the ocean-front city of Cartagena to distant shores of Spain testify to its colonial grandeur. Fast forward to today, and it's a powerhouse of innovation amid cultural preservation. Its high-profile role in American nation-building programs is well-recognized, as is its reputation for producing influential thinkers that imprint on Latin American culture.

Struggle Within The Economic Hit Man

Confronting Conflictions

The compelling narration delves deep into the turbulent realm of corporate exploitation, embodied by the character John. Entangled in a web of grave ethical dilemmas, he finds himself at odds with the dam construction project in Colombia. This denouement stems from a confrontation with his girlfriend, Paula, who introduces him to the hardships born by the locals due to the project.

The Undertone of Guerilla Warfare

Adding a fresh twist, Paula reveals her brother's role in the guerilla movement, a group of hardliner locals actively resisting the construction. This revelation sheds light on the motivations underpinning the guerillas defying stance, largely centered on mitigating the exploitation of their precious land.

The Inner Battle

Torn between the unsightly truths of his corporate world and his moral judgment, John's turmoil intensifies. He grapples with the cruel reality of his work perpetuating modern-day slavery and harming the socio-economic fabric of colonial regions.

Eyeing an Alternative Path

Monetary allure and moral obligation engage in a fierce tug-of-war within John. Weathering a whirlwind of emotions, he entertains the idea of adopting a modest, honest lifestyle, a suggestion made by Paula. But fear of possible repercussions casts a long shadow over his bold choice.

Deceptive Measures and Unveiled Truths

Transformations and Deceptions

At MAIN, a renowned consulting firm, John Perkins had crafted an illusion portraying himself as a successful economist. Posing to clients and the world, he cleverly masked his actual role as an economic hitman. The falsified resume and articles about him painted a bright picture of an economist working for global betterment.

The Truth Behind The Facades

Perkins had shaped this illusion not due to his economics expertise, but for providing study conclusions that his bosses and clients wanted. Disturbingly, he also groomed his staff to unknowingly become economic hitmen, thereby advancing wealth disparities between the affluent and deprived.

The Widening Web

Reflecting on his deceptive role that promotes imperialism, Perkins saw comparisons with organized crime. He discovered this system of economic hitmen is not limited to MAIN; other global companies also practice this deceiving 'profession'. This realization exposed a global network thriving on manipulation and false representations.

Clarifying The Smoke Screens

His Peace Corps work on his resume portrayed him as an experienced manager, overshadowing his volunteer work with Ecuador's illiterate brick makers. Furthermore, listing the U.S. Treasury Department and the Kingdom of Saudi Arabia as his clients, hinted at his dealings that changed world history trajectory, including involvements with Osama bin Laden and other international criminals.

Roldós's Fight against Exploitation in Ecuador

The Struggle of Ecuador

Ecuador was once plagued by right-wing oligarchies and dictators. These elements were heavily manipulated by American political and commercial powers. Oil exploitation led to rampant purchasing and debt accumulation, all underwritten by oil revenues. The few prosperous families grew wealthy on the back of this exploitation.

Jaime Roldós: The Antidote to Corruption

A leader stood up against this system. Jaime Roldós was depicted as a charismatic protector of the marginalized. Roldós was passionate about the rights and freedoms of the impoverished and supported responsible resource utilization. He wasn't afraid to challenge immense oil corporations and the secretive alliances bolstering them.

The Deceitful Tactics of the SIL

Roldós accused the Summer Institute of Linguistics (SIL), an American missionary group, of conniving with oil firms. Their goal was allegedly to deceive indigenous communities into forfeiting their lands. According to reports, the SIL missionaries even distributed food embedded with laxatives in a bid to drive these communities from their homes.

Roldós and His Visionary Plans

Roldós introduced the Hydrocarbons Policy, designed to reap maximum benefits for the population from petroleum exploitation. Despite intense pressure from oil barons, Washington, under Carter's administration, wisely kept its distance. Conversely, Texaco emerged as a notable actor in the oil industry, struggling to maintain a stable relationship with Roldós and his revolutionary policies.

Reshuffling, Realization and Revolt

Company Chaos Post Bruno's Departure

When Mac Hall removes Bruno from his position, it sends shockwaves throughout the organisation. Bruno has been instrumental in drastically increasing the company’s profitability, and his absence leaves employees skeptical. Hall's suspected motives are rooted in jealousy, possibly due to a fear of being outshone by Bruno.

Replacing Bruno is Paul Priddy, whom colleagues regard as unimpressive and submissive.


Narrator's Inner Struggle and Insight

For the narrator, Bruno's dismissal is personal as he viewed him as a mentor, and his exit prompts a reevaluation of his own role in the firm. This turmoil propels the narrator into an introspective state, prompting him to scrutinize his own actions and confront his self-loathing.


A New Outlook and the Decision to Quit

While on a sailing vacation in the Virgin Islands, the narrator explores the history of the region. Upon equating his own selfish actions with those of historical figures like Ethan Allen, Thomas Jefferson, and George Washington who, despite exploiting others, were celebrated, he experiences a change in perspective.

The sight of young people on a wooden boat, living as a collective society, reinforces his loathing for his own life and strengthens his resolve to escape the corporate world.

New Paths and Conspiracy Theories

A Bold Career Shift

Picture this: you've decided to make a radical change, leaving your familiar job behind. This situation perfectly encapsulates the experience of Perkins. Despite facing resistance from his colleagues, he chooses a new journey, bidding adieu to his role at MAIN. Then suddenly, as a turn of events, Paul Priddy, his superior, presents a lucrative opportunity, inviting Perkins to represent a client as an expert witness.

Encountering Politics and Power

Imagine taking up a job as an expert witness. Perkins does exactly that, navigating a new terrain with American utility companies. His experiences and observations of the political shifts post Ronald Reagan's election paints an intriguing tapestry of American foreign policy during that era.

The Mystery of Roldós

Let's now travel to Ecuador, under the leadership of President Jaime Roldós. His taking on the oil giants and introducing reforms to alter Ecuador's relationship with them forms a crucial part of Perkins' narrative. However, Roldós dies under puzzling circumstances in a plane crash, giving rise to whispers of a possible CIA assassination. This incident barely grazes the attention of the American press, adding another layer of intrigue to the narrative.

Unraveling the Puzzle of Political Assassinations

Deaths with Deep Political Undertones



The twin tragedies of losing Ecuador's President Jaime Roldós and Panama's General Omar Torrijos still echo. There's a strong belieft that their demise was the handiwork of the CIA. These leaders were perceived threats, having challenged the corporatocracy and Reagan administration, espousing social justice, and speaking against the status quo.

Torrijos: A Beacon in Testing Times



General Omar Torrijos's passing was felt deeply, not only in Latin America but across the globe. His activism towards returning the Panama Canal to its rightful proprietors defied intimidation from the likes of the Reagan administration. His vision for reducing violence and curtailing the environmental damage led by international oil giants in Amazonia and Panama could have provided a blueprint for leadership in other countries.

A Power Play of Colossal Proportions



Perkins offers insights, painting a vivid picture of the uneven power-play between political figureheads, multinational corporations, and countries striving for independence. Companies like Bechtel secured a strong foothold in Latin America, tasked with maximizing profits, often at the expense of local workforce and resources. Torrijos's decision to exclude Bechtel from building a new canal, added another layer of friction between him and these powerful conglomerates.

CIA's Involvement: An Unresolved Riddle



The level of intrigue involves creative narrative spins like the claim of esteemed novelist Graham Greene, a close associate of Torrijos, suspecting that a bomb was planted on the aircraft that took Torrijos's life. Despite accusations and suspicions, investigations into possible CIA involvements remained negligible, leaving unanswered questions and a thirst for justice and transparency.

Embracing Change and Leading Innovation

Personal Crossroads

In the wake of Torrijos's loss, our man experienced multiple emotional trajectories. Having fallen out of touch with Paula, his erstwhile flame, he was exploring romance with other women, notably, Winifred Grant, a prominent figure's progeny.

Professional Quandary

Simultaneously, his career posed moral dilemmas difficult to navigate. Serving as an expert witness for the contentious Seabrook nuclear power plant, he found his own assertions inciting introspective discomfort. The realization that he was flogging a horse he no longer believed in was disheartening.

Fulfilling an Eco-Friendly Vision

Opting for principles over profit, he ditched his vocation to conceive Independent Power Systems (IPS), an enterprise rooted in the noble pursuit of developing ecologically-friendly power plants. His unique insider perspective on the energy industry, coupled with support from various entities, propelled IPS to success. It spearheaded a revolution in the utility industry by building groundbreaking power plants.

Shadowy Games and Rising Stars

This backdrop of reformation and deregulation also saw the rapid ascendancy of Enron, bewitching the entire industry with its meteoric rise—though marred by its dubious practices. The intermingling of politics and oil illustrated by George W. Bush's involvement in the oil industry further intrigued him, presenting a unique lens through which to view Middle Eastern politics and corporate networks.

Emerging Face of Economic Hitmen

Expanding Roles of Economic Hitmen

The dynamics of Economic Hit Men (EHMs) have evolved, stretching its influence beyond international banking to encompass corporate executives. Nowadays, the EHM function primarily revolves around amplifying private business profits rather than relying on international funds. This strategic alteration becomes notably palpable in the energy industry.

Regulations and Consolidations within the Energy Industry

Interestingly, the Public Utility Regulatory Policy Act (PURPA)—initially enacted to foster the innovation of alternative energy sources—has inadvertently spawned a surge of deregulation and consolidation. This ill-planned approach resulted in bigger companies buying out the smaller ones, circumventing laws by creating holding companies and moving our emphasis away from reducing oil dependence.

Unseen Cost of Corporate Progress

All searching for more profit, these mammoth corporations dump projects and retreat from communities whenever they identify cheap labor or cost-effective resources elsewhere. Perkins, the author, indulges in introspection, wrestling with moral qualms and questioning our historical economic trajectory.

Personal Compromises and the Heavy Price

Choosing to disclose his insights, Perkins makes a personally compromising decision—to ink out a lucrative consulting contract, cementing his silence on the company's underhanded dealings and political dynamics. Despite the hefty payout, Perkins acknowledges the moral compromise that feels akin to self-betrayal—a cost heavier to bear than any financial gain.

Journey of an Economic Hit Man

Understanding Indonesia's Historical Complexities

Stepping into the shoes of an economic hit man (EHM), Perkins highlights the significance of grasping a country's history. He picks Indonesia, rich in culture and marred by prolonged European dominion, as a prime example. From the struggles against colonial powers to its unyielding battle for independence, Perkins paints a vivid picture of Indonesia's complex past.

The Struggle for Power and Influence

Discussions on power dynamics feature prominently in this text. Openly revealing the U.S.'s manoeuvrings to tilt Indonesia away from communism, Perkins introduces the instrumental role of the EHMs. The U.S.'s aim to use Indonesia to set an example for other Southeast Asian countries is also addressed.

The Personal Strain of an EHM

Beyond the professional world, Perkins touches on his personal life. He conveys the strain that this secretive double life imposed on his relationships, offering a sobering reminder of the sacrifices made in his role as an EHM.

Unraveling the Panama Invasion: Noriega and the CIA

Unveiling Noriega's Links with the CIA

Upon succeeding Torrijos as Panama's leader, Manuel Noriega showed initial intentions to uplift Latin America's impoverished populations. Yet, he gradually succumbed to corruption, earning a notorious reputation. One of the intriguing aspects of his reign was his close association with the CIA, assisting them in implementing their Caribbean, Central, and South American agendas.

Decoding the U.S Invasion of Panama

The U.S invasion of Panama in 1989, aimed at ending Noriega's rule, not only incurred mass destruction but also human casualties. The act was condemned globally and viewed as a breach of international law. Washington's purported reasons pivoted around Noriega's involvement in drug dealing and his defiance towards the extension of the School of Americas.

Highlighting the Controversial Death Toll

While the aftermath of the invasion was chaotic, the death toll remained ambiguous. With estimates varying from hundreds to thousands, it sculpted a grim picture of the incident. The invasion led to Noriega's arrest and incarceration in the United States.

Examining The Invasion's Media Representation

The press coverage regarding the invasion was minimal given the influence of government policies and media executives. Journalist Peter Eisner, in his book, provided critical overview of the invasion as an exercise of power abuse, posing a threat to America's democratic values.

Questioning the Motives Behind The Invasion

Living through these turbulent times, Perkins questions the motives behind such large-scale force exertion. His book acts as a mirror reflecting the complex geopolitical intricacies of the time.

Iraq's Hidden Secrets and An Unusual Journey

Unveiling Iraq's Aliased Potential

In the 1980s, the inside view of Iraq was fascinating and revealing. The US administrations under Reagan and Bush were eager to transform it into a mirror image of Saudi Arabia, valuing its strategic location and control over vital water resources. Iraq, a treasure trove for American technology and engineering, was being closely monitored by the Economic Hit Men (EHMs).

Saddam's Defiance and Subsequent Consequence

Saddam Hussein, however, was well aware of the privileges the Saudis enjoyed from the Money-laundering Affair but appeared reluctant to get entangled into the EHM scenario. This reluctance deeply frustrated the administrations. In due course, Iraq's invasion of Kuwait witnessed a swift military backlash from the United States.

Encountering Conflicts and Taking the Alternative Path

Parallelly, there runs the tale of the writer's own conflicts. Selling his alternative energy company to an oil corporation felt like betraying his own ideals. He found solace in serving the non-profit sector, creating organizations, and carrying the weight of responsibility for future generations, including his own daughter. Yet, the balance seemed elusive.

Turning the Page: A New Summary Begins

The success of his book and subsequent demands for workshops and lectures brought life full circle. He felt the irony of creating a world he had not dreamt of himself. Then came the emotionally charged experience at an old resort, urging him to exit the corporate consulting world and write. Despite the concerns raised by his friends in the non-profit sector, he went forth to narrate his Amazon experience on a day as impactful as September 11, 2001.

Reflections on Economic Policies and Global Impact

Unexpected Meeting in Amazon Forest

In the heart of Ecuador's rich Amazon forest, just as the 9/11 attacks shook the world, Perkins was engrossed in a conversation with Shakaim Chumpi, a local community leader. Chumpi's deep-rooted fears over the encroachment of foreign soldiers and oil magnates on their sacred lands were evident.

Face-to-Face with 9/11 Aftermath

Next, Perkins found himself witnessing the extensive destruction at Ground Zero in New York City - a stark reminder of the devastating 9/11 attacks. The magnitude of the devastation was beyond description.

Stories Across Borders

A chance encounter with an Afghan man added another perspective. The Afghan, his life devastated despite having nothing to do with the global conflict, narrated his bitter transition from a pomegranate cultivator to an opium farmer.

The Ripple Effect of policies

Perkins deeply contemplates the far-reaching impact of US policies and actions, right from the fragments of Afghanistan to the heart of Latin America. More specifically, the significant effects it had in Venezuela, sparking possibilities of revolutions were weighing heavy on his mind.

Power Play: Chávez and the Corporatocracy

Chávez: Warrior or Villain?

Venezuela went through a political rollercoaster during Hugo Chávez's reign, filled with contention and corporate intervention. A key aspect of this era was Chávez's iron hand on the country's lifeblood - oil - and the influence it held in world markets. His bold actions to tighten control over this crucial resource made ripples, not just in Venezuela, but globally, creating a very delicate power dynamic.

Unearthing Black Gold's Impact

The Venezuelan economy has been profoundly influenced by oil. Venezuela's rollercoaster-like leap from poverty to wealth due to this 'black gold' has had considerable consequences. The economic improvement thanks to oil revenues is undeniable, but a deeper delve uncovers the exploitation by the EHMs and the corporatocracy.

The Struggle for Power

The corporatocracy's relentless attempts to destabilize Chávez's reign revealed the depth of their resource greed. Strikes were staged, military alliances were manipulated, but their efforts bore no fruit. The narrative weaved around Chávez assumes different shades when viewed from different lenses–he is seen as a steadfast leader resisting exploitation by some, and as a polarizing figure increasing national angst by others.

Unveiling the Power Games

The parallel narratives of Venezuela, Afghanistan, and Iraq give a striking insight into the impact of corporatocracy. Leaders who dared defy their oil policies found themselves on a treacherous path. As the saga of power play involving Chávez and the corporatocracy continues, the future awaits with uncertain challenges.

The Struggles of Ecuador: A Snapshot of Global Injustices

Ecuador's Struggles With Corporatocracy

Corporatocracy's influence extends globally, and Ecuador serves as a poignant example, caught in its iron grip through multinational loans. In a worrying progression, this nation fell into bankruptcy over three decades, heightening both poverty and unemployment rates within its borders.

Environmental Catastrophe

Even the environment wasn't spared. Ecuador's Amazon rainforest destruction, largely for oil extraction, is a glaring testament to the incessant battle between the rich and the impoverished, where nature often pays the steepest price.

Widening Income Gap

While this happens, a chasm of wealth disparity expands, not just within Ecuador, but globally. The inequality is exceptionally stark when comparing the richest and poorest nations, making us question if our world's financial systems are truly fit for purpose.

Indigenous Conflict and Prophecies

These injustices have sparked tensions in Ecuador, notably between indigenous communities and oil companies. Amidst the strife, prophecies from these native cultures have arisen, suggesting a transitional phase of consciousness awakening, hinting at the possibility of a radical shift in our landscape.

Unveiling the Consequences of Global Economic Power Shifts

Deconstructing the Iraqi Invasion

Perkin's 'Piercing the Veneer' serves as an eye-opening analysis of the 2003 US invasion of Iraq, showcasing its potential to alter global oil politics. Significant attention is paid to the possibility of the US destabilizing OPEC's influence by commandeering Iraq's oil reserves, prompting thought-provoking questions about the future role of Saudi Arabia in global oil politics.

Contemplating Currency Dominance

The author paints a vivid picture of the implications of the dollar being the world's de facto currency, assessing how this could change should the euro become more prevalent. In particular, a potential scenario where OPEC switches its preferred currency to the euro is analyzed, raising intriguing questions about the impact on America's vast debt.

Questioning Corporate Influence

Further, the Bush administration's decision to award a highly lucrative contract for rebuilding Iraq to the Bechtel Group is assessed. The ties between the corporation and the government are explored, raising concerns about the potential sway such big corporations may hold in shaping global policies.

Economic Impact on Indonesia: A Revelation

The Jakarta Juxtaposition

Perkins draws our attention to the stark contrast that's Jakarta, Indonesia's capital. Bathed in bounty and beauty, Jakarta also swarms with deep-seated difficulties. Picture lush gardens, beautiful women, luxurious hotels, contrasted against the disheartening sight of poverty, lepers, and dilapidated makeshift homes along the riverbanks.

High Stake Project

Perkins and his team ensconced themselves in a sumptuous hotel. They embarked on an electrification project for Java intending to shield the country from the influence of communism. Interestingly, ensuring future oil industry needs for 25 years was also aligned with their mission, highlighting the inherent complexity of the task at hand.

Exposure Promised

Friction seeped into Perkins as he grappled with the ethics around promoting U.S. foreign policy and corporate interests. The economic benefits, he realized, mostly spelled out a win for the heavy-pocketed minority as it forced the poor further into the abyss. With a pained awareness of these realities, he pledges to expose the truth someday.

Navigating Economic Projections: A Journey

Delving Into Indonesia's Electrification Plan

You find yourself in exciting and bustling Indonesia, pouring your expertise into creating a master plan for their electric system. It’s an ongoing endeavor requiring detailed, yet highly upbeat economic projections that make the plan viable and promising.

Colliding With Principles of Honesty

Along the way, you cross paths with Howard, a seasoned consultant whose integrity is unwavering. Howard is dead set against tweaking these essential numbers, posing a challenge to your task of delivering inflated forecasts. But can you sway him?

Breaking Free From Inflation Expectations

No, Howard is insistent on what’s right. In this collision of viewpoints, you come to acknowledge you do not hold the reins on the final forecast. A sudden turn of events gives you a break – Howard falls ill, flies back home, and inadvertently frees you from constantly battling the need to inflate predictions. An intriguing revisit to the dance of ethics in economic projections.

Unearthing Economic Prospects in Indonesia

Stepping Into the Inquisitor Shoes

Perkins, showcasing his resilience from his Amazon survival, was thrust into the role of an inquisitor in Indonesia. His mission was far from easy, owing to the reluctance of local business and political elites to part with valuable information, often navigating him towards superior authorities.

The Linguistic Unification of Indonesia

While lodging at a guesthouse, Perkins befriends Rasy, the manager's son who also becomes his language teacher. Through him, Perkins learns Bahasa Indonesia - a language birthed to connect the rich tapestry of tongues in Indonesia, offering a gateway to profound cultural experiences.

Building Bridges and Gaining Perspectives

Rasy also sees Perkins through his interactions with English-speaking Indonesians who provide a non-American perspective on Vietnam War. This broadens Perkins' horizon, prompting him to reconsider previously held notions. His enlightening encounters with locals eventually nudifies his American lens, enhancing his understanding.

The Subtle Tightrope of Political Conduct

Amidst paperwork-intensive meeting setups, Perkins detects nuanced reluctance and resignation amidst the cordiality of politicians and businessmen. He speculates a top-down insistence on their cooperation, making his inquisition an Sisyphean task.

The Imminent Economic Upturn

From factory owners to government officials, the indicators predict an impending economic boom in Java. However, the lack of any contrary reports leaves Perkins skeptical about the unquestioned positive prognosis.

A Stirring Puppet Performance and its Implications

Story Within a Puppet Show

The narrative zeros in on an Indonesian puppet performance that Perkins attends. The puppet master, known as a dalang, seamlessly intertwines traditional folklore with up-to-the-minute news in a unique storytelling format. The performance features two main puppets - one that symbolizes Richard Nixon, and the other, an unusual character aptly named Bucket Man.

Insults, Mockery, and a Stand

Notably, Richard Nixon and Bucket Man begin to spew insulting comments about Middle Eastern nations, even going to the extent of scorning Indonesia, the country in which they are performing. However, an unlikely hero emerges in the form of an Indonesian puppet that doesn't hesitate to challenge Nixon and Bucket Man's derogatory words, defending Indonesia's sovereignty.

Pointed Satire and Post-Show Insights

The hero's defiance results in a brutal outcome, as it is impaled by Bucket Man. The puppet show's ending resonates with Perkins, setting the stage for a captivating discussion with the Indonesian locals. Their perspective is that of viewing the U.S as a nation hell-bent on becoming history's grandest empire, convinced that a retribution from Muslim countries is looming.

Epiphany in Foreign Policy: A Shift Towards Conscious Action

The Unequal Distribution of Resources

In Perkins' segment, he grapples with the provocative scenario of limited global resources. Through a fruitful dialogue with young Indonesians, he contemplates the inherent implications of his role in promoting a foreign policy built on selfish motives. By doing so, he reckons that such a mindset disserves upcoming generations, igniting a critical examination of the actual purpose behind foreign aid.

The Irony of Wealthy Societies

Perkins further explores the paradoxical nature of affluence, questioning whether or not societies with ample wealth truly embody an enviable lifestyle. This train of thought triggers a self-realization that he, too, is integral to a system thriving on misinformation. The innocence he once held is thus lost, marking a turning point in his journey.

The Strain on Personal Relationships

Throughout this introspective process, Perkins' personal relationships bear the brunt of his gradual transformation. A poignant example is the deterioration of his rapport with his wife, Ann, revealing the emotional cost that arises from such profound reckoning. The history of resentment and anger they shared exacerbates the situation further, underlining the sometimes painful personal fallout from larger socio-political revelations.

Unraveling Deceptive Delights of Corporate Ladder

A Swift Ladder to Success

The protagonist of ''Confessions of an Economic Hit Man'' secures a vaulting promotion to become Chief Economist at MAIN, a private corporation. This upgrade results from an accurate economic forecast for Indonesia, making the protagonist the favored choice of Bruno Zambotti, an influential executive depicted as successful yet intimidating.

Vanishing Act Unveiled

The narrative takes a mysterious turn with the sudden disappearance of Claudine, a romantic interest in the protagonist's life. Despite rigorous efforts, they are unable to trace any signs of her, contributing to a sense of desolation and provoking them to rethink their involvement in the administrative machinery.

Waking to Inconvenient Realities

As the protagonist navigates international meetings and interactions with significant personalities, this promotion evolves into a bitter-sweet progression. They harbor growing skepticism towards their associates and the results of their decisions. This revelation results in an awareness of the corrupt underbelly of their occupation, stirring feelings of disillusionment and resentment.

Active Participation in a Better Future

The Power of Media

The media's grand influence, largely owned and manipulated by corporate magnates, urged Perkins to encourage readers to probe and unravel their contrived narratives. By understanding the invisible strings tugging at our perceptions, one can see the world for what it truly is, free from gilded corporate glaze.

Taking On Corporatocracy

Perkins delineates several feasible actions to stand up to corporatocracy. Reducing oil consumption, downsizing materialistic possessions, and boycotting exploitative companies are among the suggested routes. Engaging in conscious consumerism is a direct way of wielding influence and fostering change.

Positive Change Within Current Structures

Believing in the potential of existing systems, Perkins advocates for change from within. Individuals can inspire significant shifts through their own examples. It could be as simple as casting a vote for enlightened officials or as significant as teaching others to enhance their understanding of the world.

The Undercover Life of an Economic Hit Man

Unveiling the EHM Journey

Embarking on a journey through Perkins' personal history welcomes us to a thrilling vantage point of an Economic Hit Man (EHM). These EHMs belong to international consulting firms, with Perkins attached to one called MAIN. His life-bearing witness to unscrupulous practices by oil companies in Ecuador, manipulating economies, and ensuring countries drown in loans—is the epitome of an EHM.

Witnessing Deception Firsthand

In the Ecuadorian Amazon, Perkins gets a taste of the bitter reality: witnessing the destructive activities of oil corporations and how those wreak havoc on local societies and ecosystems. Seeing the struggle of indigenous tribes against these harmful forces led him to revaluate the ethical standpoint of his profession.

Manipulating Saudi Relations

Perkins achieves recognition for his vital role in a significant EHM victory in Saudi Arabia. He managed to persuade the royal family to pour billions into U.S. securities. These interest proceeds were then assigned to U.S. firms for the kingdom's infrastructural development. In return, the U.S. promised to secure the royal reign.

Learning Persian Influence Tactics

Perkins' stint in Iran gave him a disruptive strategy for building empires, taught by none other than the Shah of Iran. This approach comprised economic manipulation and coercion to secure countries' allegiance to the U.S. It is this realization about his work's negative impact that led him to quit MAIN and unveil his insights through his book.

Hidden Realities of Economic Manipulation

The 'Corporatocracy': Unveiled

Ever wonder how political and economic power is maintained by certain countries and corporations in the global theater? The secrets are unveiled by former economic hit man, John Perkins. He reveals a covert world where these economic hit men (EHMs) manipulate developing countries to serve the interests of the influential corporations and the US government.

Exposing the Power Dynamics

Perkins has shown us a unique mirror to reflect upon how global dominance is orchestrated. This dominance, aptly named 'corporatocracy', aims not for common wealth but for control. The EHMs are the key chess pieces who navigate through geopolitical landscapes, creating debt and dependency, thus ensuring influence and power.

The Dark Side of Development

The book uncovers the hidden aspects of international development, painting a deeply unsettling picture. Perkins provides detailed accounts about his experiences in places like Indonesia, Ecuador and Panama. The horrifying results? Large-scale environmental damage, political machinations, and crushing local poverty.

Checkmating 'Corporatocracy'

Yet, there is hope! Perkins believes that we can put an end to this intimidating system. The essential first steps are spreading awareness and fostering a collective commitment toward ethical, sustainable practices. Read the book, unveil the secrets, and play your own part in challenging this corporatocracy!

Unveiling Economic Hit Man Tactics

Unmasking the Economic Hit Men

Fascinatingly, 'Confessions of an Economic Hit Man' narrates the clandestine operations of corporate-employed economic hit men. These individuals ingeniously corrupt governments worldwide to ensure their employers' interests triumph, often dismissing the welfare of the general populace and environment. They masterfully manipulate their tools of the trade - overwhelming debt, bribery, and political pressure.

Detrimental Fallout and the Road to Redemption

No surprise here - such underhand tactics lead to disheartening aftermaths. Countries experience increased poverty, political flux, and environmental devastation. Yet, in the midst of the gloom, Perkins himself embarks on a path to redemption, advocating for a much-needed overhaul to this skewed global economic framework.

Exposing the Power Players

Draw back the curtains and who do we see? None other than large energy corporations and countries like the United States heavily implicated in these seedy plots. Vulnerable developing nations bear the brunt of these corporate manipulations, showcasing the dire need for increased transparency and greater accountability in our global economic system.

Unravelling Ethereal Economic Machinations

Forensic Exploration of Economic Harms

Unmasking the well-guarded secrets of economic hit men (EHMs), Perkins lays bare the insidious practices that have cheated nations out of vast fortunes. Drawing from personal experience as a former EHM, Perkins reveals the underhanded tactics adopted - manipulating financial records, paying off parties for rigged elections, and even resorting to violence - all in the quest to further corporate interests and line the pockets of the affluent. The extent these EHMs would go for their objectives is unparalleled.

The Gritty Facedown with Brewing Fears

Perkins' exposé, starkly chronicling these corrupt ways, wasn’t an effortless task. Several times, he encountered threats and bribes aiming to muzzle him and keep the sinister truths under wraps. But in 2004, fortified by the encouraging words from his daughter and the support of a daring publisher, Perkins overcame his apprehensions and 'Confessions of an Economic Hit Man' was born.

The Road Toward Economic Equilibrium

Shining a light on the glaring inequalities birthed by our current system of economics, Perkins boldly points out the unsustainability of its foundational principle: unlimited growth borne by exploitation. Perkins’ ardent plea to his readers is a revaluation of their role in this unbalanced world. Building bridges over these chasms of inequalities, Perkins propounds the essentiality of compassion, democracy and social justice for all. His is a blueprint for a fairer economic ecosystem.

The Onset of Economic Hit Men

Travels and Reflections

Opening with the intriguing journey of the writer from Quito to Shell, Ecuador, Perkins puts on display, not just an enchanting panorama, but also the blatant contradiction between Ecuador's natural allure and the havoc wreaked by Economic Hit Men (EHMs).

The Mechanism of EHMs

EHMs, as narrated by Perkins, operate to subjugate nations, employing international finance organizations as tools. They mastermind loans geared towards infrastructure development, primarily benefitting their home companies and, in turn, compelling recipient nations into a cycle of obligation and subordination.

The Ensnaring Debt Trap

These nations, entrapped in this vicious cycle, are coerced to fork out loan interest payments, while the principal remains untouched. Moreover, in the face of defaulted payments, EHMs resort to demanding concessions, ranging from sway over UN votes to access to priceless natural resources.

Consequences: Global and Personal

Contemplating the sweeping repercussions of EHM activities, Perkins emphasizes their role in fostering global imperialism and solidification of wealth and power. Reflecting on his participation in this destructive pursuit, Perkins raises questions about his culpability, his intentions, and the means by which he became part of something so devastating.

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