The New Confessions of an Economic Hit Man

John Perkins provides an updated account of his career as an economic consultant tasked with persuading developing nations to accept massive loans for infrastructure projects. He explains how these loans, funneled to U.S. corporations, intentionally created unpayable debts that forced sovereign nations to surrender control over their natural resources and political allegiances. This expanded edition details the evolution of this system into a globalized model where private corporations, supported by international financial institutions, employ similar debt-trap tactics within industrialized domestic economies to consolidate wealth and influence.

This book serves researchers, policy analysts, and investors interested in the mechanics of modern corporatocracy and international finance. Readers gain a technical perspective on how debt functions as a tool of geopolitical leverage rather than a mechanism for development. By studying the provided case studies from Latin America to the Middle East, the audience learns to identify the specific economic signals that precede institutional takeover and structural adjustment programs in both emerging and established markets.

Outward-looking, growth-minded and clear-cut; a moderate read.

Best for readers like The Practical Optimizer. Which reader are you?