Confessions of an Economic Hitman by John Perkins | Summary

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"Confessions of an Economic Hit Man is a memoir by John Perkins that details his career as an economic consultant, in which he claims to have worked for a firm that helped the US government and corporations extend their global influence by using economic and political manipulation. Perkins explains that his job was to convince developing countries to take on large loans for infrastructure projects that would benefit US corporations, but leave the countries in debt and unable to repay.

Perkins argues that this strategy was used to control and exploit developing countries, enabling US corporations to gain access to their resources and markets. He asserts that he and his colleagues were often successful in persuading governments to take on loans that they could not afford to repay, leading to economic crises and political instability.

Perkins also claims that he was involved in the overthrow of foreign leaders who opposed US interests. He describes how he was part of a team that identified key individuals in the government and business community of foreign countries who could be persuaded or coerced into serving US interests. He claims that they used various tactics, including bribery and threats, to achieve their goals.

The book has been both praised and criticized for its claims, with some arguing that Perkins’ account is exaggerated or even fabricated. Nevertheless, it has sparked a wider debate about the role of Western governments and corporations in the global economy, and the potential for economic and political exploitation in the developing world."