Hoodwinked: An Economic Hit Man Reveals Why the Global Economy Imploded-And How to Fix It

Front Cover
Crown Publishing Group, Nov 1, 2011 - Political Science - 243 pages
John Perkins has seen the signs of today's economic meltdown before. The subprime mortgage fiascos, the banking industry collapse, the rising tide of unemployment, the shuttering of small businesses across the landscape are all too familiar symptoms of a far greater disease. In his former life as an economic hit man, he was on the front lines both as an observer and a perpetrator of events, once confined only to the third world, that have now sent the United States—and in fact the entire planet—spiraling toward disaster.

Here, Perkins pulls back the curtain on the real cause of the current global financial meltdown. He shows how we've been hoodwinked by the CEOs who run the corporatocracy—those few corporations that control the vast amounts of capital, land, and resources around the globe—and the politicians they manipulate. These corporate fat cats, Perkins explains, have sold us all on what he calls predatory capitalism, a misguided form of geopolitics and capitalism that encourages a widespread exploitation of the many to benefit a small number of the already very wealthy. Their arrogance, gluttony, and mismanagement have brought us to this perilous edge. The solution is not a "return to normal."

But there is a way out. As Perkins makes clear, we can create a healthy economy that will encourage businesses to act responsibly, not only in the interests of their shareholders and corporate partners (and the lobbyists they have in their pockets), but in the interests of their employees, their customers, the environment, and society at large.

We can create a society that fosters a just, sustainable, and safe world for us and our children. Each one of us makes these choices every day, in ways that are clearly spelled out in this book.

"We hold the power," he says, "if only we recognize it." Hoodwinked is a powerful polemic that shows not only how we arrived at this precarious point in our history but also what we must do to stop the global tailspin.


From the Hardcover edition.
 

What people are saying - Write a review

LibraryThing Review

User Review  - scentednights2002 - LibraryThing

I was really amazed when reading this book that these things actually go on. OK, call me naive but the thought that our government and large corporations send businessmen (ie hitmen) to other ... Read full review

Review: Hoodwinked: An Economic Hit Man Reveals Why the World Financial Markets Imploded & What We Need to Do to Save Them

User Review  - robert - Goodreads

I don't think this adds much to his previous books. Some of it is repeated material. Nope. Not much new here. Read full review

Contents

The Problem
4
Not a Fluke
15
Keynes Versus Friedman
27
The First ECOnomic Hit Man
37
Iran and the Swirling Clouds
45
Mercenaries
54
Enslaved by Debt
61
Modern Robber Barons
72
Dawid Wersus GOliath
142
The Burden of Melting Glaciers
147
Terror and Other isms
151
Prayer AND Action
157
Accepting Consumer Responsibility
162
Creating a New Economy
171
Green Markets
177
G00d Stewardship New Icons
182

The Coming Deregulation
86
The Regulation Scam
93
Fake Accounting
102
DOuble Standards
109
Militarized Paper Economy
115
The Solution
125
Changing Capitalisms Goal
127
A LÍSS0m in Transformation
133
New Rules for Business and G0Vernment
188
Honoring Your Passion
196
Conclusion
205
Acknowledgments
219
Notes
221
Index
233
Copyright

Other editions - View all

Common terms and phrases

About the author (2011)

JOHN PERKINS is the bestselling author of the classic exposť Confessions of an Economic Hit Man and an economist who has enjoyed a front-row seat to world events for the past four decades—as the chief economist of a major consulting firm and economic hit man for the American corporatocracy in the 1970s, CEO of an energy company in the 1980s, and founder of nonprofits in the 1990s and 2000s. He spent the past five years traveling across the United States and to many other countries where he met with government and corporate leaders, spoke at universities and business conferences, talked with people from all walks of life, and gained invaluable insights into the underlying causes of the current crisis.


From the Hardcover edition.

Bibliographic information