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The Secret History of the American Empire: Economic Hit Men, Jackals, and the Truth about Corporate Corruption

The Secret History of the American Empire: Economic Hit Men, Jackals, and the Truth about Corporate Corruption
By John Perkins

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In his stunning memoir, Confessions of an Economic Hit Man, John Perkins detailed his former role as an "economic hit man" in the international corporate skulduggery of a de facto American Empire. Now Perkins zeroes in on hot spots around the world, drawing on interviews to examine the current geopolitical crisis, and providing a compassionate plan to reimagine our world.


Product Details

  • Amazon Sales Rank: #167850 in Books
  • Published on: 2007-06-05
  • Format: Bargain Price
  • Number of items: 9
  • Binding: Audio CD

Editorial Reviews

From Publishers Weekly
Having made a splash with Confessions of an Economic Hit Man, Perkins offers similarly entertaining but disturbing accounts of the American government wreaking havoc around the world in support of American business. In Perkins's view, American presidents willingly comply with their CEO masters, distributing foreign aid to corrupt Third World leaders who keep a share and return the rest to U.S. business for major projects, leaving their nations poor and massively in debt, and requiring more loans and slavish obedience to U.S. policy. If any leader objects, the CIA destabilizes his government, by assassination if necessary. Gathering evidence is not Perkins's strong suit. Typically, a shadowy figure pulls him aside, insists on anonymity, then reveals all. Critics will rightfully accuse Perkins of dreadful journalism and a taste for conspiracy theories. Yet economists admit that loans and "expert advice" to poor nations are often harmful. Few deny that America has ruthlessly undermined uncooperative governments and supported dictators including Saddam Hussein. Perkins's assertions that the U.S. assassinated Ecuador's reformist president and connived at genocide in Timor and Sudan are not absurd, merely unproven. This book's greatest value may be to encourage a competent journalist to cover the same ground. (June 5)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

Review
A sweeping, bold assault on the tyranny of corporate globalization, full of drama and adventure, with devastating stories of greed run wild. But Perkins is undaunted, and offers imaginative ideas for a different world. -- Howard Zinn, author of A People's History of the United States

John Perkins' new book is both an eye-opening expose of global corruption and a fascinating story of adventure and intrigue. This devastating indictment of current economic policies also offers hope by showing the power of the growing movement toward a caring economics worldwide. -- Riane Eisler, author of The Chalice and The Blade and The Real Wealth of Nations

About the Author
John Perkins is the author of Confessions of an Economic Hit Man, a startling exposé of international corruption that spent over a year on the New York Times bestseller list. He is a founder and chairman of Dream Change, a nonprofit organization devoted to raising consciousness and creating a stable, sustainable, and peaceful world for future generations. Perkins has lectured and taught at universities on four continents including Wharton, Princeton, and Harvard, and is a champion for environmental and social causes.


Customer Reviews

Valuable Perspectives, Though Weak on Details4
"The Secret History's" Prologue provides an outstanding summary of the dark side of American generosity as exemplified by the World Bank's actions. The U.S. holds veto power over major World Bank decisions, and its president is appointed by the U.S. president. Perkins asserts that the World Bank's mission quickly became synonymous with proving the capitalist system superior to communism, and to further this role, its employees cultivated cozy relationships with multi-national corporations. This opened the door for economic hit men (EHM) to channel funds from the Bank into schemes appearing to serve the poor while primarily benefiting a few wealthy people.

In the most common scheme, staffers would identify a developing country possessing resources our corporations desired (eg. oil), arrange a huge loan for it, and then direct most of the money to our own corporations and a few collaborators. Infrastructure projects (eg. power plants, airports, industrial parks) would then spring up - however, they seldom helped the poor, and the nation was unable to be able to repay the loan about 50-60% of the time. The EHM could then demand eg. cheap oil, U.N. votes on key issues, and/or troops for eg. Iraq.

Perkins substantiates his "American Empire" label by asserting that the U.S. is run by a big group who collectively act much like a king. They run our largest corporations, and through them, our government. They cycle through the "revolving door" back and forth between businesses and government, fund political campaigns and the media - resulting in a great deal of control over elected officials and the information we receive, regardless of who is elected.

National disasters, like wars and aid projects, are highly profitable for big businesses. A great deal of money for rebuilding is earmarked for U.S. engineering firms and large corporations owning hotel, communications and transportation networks, banks, insurance companies, etc. Sometimes they also provide an opportunity for local governments to extend their oppression - eg. just prior to the 12/26/04 tsunami the Indonesian government was ready to reach an agreement with Aceh rebels largely favorable to them - however, after the disaster disorganized and weakened the Aceh, it instead sent in additional forces to break their resistance in the resource-rich (multinational target)Aceh sector.

Overseas bribery is usually accomplished without violating U.S. law by leasing eg. equipment from companies owned by the target (and friends) at excessive rates; they can then subcontract portions to others at inflated prices. This model can be used to contract for food, housing, cars, fuel, etc. Another means is to offer to arrange for the target's children to attend prestigious U.S. colleges while covering all their expenses and paying consultant/intern salaries while they are in the U.S. U.S. companies also pay local militias for protection, thus weakening local control over them.

Little specific proof of the preceding is offered - however, it follows Perkins' earlier "Confessions of an Economic Hit Man" and numerous other sources. "The Secret History" then goes on to reference vague specifics in Asia, Africa, and South America in a conspiracy-mongering manner.

Some useful specifics come through, however. Examples include privatizing water in South America and then significantly raising rates to the point of provoking a mini-revolt, engendering political change in another country through energy-extraction agreements that provide little for the resident nation, etc.

Our "bottom-line" seems to be "go along with us or we'll foment revolution and/or assassinate you." Mid-East examples include Iran (early 1950s), and Iraq (early 1960s). (No wonder leaders are leery of American-style democracy.) Those wondering why the U.S. is so concerned about Israel's welfare have the answer provided by Perkins - Israel is America's foot soldier in the area, there to help keep the Mid-East in line.

Where have we ended up? Over half the world lives on less than $2/day, over 2 billion lack basic amenities such electricity, clean water, sanitation, land titles, phones, police and fire protection, the cost of servicing Third World debt exceeds their spending on health and education and is about twice what they receive in foreign aid, developing countries' 1970 trade surplus is now an $11 billion deficit, and U.S. corporations now pay less than 10% of federal taxes - down from 21% in as recently as '01 and over 50% during WWII.

Finally, Perkins is at his weakest in prescribing where we go from here. He senses environmentalism may offer the crisis for reform, and suggests that we all become less greedy.

Bottom Line: Despite the general weakness and generally conspiratorial tone of the book, I still found "The Secret History" to offer compelling perspectives in enough areas to be highly worthwhi

A Book That Will Change the World5
In his first book, Confessions of an Economic Hitman, John Perkins lifted the veil on a world rarely seen by most people. He took us on a tour of the costs and consequences of American corporate hegemony, dispelling myths of the `free market', and forcing us to peer deep into our own souls. As Perkins states in his earlier works, "The world is as you dream it," so the question is, what will you dream?

Picking up where he left off, Perkins continues down the path of redemption. Once serving the masters of modern slavery, Perkins now works tirelessly to free those who have been oppressed by the corpratocracy. His thesis? Our planet cannot survive ruthless consumerism at the expense of the world and its people. When all the trees are gone, and all the oil is tapped, what will be left? Does your shirt still feel nice when you understand the suffering involved in its production?

The world John Perkins envisions is one in which personal participation is crucial, and power does not rest in the hands of the few. We have everything we need to create a sustainable global society. We have the resources, the technology, and viable social models. What we need now is a vision, and the inspiration to create such a world. In 329 pages, Perkins provides us with the inspiration to fearlessly question ourselves, and the power structures that exist around us.

Traveling through countries like Indonesia, Brazil, Bolivia, Iraq, and Iran, Perkins paints a picture so vivid its life-altering. This is an amazing follow-up to Confessions, and I strongly recommend this book to anyone who still believes the `free market' benefits all, or anyone who is still waving a flag. This story is brutal, harsh, and real. But the good news is: life can change. We can change. Deep down we all share common values. We all want to live peacefully, we all want to prosper, and we all want to feel love.

If you wish to understand the world for how it really exists, and you seek the tools to help create positive changes, then you have to read this book.

As John says, "Today is the day for us to begin to truly change the world."

Excellent Solutions, less balanced arguments4
From what I have seen first-hand in Sri Lanka, a war-torn, tsunami-hit, civilian and minority unfriendly country, I'm not sure if I can completely agree with John Perkins although I immensely enjoyed the book.

Perkins makes sweeping allegations against every move the US government and corporations make in the global front. Although there is credible evidence to most of his arguments, there are other factors to be considered too. Here is a classic example of how things work both ways.

Take Sri Lanka for example. US pledged billions of aid for Tsunami recovery. Most of them came from corporations. Amazon alone collected and contributed $50 million. And I certainly think we helped Sri Lanka purely on humanitarian basis with no hidden agenda at that time. Yet the government of Sri Lanka didn't send the much needed aid to hard hit areas citing civil war and terrorism. Basically, the Sri Lankan minority Tamils and Muslims didn't get the aid because the government of Sri Lanka was not willing to share the aid with the minorities. Then for unknown reasons, the US government didn't force the Sri Lankan government to share the aid. Condi Rice praised the Sri Lankan government. The reason was, we had a strategic business interest in Sri Lanka due to geographical proximity of its ports to East Asia, and we didn't want to spoil the relationship with a government, though it acted unfairly.

So in one hand we wanted to sincerely help, then on the other we wanted to play a "strategic" role, which turned out to be extremely unfair.

Perkin's arguments are valid and I strongly think he makes a very good point. But looking at the Sri Lankan example, we cannot make sweeping allegations at everything that we do. The aid was good. But trying to be strategic and support an evil conduct was unfair and unethical.

One of the greatest pluses of this book is the excellent solutions Perkins has laid out. Only an intelligent and clear thinker like Perkins can come up with this.

Excellent book. 4/5

N.Sivakumar

Author of
America Misunderstood: What a Second Bush Victory Meant to the Rest of the World