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EPISODE · Feb 20, 2025 · 16 MIN

Confessions of an Economic Hit Man

from Podcasts on Papers · host James

John Perkins's Confessions of an Economic Hit Man outlines his career facilitating global corporatocracy by indebting developing nations to benefit U.S. corporations and geopolitical interests. Perkins describes his recruitment, training, and experiences in countries like Indonesia, Panama, and Saudi Arabia, highlighting manipulative strategies and their devastating consequences. The book reveals how "economic hit men" create conditions for exploitation, with more sinister "jackals" and military intervention following if necessary. Perkins recounts personal struggles with his role and the gradual realization of its destructive impact. Later in life, Perkins worked in the alternative energy sector, became a critic of these practices, and ultimately sought to expose the system he once served. He also discusses key events, such as the Saudi Arabian Money-laundering Affair, the fall of the Shah of Iran, and the U.S. invasion of Panama, to illustrate the mechanics of global empire-building.

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