"Confessions of an Economic Hit Man" is a compelling memoir by John Perkins, where he reveals his role in a system that prioritizes corporate profits over the welfare of nations. Perkins explains how, as an economic consultant, he was tasked with persuading developing countries to accept large loans for infrastructure projects, which would ultimately benefit U.S. corporations but leave the countries in significant debt. The narrative exposes the manipulation and exploitation that often accompanies such financial dealings, shedding light on the darker aspects of global economics.
The book outlines how these economic hit men operate by using a combination of economic theories, political influence, and, at times, coercion. Perkins narrates instances where he directly influenced government decisions, often bypassing the actual needs of the local populations. He highlights a recurring theme of greed and power dynamics, delving into how these practices perpetuate a cycle of poverty and dependency, undermining the very development that is purportedly being promoted.