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Hoodwinked: An Economic Hit Man Reveals Why the World Financial Markets Imploded
 
 
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Hoodwinked: An Economic Hit Man Reveals Why the World Financial Markets Imploded [Paperback]

John Perkins
4.7 out of 5 stars  See all reviews (3 customer reviews)
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Product details

  • Paperback: 256 pages
  • Publisher: Crown Publishing Group, Division of Random House Inc; Original edition (15 Dec 2011)
  • Language English
  • ISBN-10: 0307589943
  • ISBN-13: 978-0307589941
  • Product Dimensions: 13.1 x 1.4 x 20.3 cm
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Bestsellers Rank: 59,422 in Books (See Top 100 in Books)

More About the Author

John Perkins
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Product Description

Product Description

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.


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Customer Reviews

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Most Helpful Customer Reviews
5 of 5 people found the following review helpful
Format:Hardcover
This book opens up your world into the realization of what has been happening to us financially.
It opens your mind and gives you the facts that will enrage you and also educate you into
what corporatocracy is doing to the common man, what banks have done to the common man and what
they have been doing for so long.
A great read from start to finish. John Perkins is an inspiration to us all, to turn away from
the dark side and embrace the good side to mankind.
Thank you John Perkins for opening up my eyes, because for a long time I wondered and was suspicious,
but now I see, for the first time.
Keep an open mind when you read this book. Remember, this book has been written by a man that has
gone to the depths of darkness and come out the other side. I am sure his life is at threat every day
now, now that he has launched his books. However despite all that, I admire his courage to come clean!
It takes a lot to do that...
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1 of 1 people found the following review helpful
Tells it like it is 8 Mar 2012
Format:Hardcover
The further I got into this book the more I liked it. My biggest complaint - which turns out to be my only real complaint, was that, as this is updated from an earlier 2009 edition, why didn't the author update the text rather than giving us a quick intro explaining that not much has changed in the two years since he wrote it? I mean, we're talking about the global economy here. What he tells us is still true and relevant, but definitely some things in the book could have been updated for this 2011 edition.

But never mind: after that initial concern, I found his story fascinating. Perkins explains how the corporate world, especially American big business, has taken over our lives, caused the credit bubble and the subsequent crash, crushed everything and everyone who got in their way as they made themselves more and more rich. This is about capitalism at its worst.
And just in case this sounds like a left-wing radical rant, I'll make it clear that the author is an American businessman - an economic hit-man, as he describes himself. He was deeply involved in this world, which is why he knows so much about it and why he can write with a credibility few can match.
I've read enough elsewhere to feel reasonably sure that what he tells us is true, shocking though some of it is, especially the CIA involvement; getting rid of developing-country leaders who get in the way of American interests etc. Certainly the stuff about the financial meltdown rings true; the debt bubble being a result of 'predatory capitalism'.

One of the good things about this book is that, besides his obvious authenticity (he backs up most of his claims with real examples, real names, real people) the author can actually write, or if he can't the book is very well edited. The only weakness and the reason I give it four rather than five stars, besides not being updated for this latest edition, is a tendency to repeat his anti-corporate rhetoric a bit too much, possibly weakening his argument by sounding a bit too radical.
But really this book is well worth reading.
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2 of 50 people found the following review helpful
good but late 12 Jan 2010
Format:Hardcover
The book was in good shape. Transportation was really delayed, which made it a poor experience.
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