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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"Can be a bit heavy sometimes, but the context provided is integral to aid the understanding of the situation. Weaves a compelling narrative with modern day history and enriches the reader's comprehension of the multiple constantly moving forces that work behind the scenes of our everyday lives. "
— Alex (5 out of 5 stars)
" Good follow up to Confessions of an Economic HitMan. "
— Marc, 2/8/2014" Written by the Economic Hit Man guy. He explains how the free-market, neoconservative agenda allowed the deregulation which made a financial crisis almost guaranteed. "
— Ob-jonny, 2/3/2014" I very much enjoyed this semi-follow on to the first book written by John Perkins. I don't work in economics, so much of this is new information to me. "
— Tisha, 1/28/2014" The format and tone carry over from the first book, which made transitioning into the conceptual framework simple. His premise that the US and other 1st world countries exhibit the same traits as 3rd world countries is interesting and reasonably well supported (by his arguments/examples). As before, there are not enough examples, and the ones provided do not go in depth. Moreover, in this book he teases the reader with even fewer details in his examples. I am not so sure that I buy China as being a model every country should mimic when trying to achieve prosperity (he neglects the gender gap, the shoddy construction that is coming back to haunt them, and the repercussions of the single-child policy). His solutions to the financial problems in the US simple, but he repeated them ad nauseam. They could have been distilled down to half the current size. Even given the above, I think this book is worth the read. It is frustrating in the lack of detail, but parallels he draws and his solutions are useful (if only to realize they should be common sense). "
— Benj, 1/25/2014" Not as good as Confessions of an Economic Hit Man, but well-done. "
— Diane, 1/24/2014" Good book especially if you are into Perkins views on diplomacy and foreign relations. This and his book an Economic Hit Man have opened my eyes to so very interesting ideas. I will definitely be a more contentious consumer. "
— Bradhusser, 1/1/2014" This would be a book loved by most occupiers. Feel good economics are not based in reality. "
— Lee, 12/25/2013" Extremely amazed to see what actually happened during the crisis!! "
— Priyank, 12/25/2013" Simply hoodwinked by the book! Next stop - Confessions of an Economic Hit Man! "
— Nirmal, 12/12/2013" Excellent read really enjoyed the book interesting character "
— Bruce, 11/22/2013" I am intrigued by the idea of calculating a triple bottom line. And I liked his point that when we buy cheap items, we are pushing the cost onto someone else. I'm a bit concerned about the new age-edness, but I have to applaud what ever steps led to his complete change of morality. "
— Valerie, 11/19/2013" A must-read book in order to see behind of the happenings! "
— Hulya, 10/8/2013" An excellent book for anyone who cares how and why the economy is in the shitter. Also, gives some advice as to how we can turn things around. "
— Hitbybus, 7/8/2013" Audio version- good indictment of wall street and other criminals "
— Annette, 1/22/2013" I liked it, but it wasn't nearly as informative as his first book "
— Greg, 3/19/2012" Interesting read. Perkins talks about the hush hush life he led, that is shown in the movies as fiction. It was refreshing to read about his work but I felt like it lacked detail about his work. I would have loved to read more about the plots and schemes in more detail. "
— Madina, 5/18/2011" Great, eye-opening and a fast read so far! "
— Annie, 4/29/2011" This personal story of the corruption of government and big business rings true (unfortunately). Fast-paced, parts of the book read like a spy novel, such as when he was inducted into the profession by a seductress (this part was a bit hard to believe). "
— Nancy, 4/27/2011" A must read..it will make you sit up and pay more attention to what is going on around you. "
— Al, 4/26/2011" Very eye-opening. This is a must-read. "
— Darlene, 4/13/2011John Perkins was formerly chief economist at a major international consulting firm where he advised the World Bank, United Nations, IMF, US Treasury Department, Fortune 500 corporations, and governments in Africa, Asia, Latin America, and the Middle East. Since then, his books on economics and geopolitics have been New York Times bestsellers and sold more than one million copies. He has lectured at more than fifty universities around the world. He has been featured on ABC, NBC, CNN, NPR, A&E, the History Channel, Time, New York Times, Washington Post, Cosmopolitan, Elle, Der Spiegel, and others, as well as in numerous documentaries. He is a founder and board member of nonprofits devoted to establishing a world our children will want to inherit.
David Ackroyd is an American actor who first came to prominence in soap operas such as The Secret Storm and Another World. He was born in Orange, New Jersey, a suburb of Newark.