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Lunch » Tags » Books » Reviews » Hoodwinked: An Economic Hit Man Reveals Why the World Financial Markets Imploded--and What We Need to Do to Remake Them » User review

The Real Details

  • Nov 30, 2009
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Perkins, John. "Hoodwinked: An Economic Hit Man Reveals Why the World Financial markets Imploded--and What We need to Do to Remake Them', Broadway Business, 2009.

The Real Details

Amos Lassen


John Perkins shows us the real reason for the global financial meltdown by showing us how we have been "hoodwinked" by the CEOs of the companies who run corporate businesses and that those corporations control not only large amounts of capital but they also hold land and resources all over the world. Therefore they are able to tell politicians what to do and how to do it. These corporations have sold us what Perkins calls "predatory capitalism" which is nothing more than misguided geopolitics and a form of capitalism that calls for the exploitation of those who are already very wealthy. He also shows us a way out from this by creating a healthy economy that encourages businesses to act responsibly in terms of all--shareholders, partners, lobbyists, employees, costumers, society and the environment.
Perkins gives us a plan to make things better and he does so in five steps which include gaining new attitudes, creating a new economy, accepting the responsibility of the consumer, implementation of new rules and honoring individual passions.
Here is the book that lets us understand what has happened to America and her financial market. It gives us hope as well as ideas on how to make it better and Perkins asks us, as citizens, to help to create a future that will stop corporate control and debt. It is greed and deception on the side of large corporations and individuals that got us to where we are and we should all be thankful that Perkins has shared this information with us. We must not forget that some of the problem is due to us and our behavior can and will only be changed by educating ourselves about it. If you care about the world, you will read this powerful and evocative book which is extremely readable. You many never look at America the same way again.

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More Hoodwinked: An Economic Hit Ma... reviews
review by . December 12, 2009
I will say that John Perkins is on to something. I will not say that he is on to EVERYTHING. Mr. Perkins does an excellent job demonstrating how capitalism running amuck has caused short-sighted CEO's to vastly inflate their own pay. This lack of long-term vision can cripple a company, and as we have recently learned an entire economy. Be warned if you are a Reagan conservative this book will likely offend you - deeply. However, that does not mean that Perkins doesn't hit on some truths. …
review by . November 23, 2009
Although I am a longtime political and news junkie, it is not possible for me to accurately determine the truth of all the claims that are made in this book. However, I do know a great deal of history and have some knowledge of economics so I can reach conclusions on many of the claims. Where I am able, I can confirm the accuracy of what Perkins puts forward.    Perkins is a self-proclaimed former "economic hit man" (EHM), a person whose job is to convince people to accept his economic …
About the reviewer
Amos Lassen ()
Ranked #210
I am an academic who reivews movies and books of interest to the GLBT and Jewish communities.   I came to Arkansas after having been relocated here due to Hurricane Katrina. I was living in … more
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Wiki

Robert Baer Reviews Hoodwinked

Robert Baeris the author of twoNew York Timesbestsellers:Sleeping with the Devil, about the Saudi royal family and its relationship with the United States; andSee No Evil, which recounts Baer’s years as a top CIA operative.See No Evilwas the basis for the acclaimed filmSyriana, which earned George Clooney an Oscar for his portrayal of Baer. Baer has contributed toVanity Fair, theWall Street Journal, and theWashington Post. He is considered one of the world’s foremost authorities on the Middle East. Read his guest review ofHoodwinked:

I wasn’t twenty pages into Hoodwinked when I realized Perkins nailed it. What got us into the mess we’re in today, the worst recession since the Great Depression, is the same grotesque capitalism cum corruption we shoved down the throat of the Third World since the end of World War II. (Yes, the Third World’s elites were cheerfully corrupted.)

We, and the rest of the West, learned the trick of selling unneeded infrastructure, services, over-sophisticated weapons--stuff that could never benefit anyone other than the people who lined their pockets. And yes, Perkins is right, the international economists and press were handmaidens to the thievery.

It was all fairly routine until 9/11, when the real gorging started. Tell the people their roof is on fire and they’ll give you whatever you ask for. Between 2001 and 2009 the Department of Defense budget increased 74 percent, and ...

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Details

ISBN-10: 0307589927
ISBN-13: 978-0307589927
Author: John Perkins
Genre: Business & Investing
Publisher: Crown Business
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