Jumia Books The New Confessions of an Economic Hit Man Book by John Perkins

The New Confessions of an Economic Hit Man by John Perkins is an updated and expanded sequel to his original 2004 memoir, Confessions of an Economic Hit Man. In this book, Perkins offers new and chilling evidence of how the corporatocracy—a vast network of corporations, banks, governments, and wealthy elites—has entrenched and expanded its global influence through economic manipulation, political coercion, and military power.

Perkins recounts his role as an "economic hit man" (EHM) recruited in the 1970s to convince leaders of developing countries to accept enormous loans for large infrastructure projects. These loans, often tied to contracts with U.S. companies, primarily benefited American businesses and local elites, while leaving the countries burdened with unsustainable debt and political dependency on the United States. This debt servitude functions like modern economic slavery, ensuring these nations serve the interests of powerful corporations and governments.

The book exposes corrupt methods including false economic projections, rigged elections, payoffs, extortion, and even assassinations. Perkins also documents the evolution of these tactics in the post-9/11 era, revealing how the system has become even more pervasive and dangerous.

Beyond revealing this grim system, Perkins offers guidance on how individuals can resist their unconscious support of corporatocracy by becoming conscious consumers, advocating for ethical business, and fostering social change.

Key themes include:

Economic imperialism and debt as tools of control

The role of multinational corporations and financial institutions in perpetuating inequality

The intersection of corporate greed, U.S. foreign policy, and global politics

The moral and political consequences of blind economic growth narratives

Individual empowerment as a means to challenge the system

The book is both a personal memoir and a powerful critique of global capitalism’s darker forces. It serves as a wake-up call about the hidden mechanisms of power shaping the world today.

Publication Details:

Published: 2018 (updated edition)

Pages: Approximately 384

Publisher: Ebury Press

Reception:
The book is praised for its investigative depth and first-person insights, and recognized as a vital whistleblowing contribution revealing the true sources of political and economic power. However, it also challenges readers to rethink their relationships to money, politics, and consumerism.

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