Source: Information Clearing House
John Perkins
My job as an economic hit man during the 1970s was to enslave nations that had resources our corporations coveted by burdening them with debts they could never repay. We then demanded that they sell those resources cheap, without social or environmental regulations, to our corporations.
It was an incredibly successful strategy. In essence it created the world’s first truly global empire and the first one that was not built primarily through military occupations. It also transformed geo-politics. The power of elected officials was usurped by those who sit at the top of the multinational corporations (the ‘corporatocracy’).
This success led to the realization that similar strategies could be applied in the United States in order to emasculate a population that was exerting its democratic rights in ways that threatened the corporatocracy – forcing an end to the highly profitable Vietnam War, demanding racial and gender equality, increasing social security, Medicare, education, and other services.
John Perkins
“A man in debt is so far a slave.” - Ralph Waldo Emerson -
My job as an economic hit man during the 1970s was to enslave nations that had resources our corporations coveted by burdening them with debts they could never repay. We then demanded that they sell those resources cheap, without social or environmental regulations, to our corporations.
It was an incredibly successful strategy. In essence it created the world’s first truly global empire and the first one that was not built primarily through military occupations. It also transformed geo-politics. The power of elected officials was usurped by those who sit at the top of the multinational corporations (the ‘corporatocracy’).
This success led to the realization that similar strategies could be applied in the United States in order to emasculate a population that was exerting its democratic rights in ways that threatened the corporatocracy – forcing an end to the highly profitable Vietnam War, demanding racial and gender equality, increasing social security, Medicare, education, and other services.