Hoodwinked: an economic hit man reveals why the world financial markets imploded--and what we need to do to remake them

Book Cover
Average Rating
Publisher:
Broadway Books,
Pub. Date:
c2009.
Language:
English
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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ISBN:
9780307589927
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Grouped Work ID 53384b71-8cea-0fc7-1f17-55326fbee66c
full_title hoodwinked an economic hit man reveals why the world financial markets imploded and what we need to
author perkins john m
grouping_category book
lastUpdate 2017-06-24 11:03:53AM

Solr Details

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oclc (OCoLC)320186942
owning_library_arlington Arlington Public Library, Aurora Hills, Central, Cherrydale, Columbia Pike, Connection Crystal City, Detention Center, Glencarlyn, Local History, Plaza, Shirlington, Westover
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physical x, 243 p. ; 22 cm.
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primary_isbn 9780307589927
publishDate 2009
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record_details ils:.b13207891|Book|Books|1st ed.|English|Broadway Books,|c2009.|x, 243 p. ; 22 cm.
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subject_facet Economic history -- 21st century, Finance -- Government policy, Global Financial Crisis, 2008-2009
target_audience Adult
target_audience_full Adult
title Hoodwinked : an economic hit man reveals why the world financial markets imploded--and what we need to do to remake them
title_display Hoodwinked : an economic hit man reveals why the world financial markets imploded--and what we need to do to remake them
title_full Hoodwinked : an economic hit man reveals why the world financial markets imploded--and what we need to do to remake them / John Perkins
title_short Hoodwinked :
title_sort hoodwinked an economic hit man reveals why the world financial markets imploded--and what we need to do to remake them
title_sub an economic hit man reveals why the world financial markets imploded--and what we need to do to remake them