Hoodwinked: An Economic Hit Man Reveals Why the World Financial Markets Imploded--and What We Need to Do to Remake Them (Broadway Books) (Hardback) By (author) John Perkins

Full bibliographic data for Hoodwinked

Title

Hoodwinked

Subtitle

An Economic Hit Man Reveals Why the World Financial Markets Imploded--and What We Need to Do to Remake Them

Authors and contributors

By (author) John Perkins

Physical properties

Format: Hardback
Number of pages: 256
Width: 156 mm
Height: 232 mm
Thickness: 25 mm
Weight: 399 g

Audience

General/trade

Language

English

ISBN

ISBN 13: 9780307589927
ISBN 10: 0307589927

Classifications

Dewey: 330.90511
BISAC category code: BUS000000
BIC subject category: KCX
Nielsen BookScan Product Class: T7.5
BISAC category code: BUS022000

Publisher

Broadway Books (A Division of Bantam Doubleday Dell Publishing Group Inc)

Imprint name

Broadway Books (A Division of Bantam Doubleday Dell Publishing Group Inc)

Publication date

01 February 2010

Publication City/Country

New York/US

Main 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.

Review quote

"John Perkins has been in and out of the world of high finance and low ethics, and in "Hoodwinked" he not only illuminates that world with dramatic stories and keen insights, but suggests what we might do to create a better society." --Howard Zinn, bestselling author of "A People's History of the United States" "Another thriller from the master storyteller with an insider view. Perkins takes us once again into the dark netherworld of corrupt bankers and economic hit men who lure the unsuspecting into financial ruin and reveals the connection between the folks who for decades enriched themselves at the expense of the world's poor and those who now reap billions at the expense of America. Same people, same scams." --David Korten, author of "Agenda for a New Economy "and "The Great Turning, " and board chair of "YES!" magazine "John Perkins' engaging narrative draws us into a brilliant analysis of capitalism's shadow side, and points us to a hopeful p

Biographical note

JOHN PERKINS is the bestselling author of the classic exposé Confessions of an Economic Hit Man and an economist who has enjoyed a front-row seat to world events for the past four decades—as the chief economist of a major consulting firm and economic hit man for the American corporatocracy in the 1970s, CEO of an energy company in the 1980s, and founder of nonprofits in the 1990s and 2000s. He spent the past five years traveling across the United States and to many other countries where he met with government and corporate leaders, spoke at universities and business conferences, talked with people from all walks of life, and gained invaluable insights into the underlying causes of the current crisis.