John Perkins (author)
John Perkins is an American author. His best known book is Confessions of an Economic Hit Man, in which Perkins describes playing a role in a process of economic colonization of Third World countries on behalf of what he portrays as a cabal of corporations, banks, international financial institutions, and the United States government. The book's claims were contested by some involved parties. The book spent more than 70 weeks on the New York Times bestseller list.
Perkins has also written about mystical aspects of indigenous cultures, including shamanism.
Life and career
Perkins graduated from the Tilton School in 1963. He subsequently attended Middlebury College for two years before dropping out. He later earned a Bachelor of Science degree in business administration from Boston University in 1968. He was a Peace Corps Volunteer in Ecuador from 1968 to 1970. He spent the 1970s working for the Boston strategic-consulting firm Chas. T. Main. He said he was screened for the job by the National Security Agency. Perkins states that he was seduced and trained as an "economic hitman" by a businesswoman named Claudine Martin, who used his NSA personality profile to manipulate and control him.As chief economist at Chas. T. Main, Perkins said he advised the World Bank, United Nations, IMF, U.S. Treasury Department, Fortune 500 corporations, and countries in Africa, Asia, Latin America, and the Middle East. Perkins states that he worked directly with heads of state and CEOs of major companies. Perkins's time at Chas T. Main provides the basis for his subsequent statements that, as an "economic hit man", he was charged with inducing developing countries to borrow large amounts of money, designated to pay for questionable infrastructure investments, but ultimately with a view to making the debt-laden countries more dependent, economically and politically, upon the West.
In the 1980s, Perkins left Main and founded and directed an independent energy company. Perkins implies in New Confessions of an Economic Hitman, published in 2016, that he was poisoned in 2005 on behalf of the NSA or CIA. Doctors diagnosed him with diverticulosis.
Assessments of ''Confessions of an Economic Hit Man''
Confessions of an Economic Hit Man is a semi-autobiographical book written by Perkins and first published in 2004.Sebastian Mallaby, economics columnist of the Washington Post, wrote that Perkins was "a conspiracy theorist, a vainglorious peddler of nonsense, and yet his book, Confessions of an Economic Hit Man, is a runaway bestseller". Mallaby, a member of the Council on Foreign Relations, wrote that Perkins' conception of international finance is "largely a dream" and that his "basic contentions are flat wrong". As an example, Mallaby stated that Indonesia reduced its infant mortality and illiteracy rates by two-thirds after economists persuaded its leaders to borrow money in 1970.
Articles in the New York Times and Boston magazine said there was a lack of documentary or testimonial evidence to corroborate the claim that the NSA was involved in Perkins' hiring by Chas T. Main. After an investigation, the New York Times concluded that "the arc of Mr. Perkins's career seems to be described accurately", although they did not find evidence to support "some of his fancier claims," including those involving the NSA.
Chas. T. Main's former vice president Einar Greve, who first offered Perkins a job at the firm, agreed that foreign debt represented a poor economic strategy for developing nations:
Basically his story is true.… What John's book says is, there was a conspiracy to put all these countries on the hook, and that happened. Whether or not it was some sinister plot or not is up to interpretation, but many of these countries are still over the barrel and have never been able to repay the loans.Greve denied many aspects of Perkins' claims, such as the NSA having any links to Main, or that Perkins was seduced by Claudine Martin, saying that he believes that Perkins has convinced himself that his story is accurate. Boston ''Magazine'' wrote that Perkins provided it with a "flimsy package of materials" to verify the claims he made in the book. A number of Perkins' former colleagues disagreed with his perspective on the company and contradicted specific claims he made; Frank Fullerton, one of his supervisors, stated that Perkins left Chas T. Main because he "thought he was worth more than he was".
In 2006, the US State Department stated that much of the book "appears to be a total fabrication... the National Security Agency is a cryptological organization, not an economic organization... Neither of missions involves anything remotely resembling placing economists at private companies in order to increase the debt of foreign countries."