John Perkins: Confessions of an economic hitman

[Rahi812]

John Perkins book; Confessions of an economic hitman tells us how the developing countries are forced or pushed towards mega and fancy infrastructure to put them in the big debt burden. Ultimately big corporate take away all the money, all the money is coming from them and at the end it goes back to those big corporations. People in the developing countries are trapped in big debts which they pay by increasing inflation. Ultimately, the people have to pay for all the mega projects with their hard earn income.

The book is really an eye opener. We are mostly very euphoric about the mega projects. We get happy on metro trains, big airport terminals, beautiful highways and high rise buildings. One thing, we don't realize these things are not the sign of development. These are the signs that we are ready to be the consumers of big corporate. We turn a deaf ear to daily suicide, killings and rapes going on around us.




Confessions of an Economic Hit Man - John Perkins - Google Books

 

[nForce]

John Perkins book; Confessions of an economic hitman tells us how the developing countries are forced or pushed towards mega and fancy infrastructure to put them in the big debt burden. Ultimately big corporate take away all the money, all the money is coming from them and at the end it goes back to those big corporations. People in the developing countries are trapped in big debts which they pay by increasing inflation. Ultimately, the people have to pay for all the mega projects with their hard earn income.

The book is really an eye opener. We are mostly very euphoric about the mega projects. We get happy on metro trains, big airport terminals, beautiful highways and high rise buildings. One thing, we don't realize these things are not the sign of development. These are the signs that we are ready to be the consumers of big corporate. We turn a deaf ear to daily suicide, killings and rapes going on around us.




Confessions of an Economic Hit Man - John Perkins - Google Books

hmm..Interesting..I think I'm going to read it.But this is not for the first time that the link of the book has been posted here.You should have checked that.

 

[Chinese-Dragon]

That's why we have domestic companies dominating our internal markets.

Instead of Google, we have Baidu. Instead of Dell, we have Lenovo.

Yes, we also have Google and Dell, but they have a minority share in our markets. Majority share goes to our own companies.

 

[Secret Service]

recommended book for everyone ...

 

[B+ Dracula]

Must Read Column by Oriya Maqbool Jan (In Urdu) about Perkins.................
Daily Express News Story

 

[Rahi812]

That's why we have domestic companies dominating our internal markets.

Instead of Google, we have Baidu. Instead of Dell, we have Lenovo.

Yes, we also have Google and Dell, but they have a minority share in our markets. Majority share goes to our own companies.

China has really motivated its work force and engage them to increase the productivity.

Economic Issues 8 -- Why Is China Growing So Fast?

China developed its own infrastructure and tried to stay away from international funding. This developed the domestic financial market.