I'm trying to figure out what the appropriate subtitle for this book should be and I can't decide among the following:
- Travels Through Guilt with the World's 33rd Richest Hippie
- The Mind of an Empty Suit
- A Self-Important Revisionist History
- How I Learned to Hate Myself and Love the Third World
- Memoirs of a Cold War Paperpusher
Confessions of an Economic Hitman by John Perkins is an exclamation point riddled history of a few financial manipulations of the Cold War by a man who had no stake in his own ambition.
The first thing you notice about this account is that it is written by a man who thinks he was sitting on top of the world, when in fact he was just a cog in the energy industry. If you are credulous enough to believe that the debts and revenues associated with the energy business is indeed the core principle of the global economy, then the moral outrage of this book makes sense. But there's a whole lot to swallow.
On the plus side, it's a fast and somewhat entertaining read. Otherwise it is a exercise in the slow revelations of a kind of self-loathing that takes about 20 years to surface.
One of the things that I've had in mind as I was reading this screed was the sense of geography as destiny. As I look at the 20th Century, I think of most of it focused on the economics of . Perkins was one of the people who made the truth a narrative of economic exploitation. He falls in love with Socialist charismatics in Latin America, rues the lives of poor peasants, and bemoans the basic nature of corporate capitalism without ever acknowledging or even understanding the basic nature of socialism.
Perkins is a perfect example of a cultural relativist. a perceptive reader can see how much he hates his hometown and parents and idolizes romantic ideals associated with revolutionary rhetoric. But you can't imagine that he even had the temerity to read Marx, Weber, Engles, Friere or anyone. Back when I was a bit more blackified, I referred to such people as culture vultures. If it's indigenous, it's good. But you'll never see him once talk about infant mortality statistics, literacy rates, crime rates or even inflation.
I discovered a bit too late that this book would teach me nothing about the business of foreign direct investment or the workings of the World Bank except that he saw it as evil. Technically, you'll get a great deal more insight reading Wikipedia. Basically, Perkins assumes that his game was the only game on the planet, his company was smack dab in the middle of it and that it was all being subtley directed by the CIA and NSA and that this is, was and always will be the American way. You really get a foggy view of the Evil Empire of America from Perkins, who resembles nobody quite so much as a cynical wanker who is too soulless to quit the game. It's a confession all right.
By the time I got 2/3rds of the way through, reading the book began to become annoying. The incredible vacuity of this man was staggering. There are no personal relationships in the book worth speaking of. He found loyalty only to his bosses worth mentioning. It is a stunning revelation about his character that he never once had a kind word to say or any personal quality worth mentioning about his staff that stands out in memory. We learn that he took one of his charges (female) on a yacht cruise to some isle in the Caribbean, but that when he got there, he was so sickened by his guilty conscience that he banged his head against the coconut trees.
If you want to understand something about the life of an economist and high finance, the best book I've read is My Life as a Quant. If you want to understand something about the life of a reluctant spy, the best book to read is Larry Kolb's Overworld. If you want to get well-written account of a man who was too spoiled to find himself while being a toady in the economic hardball of the Cold War era, then this is your book. But it's nowhere near as good as, say The Quiet American.
You can imagine that Perkins, who is a great admirer of Graham Greene, might have had aspirations to be such a character as Greene might pen. He is earnest to tell such a story that would portray himself thus, but he is to honest to consider himself heroic, and I suspect that he'll be working off his guilt for the rest of his life. In that regard, 'Confessions of an Economic Hitman' is (now prefaced and extended in the paperback edition) a blueprint for American liberal guilt. If there was ever someone who truly believed that global warming and a host of other blowbacks are destined to doom America to a well-deserved kharmic smackdown, it is John Perkins. He has always been a citizen of the world pretending to be a patriotic American, down to the repetitions of his undying faith in the words of Thomas Paine. You'd think, being a pseudo-economist, that he'd have some room in his heart for Alexander Hamilton. Ahh but that would mean that he'd have to admire courage.
I didn't want to be a harsh judge of Perkins. I thought I might learn of an extraordinary life, one of conviction and then epiphany. Instead I learned of a small yapping dog who was always on a leash he lacked the spirit to gnaw through. Someone who would tell us in the end that we should use less oil and that 'corporatocray' is evil. This book has been a disappointment in many ways. I may well be very happy to read Thomas Friedman after this.
Good parts?
Yeah there are a few. He speaks about a few South American presidents who might have been contenders. He gives a few details about Saudi Aramco. But compared to Larry Kolb's fascinating and detailed portraits of Daniel Ortega and Adnan Khashoggi, this is Romper Room. If Perkins thought he was an agent... don't make me laugh.
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