cover image The Secret History of the American Empire: Economic Hit Men, Jackals, and the Truth About Global Corruption

The Secret History of the American Empire: Economic Hit Men, Jackals, and the Truth About Global Corruption

John Perkins, . . Penguin Press, $25.95 (384pp) ISBN 978-0-525-95015-8

Having made a splash with Confessions of an Economic Hit Man , Perkins offers similarly entertaining but disturbing accounts of the American government wreaking havoc around the world in support of American business. In Perkins's view, American presidents willingly comply with their CEO masters, distributing foreign aid to corrupt Third World leaders who keep a share and return the rest to U.S. business for major projects, leaving their nations poor and massively in debt, and requiring more loans and slavish obedience to U.S. policy. If any leader objects, the CIA destabilizes his government, by assassination if necessary. Gathering evidence is not Perkins's strong suit. Typically, a shadowy figure pulls him aside, insists on anonymity, then reveals all. Critics will rightfully accuse Perkins of dreadful journalism and a taste for conspiracy theories. Yet economists admit that loans and "expert advice" to poor nations are often harmful. Few deny that America has ruthlessly undermined uncooperative governments and supported dictators including Saddam Hussein. Perkins's assertions that the U.S. assassinated Ecuador's reformist president and connived at genocide in Timor and Sudan are not absurd, merely unproven. This book's greatest value may be to encourage a competent journalist to cover the same ground. (June 5)