John Perkins on Globalization

Volume 1 of 5 in the 'speaking freely' series. (52 minutes)

For many years John Perkins claimed to have been working as something he defines to be like an "economic hit man in the world of international finance"; a function he performed by persuading Third World countries to take on large -scale public works projects. Today, we recognize that these types of projects, financed by the World Bank and International Monetary Fund (IMF), have served to enrich U.S. corporations while creating crippling debt for these countries, effectively turning them into American client states. Experiencing a change of heart, Perkins resigned from the business in 1981. After running a utility company, he founded the nonprofit organization, Dream Change Coalition (http://www.dreamchange.org), which works closely with Amazonian and other indigenous people to help preserve their environments and cultures. Take the time for a conversation with Perkins about globalization and inequality around the world.

Produced: 2007, http://www.imdb.com/title/tt1245106/

www.johnperkins.org, www.dreamchange.org

For a better quality copy please visit the Cinemalibre webstore @ http://www.cinemalibrestore.com/sf_series.html or www.cinemalibrestudio.com

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[shizaunilicious]

The system he explains of loaning money, allowing debt to accumulate, then exploiting the victim for extra benefits is the EXACT same scam that the Mafia uses to get athletes to shave points. Let the athlete to ring up gambling debts he can't pay, then charge him insane interest, then get him to throw games so the mafia can make MUCH MORE money than the debt repayment would be.

[5iF3R]

@shizaunilicious Yea, it's all about 'who' controls the debt.

[zoticus1]

@Denver1776

So do you know anything about Perkins?

I think you have not read any of his books, considering he laid out how he was inperfect , as we all are, and had an eye opening experience.

If your waiting for a perfect person to come around and tell you reality you would be dead before you received the knowledge.

Perkins is pointing out the failure of neoliberalism and globalization and all you can do is call him a "Commie" !?

What is this 1950?

Your pathetic!

[zacharyhatfield90]

@omgitsclassical from what i understand, the corporatocracy is not american, so america maybe in debt to china, but the corporations have their fortunes spread out over lots of different countries/currencies. this fail-safes them against currency collapses that are inevitable within the game they play.

[GrannyTenderstone]

brilliant. SOMEBODY gets it besides me!! he has mirrored so many of my own insights, that took me a lifetime to realize. what a blessed thing to know he is sharing this, this should be EDUCATION 101 for all American children in schools from a very young age.

[GrannyTenderstone]

@shizaunilicious yup!! there is poverty because the one percent LIKE IT THAT WAY, else there would be no poverty. They rigged the system and they aren't going to give it up easily. I analyze everything, and it always leads to the same place. virtually every issue or problem we face can be traced back to the one percent who will always exploit the masses. when will people rise up and do something? when it's too late, when the brown shirts are already at their doors.

[equalitysomeday]

@omgitsclassical The US/UK is in debt to China for several reasons. Fundamentally, China has a huge abundance of cheap labour (weak unions, poor labour rights, low regulation on child labour, low enviromental regualation ect) that is exploitated by multi national corporations, and pushed through "freerer" free trade agreements whereby movement of capital (companies cutting labour and enviroment costs) in china exploded chinas exports (and trade surplus). Debt rises, profits rise for companies.

[angelpapi007]

The problem is a simple and direct one..the one that was said by Jesus. THE LOVE OF MONEY IS THE ROOT TO ALL EVIL.....MR. Perkins, you are a noble man. thank you. I am glad that at least in this physical realm you give a hoot. God Bless you Friend

[omgitsclassical]

I have a quick question: I heard that we are in a lot of debt to China. Why?

[EscapeForYourLife]

"Many shall follow their pernicious ways; by reason of whom the way of truth shall be evil spoken of. And through covetousness shall they with feigned words make merchandise of you: whose judgment now of a long time lingereth not, and their damnation slumbereth not." 2 Peter 2:2, 3.

[emncaity]

@777overjoy777

Just ask the Taliban, or Iran.