How it works

A peek at how the corporatocracy works from a book review in the Guardian.

...In 1972 Perkins went to see the then dictator of Panama, General Omar Torrijos. Torrijos was a nationalist who was eager to wrest control of the Panama Canal from the US. Perkins went in to read him the riot act and came out with what sounded like an agreement. Some years later, Torrijos started talking to the Japanese about building a larger, sea-level canal for Panama that would have undermined American influence and corporate interests in the area. One night in 1981 Torrijos died when his Twin Otter aircraft crashed under mysterious circumstances. Perkins is convinced he was killed by US interests who placed a bomb on the plane. Had he lived, Perkins writes in his book, Confessions Of An Economic Hit Man, "He would have served as a role model for a generation of leaders in the Americas, Africa and Asia - something the CIA, the NSA [National Security Agency] and the EHMs [economic hit men] could not allow."

Economic hit men resort to such heavy-handed tactics, says Perkins, only when all other means of leverage have failed. The rest of the time they would employ a mixture of bribery, sex, flattery, prostitution, distortion, extortion, abduction and invasion to get their own way. "Sex was a very common tool used by economic hit men," Perkins says. "It was not uncommon for us to seduce wives of oil company executives because that was a way of gaining information and learning things about their husbands."

If the threats of the economic hit men don't persuade, the "jackals" will come in to make good on them. The jackals, says Perkins, are the CIA-sanctioned heavy mob who foment coups and revolutions, murder, abduction and assassination. And when the jackals fail, as was the case in Iraq, then the military goes in.

Economic hit men, Perkins says, work entirely separately but completely in concert with the state. Perkins never once reported to a US government agency - but he is in little doubt that the US government always knew and approved of what he was doing. His task, he says, was to ensure that US business interests came out on top, regardless of who won an election, and that the American wealthy were further enriched, regardless of who was impoverished as a result....

LINK via 3Quarks Daily

(Wellstone fans should note the use of the small plane as murder weapon.)